34 Steel Street, Beacon Hill North - South and Area

$615,000
34 Steel Street

$615,000

New
38d
Att/Row/Townhouse2-Storey

34 Steel Street, Beacon Hill North - South and Area

Total Monthly Obligation $3,283

Beds
3
Baths
3
Park
1
Sqft
1100-1500
DOM
38d
Score
20
Yield
5.4%
Cash on Cash
-1.9%
Cap Rate
4.2%
5Y IRR
14.0%
10Y IRR
13.4%
Property Type-Att/Row/Townhouse
MLS® Number-X13788754
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-19.78 × 97.47 ft
Listed on site-Sep 15, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-16-30
Taxes-$5,127 (2026)
Parking-2 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-2107 - Beacon Hill South
Title-Residential Freehold

No agent assigned

Move-in ready, 3 bed, 2.5 bath home built in 2002 offering 1,460 sq. ft. of bright above-grade living space, plus a fully finished lower level. The main level features large windows that fill the open layout with natural light, leading into an updated kitchen equipped with beautiful quartz countertops. Updated window treatments with two-way blinds and sunshades in some of the largest windows. Three well-proportioned bedrooms upstairs, plus a full principal bath and a generous primary retreat with extensive closet space and direct access to the updated ensuite bath. The finished lower level with a gas fireplace adds flexible extra living space-ideal for a family room, home gym, or dedicated work-from-home office. Laundry room has new washer and dryer set. Step out back to your private, fully fenced outdoor retreat featuring a spacious deck with mature foliage behind, perfect for weekend BBQs or unwinding after work. Located in an established, family-friendly neighbourhood surrounded by a mature tree canopy, you are just minutes from Elmridge Park, the Splash Wave Pool, top schools, Gloucester Centre, and the Blair O-Train Station and bussing hub for an effortless commute downtown. Annual association fees of $445 annually for maintenance of the common road/utilities.

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

Closing Costs

Mortgage Amount
$492,000
Land Transfer Taxes$8,775
Legal Fees (Est.)
$
Total cash required for closing$133,275

Total Monthly Obligation

$3,283/mo
Mortgage $2,481
Monthly Loss $2,630
Principal$653
Interest$1,828
Property Tax$427
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.2%1
5-Year IRR
10.0%36
10-Year IRR
10.7%
Returns Index
18.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$33,264/yr
NOI
$20,311/yr
Net Cash Flow
-$788/mo
Cash Margin
-28.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
25.4/ 100

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

Comparables

Properties near 34 Steel Street

Time

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