1838 Louisiana Avenue, Alta Vista and Area

$724,900
1838 Louisiana Avenue

$724,900

Price Change
94d
DetachedBungalow

1838 Louisiana Avenue, Alta Vista and Area

Total Monthly Obligation $3,727

Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
94d
Score
23
Yield
6.0%
Cash on Cash
1.7%
Cap Rate
4.9%
5Y IRR
16.9%
10Y IRR
15.7%
Property Type-Detached
MLS® Number-X13593152
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-55 × 92 ft
Listed on site-Jul 21, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$5,139 (2026)
Parking-5 - Detached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-SOLID ROCK REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-3609 - Guildwood Estates - Urbandale Acres
Title-Residential Freehold

No agent assigned

*OPEN HOUSE: SUNDAY OCTOBER 18 2PM-4PM*Discover the perfect blend of timeless charm and exceptional versatility in this beautifully maintained 3+1 bedroom, 2 full bathroom bungalow, ideally situated in one of the city's most sought-after central neighbourhoods. Just steps from a sprawling park and highly regarded public school, this prime location offers an outstanding lifestyle for families and professionals alike. Designed for both comfort and functionality, the thoughtfully appointed floor plan features bright, inviting living spaces and a finished lower level with a fourth bedroom and full bath, presenting excellent potential for an in-law suite or multigenerational living. Step into your own private backyard retreat, where a tranquil sunroom overlooks lush perennial gardens and mature landscaping. Whether entertaining, unwinding with a morning coffee, or indulging your passion for gardening, this picturesque outdoor oasis offers beauty and serenity throughout the seasons. A rare opportunity to own a home that combines an unbeatable location, flexible living space, and exceptional outdoor appeal-all within close proximity to parks, schools, shopping, transit, and everyday amenities.

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

Closing Costs

Mortgage Amount
$579,920
Land Transfer Taxes$10,973
Legal Fees (Est.)
$
Total cash required for closing$157,453

Total Monthly Obligation

$3,727/mo
Mortgage $2,924
Monthly Loss $2,958
Principal$769
Interest$2,155
Property Tax$428
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.4%3
5-Year IRR
13.0%57
10-Year IRR
12.9%
Returns Index
29.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$43,800/yr
NOI
$29,781/yr
Net Cash Flow
-$442/mo
Cash Margin
-12.1%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8517
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo41
Risk Index
25.4/ 100

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

Comparables

Properties near 1838 Louisiana Avenue

Time

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