128 Gale Street, Canaan, VT, 05903 | $410,000

This beautifully updated property offers incredible flexibility, whether you're seeking rental income, multi-generational living, or the option to convert it into a spacious single-family home. The main residence has been thoughtfully renovated and features a bright living room with a cozy fireplace, a refined dining area, and a stunning kitchen complete with a large quartz island perfect for entertaining. The primary suite provides a relaxing retreat with its own private balcony, walk-in closet, and spa-inspired bathroom. Two additional bedrooms offer plenty of space for family or guests. The finished lower level expands the living area with a generous recreation room and custom wet bar—ideal for hosting gatherings or unwinding. There is a spacious entry off of the garage, great for a mudroom, art studio, guest quarters and so much more with plumbing already in place. The second unit features a comfortable open-concept layout, a spacious bedroom, walk-in closet, a full bathroom with in-unit laundry, and a private balcony—making it an excellent rental or guest space. Outside, you'll find a two-car garage, a fenced dog run, a welcoming wrap-around covered porch, and ample paved parking. Conveniently located near local schools, parks, dining, and shopping, direct access to snowmobile and ATV trails, this property combines modern comfort with classic Vermont charm. Whether you're looking to generate income or enjoy flexible living arrangements, this unique property offers endless potential in a prime location. Don’t miss your chance to own a standout home in Canaan!

Features

  • Rooms: 7
  • Bedrooms: 4
  • Baths: 1 full / 3 three-quarter
  • Style: Freestanding,Multi-Level
  • Year Built: 1892
  • Garage: 2-car Garage
  • Heating: Pellet Stove,Alternative Heat Stove,Baseboard,Hot Water
  • Cooling: None
  • Basement: Concrete,Finished
  • Approx Sq. Feet: 3,520
  • Acreage: 0.7
  • Est. Taxes: $4,573
  • Lot Desc: Curbing,Level,Major Road Frontage,Neighbor Business,Open,Secluded,Street Lights,Trail/Near Trail,In Town,Near Shopping,Near Snowmobile Trails,Near ATV Trail,Near School(s)
  • Elem. School: Canaan School
  • School District: Canaan School District
  • MLS#: 5082858
  • Website: https://www.raveis.com
    /prop/5082858/128galestreet_canaan_vt?source=qrflyer
©2026 New England Real Estate Network, Inc. All rights reserved.This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of PrimMLS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/1/2026
Listing courtesy of RE/MAX Northern Edge Realty/Colebrook   Phone: 603-237-5850
Listing Agent: Jennifer Rancourt

William Raveis Family of Services

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Joel FanjoyRegional SVP Insurance Sales, William Raveis Insurance

617.320.5687

Joel.Fanjoy@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

128 Gale Street, Canaan, VT, 05903

$410,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $328,000 $328,000 $328,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.875% 6.375% 5.490%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.313% 6.500% 5.710%
Monthly Tax Payment $381 $381 $381
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,940 $2,046 $2,678
Total Monthly Payment $2,396 $2,502 $3,134

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.