83 College Street, Deseronto

$380,000
83 College Street

$380,000

New
44d
Detached2-Storey

83 College Street, Deseronto

Total Monthly Obligation $2,127

Beds
2
Baths
2
Park
2
Sqft
1100-1500
DOM
44d
Score
38
Yield
8.2%
Cash on Cash
10.7%
Cap Rate
6.9%
5Y IRR
24.2%
10Y IRR
21.8%
Property Type-Detached
MLS® Number-X13759764
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-132 × 66 ft
Listed on site-Sep 9, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$2,628 (2025)
Parking-4 - Detached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-Royal Lepage Proalliance Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-Deseronto (Town)
Title-Residential Freehold

No agent assigned

Stop paying rent and start building real equity! This charming two - storey home offers two bedrooms, two bathrooms, and sits on a generous oversized corner lot giving you space, privacy, and curb appeal all in one. Inside, you'll find a thoughtfully updated eat-in kitchen perfect for family meals, a convenient main floor four-piece bathroom, and the added bonus of main floor laundry. The spacious living room has been extended and could easily be converted back into a main floor primary bedroom, offering flexible living arrangements to suit your lifestyle. Upstairs features two bedrooms, a two-piece bath, and a fun play area ideal for growing families. Step outside to the covered side porch, a perfect spot for morning coffee or summer barbecues, overlooking a partially fenced yard complete with stamped concrete patio, a firepit, and a gazebo - everything you need for outdoor entertaining. The detached garage has been partially renovated to include a wet-bar and t.v area that is perfect for hosting in your personal man-cave. The garage offers a 100-amp service, making it a dream workshop or secure storage space. Major updates that have been completed in recent years include: updated gas furnace, central air conditioning, 200-amp electrical panel, and shingles replaced on the house in 2016 and the garage shingles as recently as 2024. All of this just a short walk from a local park and public boat launch - because Deseronto, the good life is right outside your door.

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

Closing Costs

Mortgage Amount
$304,000
Land Transfer Taxes$4,175
Legal Fees (Est.)
$
Total cash required for closing$81,675

Total Monthly Obligation

$2,127/mo
Mortgage $1,533
Monthly Loss $1,723
Principal$403
Interest$1,129
Property Tax$219
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.5%44
Cash-on-Cash
3.1%15
5-Year IRR
18.3%87
10-Year IRR
17.3%
Returns Index
49.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
38/ 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
$31,200/yr
NOI
$20,952/yr
Net Cash Flow
$213/mo
Cash Margin
8.2%20
Cash Flow Index
20.4/ 100
Risk Profile
Weight: 20%
DSCR
1.1439
LTV Ratio
80.0%18
Vacancy Buffer
4.4 mo76
Risk Index
44.4/ 100

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

Comparables

Properties near 83 College Street

Time

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