108 First NE Avenue, Greenstone, ON P0T 1M0
Geraldton, Greenstone · Near North on Main St. Turn right on First Ave NE · View map
About this home
New Listing. Unlock the potential for steady rental income and long-term growth with this well-maintained duplex in the thriving community of Geraldton. Perfectly suited for savvy investors or homeowners seeking to offset their mortgage, this property offers the ideal blend of financial return and comfortable living. This spacious two-storey property features two self-contained units. The upper unit offers 3 bedrooms and 1 full bathroom, while the lower unit features 3 bedrooms and 1.5 bathrooms. Each unit has its own private entrance, separate laundry facilities, and separate hydro meter, providing added convenience and independence for tenants. Fresh updates throughout both units make this property move-in ready while still offering plenty of potential to add value over time. Whether you’re looking to expand your investment portfolio or live in one unit while generating income from the other, this property offers flexibility and long-term appeal. With strong rental potential and endless possibilities, this duplex is an opportunity you won’t want to miss in the heart of Geraldton.
The home
- Type
- Investment
- Square footage
- 2440 sq ft
- Basement
- Crawl Space
- Lot size
- 32 x 120 ft
- Faces
- North
- Level
- 2
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Aluminum Siding
Heating & cooling
- Heating fuel
- Gas
- Fireplace
- No
Garage & parking
- Driveway spaces
- 4
- Total parking
- 4
Taxes & other
- Property taxes
- $8,814/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Cross street
- North on Main St. Turn right on First Ave NE
- Neighbourhood
- Geraldton
More
- MLS® number
- X13603602
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
108 First NE Avenue, Greenstone, ON P0T 1M0
Geraldton, Greenstone · Near North on Main St. Turn right on First Ave NE
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Listing history for 108 First NE Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 108 First NE Avenue
Answers come straight from this home’s MLS® listing.
How much is 108 First NE Avenue listed for, and what would it cost each month?
108 First NE Avenue is listed for $294,000. With 20% down ($58,800), the mortgage payment would be roughly $1,186 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,920 a month, all in. That figure is an illustration, not a quote.
Is 108 First NE Avenue freehold or a condo, and is there a monthly fee?
108 First NE Avenue is a investment in Geraldton, Greenstone. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 108 First NE Avenue have a garage and parking?
The listing does not show a garage. The driveway adds 4 spaces. In total the listing counts 4 parking spaces.
Does 108 First NE Avenue have a finished basement?
The listing describes the basement as crawl space.
What style of home is 108 First NE Avenue?
108 First NE Avenue is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 108 First NE Avenue, and what is the lot size?
The lot is listed as 32 x 120 ft.
How is 108 First NE Avenue heated and cooled?
Heating is (gas). The listing does not show air conditioning.
What are the property taxes for 108 First NE Avenue?
Property taxes are $8,814 a year (2026), or about $735 a month.
Where is 108 First NE Avenue?
108 First NE Avenue is in the Geraldton community of Greenstone. The nearest main intersection is North on Main St. Turn right on First Ave NE. The postal code is P0T 1M0.
Is 108 First NE Avenue still for sale?
Yes. It is an active listing (MLS® X13603602). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 108 First NE Avenue asking?
Similar properties for sale nearby right now include 108 First NE Avenue at $294,000, 1225-1229 W Main Street at $329,000 and 111 Moose Street at $375,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 108 First NE Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 108 First NE Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Geraldton, picked by style, size and price.
Duplex$294,000108 First NE Avenue, Greenstone0 bathCourtesy of: REMAX First Choice Realty Ltd.View home →
Commercial retail$329,0001225-1229 W Main Street, Greenstone2 bath · GeraldtonCourtesy of: REMAX First Choice Realty Ltd.View home →
Land$375,000111 Moose Street, GreenstoneCourtesy of: BOYAL REALTY GROUP LTD.View home →Courtesy of: REMAX First Choice Realty Ltd.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.