130 NORTH WATER Street
Cornerstone · N0G2L3
$565,000
About this residence
Welcome to a wonderful investment opportunity in the heart of Mount Forest—perfectly positioned with peaceful views overlooking the Saugeen River. This solid duplex features two bright and well-kept 1-bedroom, 1-bath units, each offering comfortable living spaces and great natural light. Both units benefit from generous storage, practical layouts, and easy access to outdoor space, giving tenants the best of small-town living with a touch of nature right outside their door. Whether you’re looking to add to your portfolio or step into your first multi-unit property, this one checks the boxes: steady income potential, quiet location, and scenic surroundings. Both units are now vacant. A lovely blend of lifestyle and value—right here in Mount Forest. (id:61366)
Property details
- Property type
- Single Family
- Style
- House
- Ownership
- Freehold
- Bedrooms
- 4 (2 above, 2 below)
- Bathrooms
- 2
- Storeys
- 1
- Living area
- 2,045 sq ft
- Lot size
- 0.168
- Frontage
- 267 feet
- Parking
- 4 spaces
- Fireplace
- 1
- Year built
- 1957
- Annual tax
- $2,693
- MLS®
- 40787978
- Board
- Cornerstone
- Status
- Active
- Listed
- Nov 15, 2025
- Updated
- Jun 2, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Utility room | Basement | 10'0'' x 15'6'' |
| Utility room | Basement | 9'6'' x 15'8'' |
| Office | Basement | 11'3'' x 21'8'' |
| Bedroom | Main level | 9'8'' x 8'9'' |
| 4pc Bathroom | Main level | — |
| Kitchen | Main level | 9'9'' x 15'3'' |
| Living room | Main level | 12'9'' x 14'2'' |
| Bedroom | Basement | 10'3'' x 12'7'' |
| Bedroom | Basement | 12'4'' x 11'1'' |
| Bedroom | Main level | 9'8'' x 8'9'' |
| 4pc Bathroom | Main level | — |
| Kitchen | Main level | 9'9'' x 15'3'' |
| Living room | Main level | 12'9'' x 14'2'' |
Features & finishes
Appliances
- Washer
- Refrigerator
- Dryer
- Stove
- Window Coverings
Heating
- Forced air
- Natural gas
Cooling
- Central air conditioning
Basement
- Full
- Partially finished
Exterior
- Concrete
- Stucco
Lot
- Crushed stone driveway
Sewer & Utilities
- Septic System
- Cable
- Electricity
- Natural Gas
- Telephone
Community
- Quiet Area
- Community Centre
Views
- River view
Architecture
- Bungalow
Financing
Estimated monthly payment
$2,642/mo
Loan amount
$452,000
Down payment
$113,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Cornerstone
Nearby
About the area
Census · N0G- 86,935
- Population
- 41
- Median age
- $83,000
- Median income
- $492,000
- Median home value
- 78%
- Home ownership
- 26 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 130 NORTH WATER Street?
130 NORTH WATER Street is listed for $565,000, in Cornerstone.
How many bedrooms and bathrooms does 130 NORTH WATER Street have?
It offers 4 bedrooms and 2 bathrooms.
What type of home is 130 NORTH WATER Street?
130 NORTH WATER Street is a Single Family, House set over 1 storey, built in 1957.
How large is 130 NORTH WATER Street?
The home offers approximately 2,045 sq ft of living space on a lot measuring 0.168.
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 $2,642. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $2,693 per year.
Is there parking?
Yes — 130 NORTH WATER Street includes 4 parking spaces.
What is the Cornerstone area like?
Cornerstone has a population of about 86,935, a median age of 41, a 78% home-ownership rate, with an average commute of about 26 minutes.
What is the average home value in Cornerstone?
The median dwelling value in this area is approximately $492,000, based on census data via Neighbourly.
What is the median household income in Cornerstone?
The median household income in this area is approximately $83,000.
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