967 KATIA STREET is a 2-unit duplex in The Nation, ON, asking $500,000 — $250,000 per door.
At 2 units this finances as residential, not commercial — MLI Select starts at five units. The qualifying rate still applies: federally regulated lenders test a 1–4 unit rental at the greater of your contract rate plus two points or 5.25%.
Asking price
$500,000
Units
2 units
Property type
Duplex
Location
The Nation, ON
Price per door
$250,000
The underwrite — investment score, cap rate on the real rent roll, DSCR at the qualifying rate, cash to close, and the offer band this desk would actually bid — opens with a free account.
OverviewNumbersVerdictFinancingEvidenceScenarios
Verdict
Debt coverage
Cash to close
Market fit
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