12 Albert Street, Norfolk

$899,900
12 Albert Street

$899,900

New
86d
DetachedBungalow

12 Albert Street, Norfolk

Total Monthly Obligation $4,486

Beds
5
Baths
3
Park
4
Sqft
2500-3000
DOM
86d
Score
19
Yield
4.9%
Cash on Cash
-2.9%
Cap Rate
4.0%
5Y IRR
13.2%
10Y IRR
12.8%
Property Type-Detached
MLS® Number-X13616728
Beds-5
Bathrooms-3
Size-2500-3000 sqft
Lot Size-82.5 × 194 ft
Listed on site-Jul 29, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,767.63 (2025)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Board & Batten , Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-FLEX
Neighbourhood-Langton
Title-Residential Freehold

No agent assigned

Tucked away in the quiet town of Langton, 12 Albert Street is the kind of home country songs are written about. Featuring two spacious bedrooms and two bathrooms-including a luxurious ensuite-this home combines high-end finishes with the comfort and practicality of everyday living. The beautifully manicured lawn and garden, lined with concrete walkways, lead you to a covered front porch-perfect for sipping your morning coffee while watching the sunrise, or unwinding in the evening. Step inside to a welcoming large foyer, where grey vinyl plank flooring flows seamlessly throughout the home, creating a sense of unity and warmth. The open-concept layout connects the dining area and kitchen, making it ideal for entertaining or family gatherings. The kitchen is a showstopper, with two large walk-in pantries, ample cabinetry above and below, and white and grey marbled quartz countertops that complement the matte black finishes and brand-new Samsung stainless steel appliances. Just off the kitchen, the great room boasts a tray ceiling with built-in LED lighting, creating a cozy and stylish ambiance. The primary bedroom is your own private retreat, featuring a spa-inspired ensuite with sleek subway tile. Both bedrooms offer generous walk-in closets, while the mudroom provides a double-wide closet and built-in cubbies for all your storage needs. Set on a generous lot with thoughtful design throughout, 12 Albert Street is more than just a house-it's the place where your next chapter begins.

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

Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,486/mo
Mortgage $3,630
Monthly Loss $3,530
Principal$955
Interest$2,675
Property Tax$481
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.3%1
5-Year IRR
9.9%35
10-Year IRR
10.5%
Returns Index
18.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$44,184/yr
NOI
$29,498/yr
Net Cash Flow
-$1,172/mo
Cash Margin
-31.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
20.3/ 100

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

Comparables

Properties near 12 Albert Street

Time

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Data last updated within the past 24 hours.