110 Leeson Street S, East Luther Grand Valley

$689,000
110 Leeson Street S

$689,000

New
32d
Detached2-Storey

110 Leeson Street S, East Luther Grand Valley

Total Monthly Obligation $3,485

HausQ Valuation Report
Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
32d
Score
19
Yield
4.8%
Cash on Cash
-3.5%
Cap Rate
3.8%
5Y IRR
12.8%
10Y IRR
12.4%
Property Type-Detached
MLS® Number-X13815500
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-70.18 × 116.98 ft
Listed on site-Sep 21, 2026
Style-2-Storey
Building Type-Detached
Taxes-$3,969 (2025)
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-The Agency
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Rural East Luther Grand Valley
Title-Residential Freehold

No agent assigned

Welcome to this beautiful 3-bedroom, 2-bath home located on a well-desired street in Grand Valley with no neighbours in front. The updated kitchen features a new modern backsplash and newer stainless steel appliances, including fridge, gas stove, built-in dishwasher, and microwave with exhaust fan.Extensive upgrades include roof shingles (2014), garage doors (2014), windows, front door and patio sliding doors (2014), main-floor laminate flooring (2021), second-floor laminate flooring (2022), upstairs bathroom (2016), carpet, paint, sump pump with backup battery, and an owned water softener (2016). The furnace was replaced in 2022, and the air conditioning unit (2011) was cleaned and serviced in 2023.Enjoy a spacious double-car garage with 200-amp service and parking for up to four vehicles. Walk out from the dining room to a concrete patio overlooking a large backyard with garden space and garden shed. The main bathroom features a relaxing Jacuzzi tub. The unfinished basement awaits your personal style and finishing touches.Ideally located within walking distance to schools, Main Street, shopping, banks, the Grand River, parks, and trails-this home offers comfort, updates, and a fantastic location.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$551,200
Land Transfer Taxes$10,255
Legal Fees (Est.)
$
Total cash required for closing$149,555

Total Monthly Obligation

$3,485/mo
Mortgage $2,779
Monthly Loss $2,754
Principal$731
Interest$2,048
Property Tax$331
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.1%30
10-Year IRR
9.9%
Returns Index
16.0/ 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
$32,880/yr
NOI
$21,123/yr
Net Cash Flow
-$1,019/mo
Cash Margin
-37.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo45
Risk Index
23.8/ 100

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

Comparables

Properties near 110 Leeson Street S

Time

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Data last updated within the past 24 hours.