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554 James Street

Iroquois Falls / Iroquois Falls, ON P0K 1G0

NewActiveFor Sale
5 Beds
2 Baths
1,500 Sq Ft
Multi-Family

About This Property

Fully tenanted duplex offering an excellent opportunity for investors or those looking to offset their mortgage with rental income. This income-generating property features two self-contained units, including a spacious 2+1 bedroom, 1 bathroom main floor/basement unit with its own private entrance, and a 2 bedroom, 1 bathroom upper-level unit. Both units offer functional layouts with their own kitchens and living spaces. Outside, tenants enjoy an outdoor space, parking, and a convenient in-town location close to everyday amenities. Whether you're looking to add to your investment portfolio or start building wealth through real estate, this duplex offers strong income potential and immediate cash flow with tenants already in place.

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size1,500 sq ft
Bedrooms5
Bathrooms2
ListedJune 19, 2026
Postal CodeP0K 1G0

Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® T13467454

Listed by ZIEMINSKI REAL ESTATE INC

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$224,900

asking price

MLS®T13467454
TypeMulti-Family
CityIroquois Falls
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$1,098

/month · $179,920 mortgage

Down Payment20% — $44,980
Interest Rate5.5%

Amortization

Total Interest

$149,545

Total Cost

$329,465

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

ZIEMINSKI REAL ESTATE INC