127 GREEN STREET
Central Lakes · K0K1X0
$489,000
About this residence
At $499,000, this home is a rare income opportunity in the heart of Deseronto. This tenant-ready century home is priced to deliver immediate returns and long-term upside. With two separate self-contained units, this property offers the flexibility investors and owner-occupants are searching for: live in one unit and let the other help pay your mortgage, or lease both for a strong, dependable cash flow. The upper unit (3 bed/1 bath) is already tenanted at $973/month all-inclusive, generating income from day one, while the vacant main-floor unit (2 bed/1 bath) gives you the freedom to move in, choose your own tenant, or capture additional market rent. Both units are bright and spacious, with their own private entrances, full eat-in kitchens, in-unit laundry, and comfortable living areas, making them genuinely easy to rent and easy to hold. The value extends well beyond the units themselves: a full unfinished basement offers abundant storage along with a sauna and a bathroom rough-in, presenting clear potential to add even more usable space and equity down the road. Outside, you'll find a detached single-car garage, two separate driveways with parking to suit both households, and a generous, mature-treed backyard with a new covered deck being completed by the seller. Set in a well-established neighbourhood close to local amenities and the waterfront, this is the kind of property that rarely comes to market at this price: solid, income-producing, and full of upside. Whether you're growing your portfolio or buying your first home with built-in income, 127 Green Street is an opportunity worth moving on. Units are not separately metered; 24 hours' notice required for showings. (id:61366)
Property details
- Property type
- Single Family
- Style
- House
- Ownership
- Freehold
- Bedrooms
- 5 (5 above)
- Bathrooms
- 3 (1 half)
- Storeys
- 2
- Living area
- 2,000–2,500 sq ft
- Lot size
- 66 x 132 FT
- Frontage
- 66 feet
- Parking
- 11 spaces
- Annual tax
- $4,471
- MLS®
- X13414218
- Board
- Central Lakes
- Status
- Active
- Listed
- Jun 8, 2026
- Updated
- Jun 29, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Main level | 4.11 × 3.76 m |
| Dining room | Second level | 2.43 × 2.73 m |
| Bathroom | Second level | 2.27 × 1.67 m |
| Bedroom 2 | Main level | 4.99 × 3.75 m |
| Kitchen | Main level | 3.66 × 4.18 m |
| Living room | Main level | 4.97 × 4.67 m |
| Bathroom | Main level | 3.66 × 1.54 m |
| Primary Bedroom | Second level | 4.46 × 3.77 m |
| Bedroom 2 | Second level | 3.63 × 3.52 m |
| Bedroom 3 | Second level | 3.75 × 2.92 m |
| Living room | Second level | 3.96 × 4.5 m |
| Kitchen | Second level | 3.92 × 3.27 m |
Features & finishes
Appliances
- Washer
- Refrigerator
- Dishwasher
- Dryer
- Stove
Heating
- Forced air
- Natural gas
Basement
- Unfinished
- Walk-up
Exterior
- Brick
Foundation
- Stone
Parking
- Garage
- Detached Garage
Sewer & Utilities
- Sanitary sewer
- Cable
- Electricity
- Sewer
Financing
Estimated monthly payment
$2,287/mo
Loan amount
$391,200
Down payment
$97,800
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Central Lakes
Nearby
About the area
Census · K0K- 115,850
- Population
- 51
- Median age
- $83,000
- Median income
- $500,000
- Median home value
- 86%
- Home ownership
- 29 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 127 GREEN STREET?
127 GREEN STREET is listed for $489,000, in Central Lakes.
How many bedrooms and bathrooms does 127 GREEN STREET have?
It offers 5 bedrooms and 3 bathrooms (including 1 half-bath).
What type of home is 127 GREEN STREET?
127 GREEN STREET is a Single Family, House set over 2 storeys.
How large is 127 GREEN STREET?
The home offers approximately 2,000–2,500 sq ft of living space on a lot measuring 66 x 132 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $2,287. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $4,471 per year.
Is there parking?
Yes — 127 GREEN STREET includes 11 parking spaces.
What is the Central Lakes area like?
Central Lakes has a population of about 115,850, a median age of 51, a 86% home-ownership rate, with an average commute of about 29 minutes.
What is the average home value in Central Lakes?
The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.
What is the median household income in Central Lakes?
The median household income in this area is approximately $83,000.
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