Residentiae.
For Sale · PEIA

247,249,251 Queen Street

PEIA · C1A2R5

$683,000

Bedrooms
Bathrooms
Parking

About this residence

This city-center fourplex on Queen Street is a proven performer, offering stable rental income in a highly sought-after downtown location. The building is strategic position provides tenants with walkable access to a diverse range of downtown offices, retail shops, schools, and major transit routes, ensuring consistent tenant demand and low vacancy rates. Ample backyard parking alleviates the city's parking challenges. This is an excellent investment property, easily rentable and currently generating very stable rental income. Don't miss this excellent investment opportunity! The property is to be sold as is where is. (id:61366)

Property details

Property type
Multi-family
Style
Fourplex
Ownership
Freehold
Lot size
0.12
Annual tax
$6,321
MLS®
202520491
Board
PEIA
Status
Active
Listed
Aug 13, 2025
Updated
Dec 29, 2025

Features & finishes

Appliances

  • Refrigerator
  • Dishwasher
  • Stove
  • Microwave
  • Oven - Electric

Flooring

  • Hardwood
  • Vinyl
  • Other

Heating

  • Baseboard heaters
  • Hot Water
  • Oil

Basement

  • Full
  • Unfinished

Parking

  • Gravel
  • Parking Space(s)

Sewer & Utilities

  • Municipal sewage system

Financing

Mortgage calculator

Estimated monthly payment

$3,194/mo

Amortization

Loan amount

$546,400

Down payment

$136,600

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

PEIA

About the area

Census · C1A
25,861
Population
40
Median age
$60,400
Median income
$348,000
Median home value
40%
Home ownership
15 min
Avg. commute

Age distribution

0–14
12%
15–24
17%
25–44
26%
45–64
23%
65+
22%

Tenure

40% owners60% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 247,249,251 Queen Street?

247,249,251 Queen Street is listed for $683,000, in PEIA.

What type of home is 247,249,251 Queen Street?

247,249,251 Queen Street is a Multi-family, Fourplex.

How large is 247,249,251 Queen Street?

The home offers a lot measuring 0.12.

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 $3,194. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $6,321 per year.

What is the PEIA area like?

PEIA has a population of about 25,861, a median age of 40, a 40% home-ownership rate, with an average commute of about 15 minutes.

What is the average home value in PEIA?

The median dwelling value in this area is approximately $348,000, based on census data via Neighbourly.

What is the median household income in PEIA?

The median household income in this area is approximately $60,400.

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