4240 Armitage Avenue, Constance Bay - Dunrobin - Kilmaurs - Woodlawn

$899,000
4240 Armitage Avenue

$899,000

New
67d
DetachedBungalow

4240 Armitage Avenue, Constance Bay - Dunrobin - Kilmaurs - Woodlawn

Total Monthly Obligation $4,567

Beds
3
Baths
3
Park
4
Sqft
1500-2000
DOM
67d
Score
16
Yield
4.0%
Cash on Cash
-7.5%
Cap Rate
3.0%
5Y IRR
9.6%
10Y IRR
10.0%
Property Type-Detached
MLS® Number-X13684208
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-70 × 160 ft
Listed on site-Aug 17, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$6,789.41 (2026)
Parking-4 - None
Basement-None
Heating-Forced Air (Wood)
Brokerage-BENNETT PROPERTY SHOP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-None
Facing-South
Exterior-Wood , Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-Flexible 30 days
Neighbourhood-9304 - Dunrobin Shores
Title-Residential Freehold

No agent assigned

Life's better at the Beach! HIGH & DRY and situated on a quiet street framed by mature trees, this pristine, elevated bungalow offers breathtaking views and effortless main-floor living. Thoughtfully positioned high above the shoreline, this home has never flooded, giving you complete peace of mind alongside spectacular waterfront living. Inside, gleaming hardwood floors flow through an inviting, well-designed layout. Host memorable dinners in the formal dining room, unwind in the private den, or gather in the cozy family room anchored by a classic wood-burning fireplace. The primary bedroom serves as a true retreat, featuring an updated, luxurious ensuite. Maintained with exceptional care by a non-smoker with no pets, every corner of this home feels fresh and turnkey. Step outside to an entertainer's paradise. The huge back deck with glass panels for uninterrupted views provides the ultimate backdrop for hosting gatherings, while your expansive PRIVATE BEACH features a cozy fire pit perfect for evenings under the stars. Beautiful, mature trees offer privacy, and a built-in irrigation system keeps the front lawn lush effortlessly. Modern comfort and efficiency are built into every detail, featuring an updated roof, windows, high-efficiency furnace, and an efficient heat pump for year-round climate control. Bell Fibre High Speed internet makes working from home a breeze! Lots of parking on the interlock driveway. Septic system pumped in 2026. Offering a flexible closing date to suit your schedule, this rare coastal GEM is ready for you to move in and start making memories. Schedule your private viewing today! 24 hours irrevocable on all offers.

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

Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,567/mo
Mortgage $3,626
Monthly Loss $3,613
Principal$954
Interest$2,672
Property Tax$566
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.6%0
5-Year IRR
6.5%16
10-Year IRR
7.9%
Returns Index
9.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$36,000/yr
NOI
$21,111/yr
Net Cash Flow
-$1,867/mo
Cash Margin
-62.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.494
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
18.6/ 100

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

Comparables

Properties near 4240 Armitage Avenue

Time

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