15,16,19 20, 24 Gemstone Place
NSAR · B6L0A5
$3,600,000
About this residence
Discover this exceptional 16-unit rental property, thoughtfully designed across five modern triplexes plus a detached home, with all units occupied. These 5 Tri- plexes offer energy-efficient ICF construction, and are as durable as they are cost-effective, offering long-term value for both investors and tenants. Each unit features: An open concept main living area boasting a gorgeous kitchen, dining area and large living room, 2 spacious bedrooms & 1 full bath. In-floor heating for year-round comfort. In-suite laundry for added convenience. Front and rear concrete patios, perfect for outdoor enjoyment. With contemporary layouts and quality finishes, these rentals attract reliable tenants seeking comfort, efficiency, and style. Low-maintenance construction paired with high tenant appeal makes this a smart addition to any portfolio. Whether youre looking to expand your investment holdings or step into multi-unit ownership, this development delivers strong income potential with minimal upkeep. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Apartment
- Ownership
- Freehold
- Lot size
- 1.89
- Year built
- 2013
- MLS®
- 202523332
- Board
- NSAR
- Status
- Inactive
- Listed
- Sep 15, 2025
- Updated
- Dec 18, 2025
Features & finishes
Appliances
- Washer
- Refrigerator
- Dishwasher
- Dryer
- Stove
- Microwave Range Hood Combo
Flooring
- Laminate
- Ceramic Tile
Exterior
- Vinyl
Foundation
- Concrete Slab
Parking
- Parking Space(s)
- Paved Yard
Lot
- Wheelchair access
Sewer & Utilities
- Municipal sewage system
Financing
Estimated monthly payment
$16,836/mo
Loan amount
$2,880,000
Down payment
$720,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
NSAR
Nearby
About the area
Census · B6L- 12,989
- Population
- 46
- Median age
- $81,000
- Median income
- $220,000
- Median home value
- 84%
- Home ownership
- 23 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 15,16,19 20, 24 Gemstone Place?
15,16,19 20, 24 Gemstone Place is listed for $3,600,000, in NSAR.
What type of home is 15,16,19 20, 24 Gemstone Place?
15,16,19 20, 24 Gemstone Place is a Multi-family, Apartment, built in 2013.
How large is 15,16,19 20, 24 Gemstone Place?
The home offers a lot measuring 1.89.
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 $16,836. Use the mortgage calculator above to model your own scenario.
What is the NSAR area like?
NSAR has a population of about 12,989, a median age of 46, a 84% home-ownership rate, with an average commute of about 23 minutes.
What is the average home value in NSAR?
The median dwelling value in this area is approximately $220,000, based on census data via Neighbourly.
What is the median household income in NSAR?
The median household income in this area is approximately $81,000.
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