
127 Green Street
Deseronto, ON
5 bed • 3 bath • approx. 2000-2500 sqft • Detached • 80 days on market
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.
Virtual Tour
Virtual Tour Available
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.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?