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127 Green Street

127 Green Street

Deseronto, ON

5 bed • 3 bath • approx. 2000-2500 sqft • Detached • 80 days on market

$489,000Price reduced 2%

At $499,000, this home is a rare income opportunity in the heart of Deseronto. This tenant-ready century home is priced to deliver immediate returns and long-term upside. With two separate self-contained units, this property offers the flexibility investors and owner-occupants are searching for: live in one unit and let the other help pay your mortgage, or lease both for a strong, dependable cash flow. The upper unit (3 bed/1 bath) is already tenanted at $973/month all-inclusive, generating income from day one, while the vacant main-floor unit (2 bed/1 bath) gives you the freedom to move in, choose your own tenant, or capture additional market rent. Both units are bright and spacious, with their own private entrances, full eat-in kitchens, in-unit laundry, and comfortable living areas, making them genuinely easy to rent and easy to hold. The value extends well beyond the units themselves: a full unfinished basement offers abundant storage along with a sauna and a bathroom rough-in, presenting clear potential to add even more usable space and equity down the road. Outside, you'll find a detached single-car garage, two separate driveways with parking to suit both households, and a generous, mature-treed backyard with a new covered deck being completed by the seller. Set in a well-established neighbourhood close to local amenities and the waterfront, this is the kind of property that rarely comes to market at this price: solid, income-producing, and full of upside. Whether you're growing your portfolio or buying your first home with built-in income, 127 Green Street is an opportunity worth moving on. Units are not separately metered; 24 hours' notice required for showings.

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Listing Details

Taxes (2026)
$4,471
Originally Listed
$499,000
Listed
June 8, 2026

Price History

Property

Style
2-Storey
Age
100+
Construction
Brick
Roof
Asphalt Shingle
Foundation
Stone
Interior
Primary Bedroom - Main Floor
Lot Size
66 x 132 Feet

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Gundas Street and Green Street.
Zoning
R1
Parcel Number
405840111
Possession
Other

Commercial

Occupancy
Tenant

Included

Inclusions
Fridge- Stove- Dishwasher- Washer- Dryer (main level unit)
Exclusions
Upper unit tenant belongings (including the fridge, stove, washer and dryer )
Rental Items
Hot water heater

Schools

Elementary

  • Deseronto Public School0.6 km

    Public · Hastings & Prince Edward DSB · 165 students

    Grade 3 reading: 92% met the provincial standard · Grade 6 math: 60% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area K0K

Population
115,850
Private dwellings
53,153
Median age
50.8
Average household size
2.4
Median household income
$83,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Deseronto · last 12 months

Median sold price
$362,450
Homes sold
30
Median days on market
36
Sale-to-list price
94.4%

Based on 30 recorded sales of residential freehold properties in Deseronto over the last 12 months.

Rooms

4-piece on Main, 3-piece on Second, 1-piece on Basement

Second

  • Bathroom7'5" x 5'6"
  • Bedroom 211'11" x 11'7"
  • Bedroom 312'4" x 9'7"
  • Dining Room8' x 8'11"
  • Kitchen12'10" x 10'9"
  • Living Room13' x 14'9"
  • Primary Bedroom14'8" x 12'4"

Main

  • Bathroom12' x 5'1"
  • Bedroom 216'4" x 12'4"
  • Kitchen12' x 13'9"
  • Living Room16'4" x 15'4"
  • Primary Bedroom13'6" x 12'4"

Listed by

Exp Realty

Location

Mortgage Calculator

$97,800

Estimated Monthly Payment

$2,402

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $2,402/mo (20% down, 5.5%)

Taxes: $373/mo · Insurance: $122/mo

Estimates only. Consult a financial advisor.

R

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