248 Snyders Avenue, Central Elgin

$749,900
248 Snyders Avenue

$749,900

New
58d
Detached2-Storey

248 Snyders Avenue, Central Elgin

Total Monthly Obligation $3,906

Beds
4
Baths
4
Park
4
Sqft
1500-2000
DOM
58d
Score
18
Yield
4.8%
Cash on Cash
-4.4%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.9%
Property Type-Detached
MLS® Number-X13713956
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-51.29 × 120.21 ft
Listed on site-Aug 26, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$6,077 (2025)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-PLATINUM KEY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-Salt, Inground
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-FLEX
Neighbourhood-Belmont
Title-Residential Freehold

No agent assigned

This home combines modern design with everyday comfort. Step inside and be greeted by soaring ceilings, grand windows that create a bright, open feel throughout. The spacious eat-in kitchen offers room for a full dining table, features a convenient pantry, and flows seamlessly to the main living areas. With 3 bedrooms plus an additional bedroom in the finished basement, there's plenty of room for everyone. The main floor laundry provides easy access to the attached 2-car garage, complete with inside entry and a side door leading directly to the backyard.Out back, enjoy your own private retreat with a heated inground pool, cabana, outdoor kitchen.This home truly has it all - space, style, and a backyard oasis in a wonderful community.

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

Closing Costs

Mortgage Amount
$599,920
Land Transfer Taxes$11,473
Legal Fees (Est.)
$
Total cash required for closing$162,953

Total Monthly Obligation

$3,906/mo
Mortgage $3,025
Monthly Loss $3,110
Principal$796
Interest$2,229
Property Tax$506
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-9.0%1
5-Year IRR
8.6%26
10-Year IRR
9.5%
Returns Index
14.3/ 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
$35,940/yr
NOI
$21,769/yr
Net Cash Flow
-$1,211/mo
Cash Margin
-40.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo39
Risk Index
21.5/ 100

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

Comparables

Properties near 248 Snyders Avenue

Time

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Data last updated within the past 24 hours.