73 Latimer Avenue, Essa

$875,000
73 Latimer Avenue

$875,000

Price Change
15d
Detached2-Storey

73 Latimer Avenue, Essa

Total Monthly Obligation $4,188

Beds
4
Baths
4
Park
4
Sqft
2000-2500
DOM
15d
Score
18
Yield
4.3%
Cash on Cash
-4.6%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Detached
MLS® Number-N13876800
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-71.16 × 116.66 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$3,403 (2026)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS EXPERIENCE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Angus
Title-Residential Freehold

No agent assigned

Conveniently located in Angus with access to parks, trails, schools, shopping and the Angus Recreation Centre, 73 Latimer Avenue puts everyday essentials and outdoor recreation close to home. Built in 2013, this immaculate, lovingly maintained four-bedroom detached two-storey with 3 bathrooms offers over 3,000 sq. ft. of total living space. A soaring 17-foot foyer welcomes you inside. The main floor features nine-foot ceilings, hardwood and ceramic tile flooring. The spacious eat-in kitchen offers abundant cabinetry, newer stainless steel appliances and a walkout to an expansive new rear deck with a private covered wooden gazebo. The versatile layout suits a variety of living styles: the dining room opens to the kitchen, overlooks the rear yard and features a gas fireplace, while the living room overlooks the front yard. Main-floor laundry includes a sink and inside access to the double garage. Upstairs, the generous primary bedroom features a walk-in closet and a four-piece ensuite with a corner soaker tub and separate shower. Three additional good-sized bedrooms share a three-piece bathroom, with semi-ensuite access from the second bedroom. The fully finished basement offers a large recreation room with a refreshment bar featuring a beverage fridge, microwave, sink and cabinetry, keeping movie-night snacks close at hand. A bonus room, currently a home office, offers flexibility for a gym or hobby space. A three-piece bathroom and storage complete the level. $$ spent on the fully fenced and landscaped backyard to extend your living space outdoors. Enjoy meals and lazy afternoons in the permanent wooden gazebo, complete with a ceiling fan and electrical outlets, or unwind in the included privacy-screened hot tub. A lawn sprinkler system and garden shed add convenience. Immaculate and move-in ready, 73 Latimer Avenue is waiting for you to make it home.

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$
%
%
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$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$700,000
Land Transfer Taxes$13,975
Legal Fees (Est.)
$
Total cash required for closing$190,475

Total Monthly Obligation

$4,188/mo
Mortgage $3,530
Monthly Loss $3,259
Principal$929
Interest$2,601
Property Tax$284
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.7%27
10-Year IRR
9.5%
Returns Index
14.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$37,488/yr
NOI
$25,836/yr
Net Cash Flow
-$1,376/mo
Cash Margin
-44.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
20.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 73 Latimer Avenue

Time

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