641 LIMERIDGE ROAD EAST
Cornerstone · L8W1A2
$799,900
About this residence
Discover a rare investment opportunity in a prime Hamilton Mountain location—complete with drawings for three future triplexes. This property combines immediate rental income with exceptional development potential, offering the best of both worlds for savvy investors or visionaries ready to build. The existing 4-bedroom home has been thoughtfully updated, blending functionality with inviting, contemporary charm. The bright, open layout includes a spacious living area, a well-equipped kitchen with generous cabinetry, and a finished loft perfect for a home office, studio, or creative retreat. With three-car parking plus a garage, there’s no shortage of space for family or tenants alike. The lower level provides additional flex space—ideal for a potential second unit. Conveniently located just minutes from the LINC, public transit, schools, shopping, and major amenities, this property is perfectly positioned for both comfort and connectivity. Currently rented for $2,616.25 per month, it delivers strong, steady cash flow while offering the exciting prospect of a multi-residential future. Whether you choose to hold, enhance, or build, this is an address where opportunity meets potential. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Duplex
- Ownership
- Freehold
- Bedrooms
- 4
- Bathrooms
- 0
- Storeys
- 2
- Living area
- 1,462 sq ft
- Frontage
- 80 feet
- Parking
- 4 spaces
- Annual tax
- $4,556
- MLS®
- 40782114
- Board
- Cornerstone
- Status
- Inactive
- Listed
- Oct 27, 2025
- Updated
- Nov 20, 2025
Features & finishes
Heating
- Forced air
- Natural gas
Cooling
- Central air conditioning
Basement
- Full
- Finished
Exterior
- Vinyl siding
Parking
- Attached Garage
Sewer & Utilities
- Municipal sewage system
Financing
Estimated monthly payment
$3,741/mo
Loan amount
$639,920
Down payment
$159,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Cornerstone
Nearby
About the area
Census · L8W- 26,077
- Population
- 39
- Median age
- $101,000
- Median income
- $700,000
- Median home value
- 76%
- 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 641 LIMERIDGE ROAD EAST?
641 LIMERIDGE ROAD EAST is listed for $799,900, in Cornerstone.
How many bedrooms and bathrooms does 641 LIMERIDGE ROAD EAST have?
It offers 4 bedrooms and 0 bathrooms.
What type of home is 641 LIMERIDGE ROAD EAST?
641 LIMERIDGE ROAD EAST is a Multi-family, Duplex set over 2 storeys.
How large is 641 LIMERIDGE ROAD EAST?
The home offers approximately 1,462 sq ft of living space.
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 $3,741. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $4,556 per year.
Is there parking?
Yes — 641 LIMERIDGE ROAD EAST includes 4 parking spaces.
What is the Cornerstone area like?
Cornerstone has a population of about 26,077, a median age of 39, a 76% 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 $700,000, based on census data via Neighbourly.
What is the median household income in Cornerstone?
The median household income in this area is approximately $101,000.
Similar residences
Comparable Duplex near Cornerstone at a similar price.
Private viewings
Arrange a private viewing of 641 LIMERIDGE ROAD EAST.
Our advisors offer discreet, personal guidance from first viewing through to closing. We’d be delighted to assist.