Residentiae.
For Sale · Cornerstone

53 1/2-55 DUKE Street

Cornerstone · N3T3T8

$349,900

2Bedrooms
2Bathrooms
Parking
713Sq Ft
1Storeys

About this residence

ATTENTION INVESTORS AND FIRST-TIME BUYERS! Don’t miss this incredible opportunity to own two separate dwellings on one parcel – 55 Duke St. and 53.5 Duke St.! This rare find offers exceptional flexibility and strong income potential, ideal for those looking to grow their portfolio or offset their mortgage. With a combined projected rental income of $2200 per month, this is a true plug-and-play investment – you can select your own tenants! Each unit offers its own entrance and layout, creating independent spaces that are easy to manage and attract reliable renters. Conveniently located near downtown amenities, shopping, and transit, this property blends accessibility with great return potential. Opportunities like this don’t come often – secure your future in real estate today! Book your private showing and explore the possibilities. (id:61366)

Property details

Property type
Single Family
Style
House
Ownership
Freehold
Bedrooms
2 (1 above, 1 below)
Bathrooms
2
Storeys
1
Living area
713 sq ft
Frontage
31 feet
Year built
1940
Annual tax
$1,600
MLS®
40784067
Board
Cornerstone
Status
Active
Listed
Nov 20, 2025
Updated
Jan 2, 2026

Room dimensions

RoomLevelDimensions
3pc BathroomMain level
BedroomMain level15'8'' x 12'11''
Kitchen/Dining roomMain level8'2'' x 12'3''
Laundry roomBasement6'10'' x 9'8''
BedroomBasement13'1'' x 8'10''
3pc BathroomMain level
Dining roomMain level12'1'' x 10'5''
KitchenMain level11'9'' x 10'5''

Features & finishes

Appliances

  • Refrigerator

Heating

  • Baseboard heaters
  • Electric

Basement

  • Partial
  • Partially finished

Exterior

  • Aluminum siding
  • Vinyl siding

Foundation

  • Poured Concrete

Sewer & Utilities

  • Municipal sewage system

Architecture

  • Bungalow

Financing

Mortgage calculator

Estimated monthly payment

$1,636/mo

Amortization

Loan amount

$279,920

Down payment

$69,980

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

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Location & area

Cornerstone

About the area

Census · N3T
37,406
Population
39
Median age
$86,000
Median income
$675,000
Median home value
66%
Home ownership
27 min
Avg. commute

Age distribution

0–14
19%
15–24
13%
25–44
27%
45–64
25%
65+
17%

Tenure

66% owners34% 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 53 1/2-55 DUKE Street?

53 1/2-55 DUKE Street is listed for $349,900, in Cornerstone.

How many bedrooms and bathrooms does 53 1/2-55 DUKE Street have?

It offers 2 bedrooms and 2 bathrooms.

What type of home is 53 1/2-55 DUKE Street?

53 1/2-55 DUKE Street is a Single Family, House set over 1 storey, built in 1940.

How large is 53 1/2-55 DUKE Street?

The home offers approximately 713 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 $1,636. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $1,600 per year.

What is the Cornerstone area like?

Cornerstone has a population of about 37,406, a median age of 39, a 66% home-ownership rate, with an average commute of about 27 minutes.

What is the average home value in Cornerstone?

The median dwelling value in this area is approximately $675,000, based on census data via Neighbourly.

What is the median household income in Cornerstone?

The median household income in this area is approximately $86,000.

Private viewings

Arrange a private viewing of 53 1/2-55 DUKE Street.

Our advisors offer discreet, personal guidance from first viewing through to closing. We’d be delighted to assist.

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