3427 Coronation Avenue, Severn

$315,000
3427 Coronation Avenue

$315,000

New
25d
DetachedBungalow

3427 Coronation Avenue, Severn

Total Monthly Obligation $1,805

Beds
2
Baths
1
Park
2
Sqft
< 700
DOM
25d
Score
61
Yield
9.6%
Cash on Cash
17.0%
Cap Rate
8.2%
5Y IRR
29.5%
10Y IRR
26.5%
Property Type-Detached
MLS® Number-S13833656
Beds-2
Bathrooms-1
Size-< 700 sqft
Lot Size-50 × 132 ft
Listed on site-Sep 28, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$1,918.24 (2026)
Parking-2 - None
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-Century 21 B.J. Roth Realty Ltd.
Cooling-Window Unit(s)
Laundry-No
Fireplace-Electric
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-West Shore
Title-Residential Freehold

No agent assigned

What a wonderful opportunity for first time home buyers or investors. This two-bedroom, one-bath bungalow with a large fenced yard is within walking distance to the public school, waterfront park, and has easy access to HWY 11. While it does need some updating, it's a fantastic opportunity to add your own personal touch and build equity. It is definitely worth a look! Bring your vision and creativity to transform this property into something truly special. Don't miss your chance to unlock the value this home has to offer.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$252,000
Land Transfer Taxes$3,200
Legal Fees (Est.)
$
Total cash required for closing$67,700

Total Monthly Obligation

$1,805/mo
Mortgage $1,271
Monthly Loss $1,471
Principal$334
Interest$936
Property Tax$160
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.6%58
Cash-on-Cash
8.3%39
5-Year IRR
22.5%96
10-Year IRR
20.9%
Returns Index
65.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeB
61/ 100
Fair•Hold / Negotiate

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

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,300/yr
NOI
$20,852/yr
Net Cash Flow
$467/mo
Cash Margin
18.5%67
Cash Flow Index
66.8/ 100
Risk Profile
Weight: 20%
DSCR
1.3762
LTV Ratio
80.0%18
Vacancy Buffer
5.2 mo85
Risk Index
55.0/ 100

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

Comparables

Properties near 3427 Coronation Avenue

Time

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Data last updated within the past 24 hours.