816 Namur Street, Russell

$629,999
816 Namur Street

$629,999

New
30d
Semi-Detached Bungalow

816 Namur Street, Russell

Total Monthly Obligation $3,237

Beds
2
Baths
3
Park
4
Sqft
1100-1500
DOM
30d
Score
18
Yield
4.4%
Cash on Cash
-5.2%
Cap Rate
3.5%
5Y IRR
11.4%
10Y IRR
11.3%
Property Type-Semi-Detached
MLS® Number-X13817824
Beds-2
Bathrooms-3
Size-1100-1500 sqft
Lot Size-32.81 × 112.83 ft
Listed on site-Sep 23, 2026
Style-Bungalow
Building Type-Semi-Detached
Taxes-$3,848 (2026)
Parking-5 - Attached
Basement-Finished, Partially Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Stone, Hardboard
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-59 days
Neighbourhood-602 - Embrun
Title-Residential Freehold

No agent assigned

Set on a fully fenced lot backing onto greenery with no rear neighbours, 816 Namur Street offers a level of privacy and a view that is difficult to find in a newer community. Built in 2024, this semi-detached bungalow features approximately 1,300 sq. ft. above grade, 2 bedrooms, 3 full bathrooms and plenty of additional living space on the lower level. The main floor has a bright, open layout with high ceilings, hardwood flooring throughout and large windows that fill the home with natural light. The kitchen features quartz countertops, high-end appliances, ample workspace and cabinetry extended to the ceiling for additional storage. The living and dining areas connect naturally to the kitchen, creating a comfortable space for everyday living and entertaining. The spacious primary bedroom includes a walk-in closet and private ensuite. A second bedroom, another full bathroom and convenient main-floor laundry complete the main level, making the home well suited for anyone looking for the ease of bungalow living. The lower level adds even more flexibility with a large rec room, a third full bathroom and a separate office or flex room with a large window that could be converted into an additional bedroom. The rec room also has a window, allowing more natural light into the space. The garage features high ceilings for additional storage, while the backyard includes a storage shed and plenty of room to relax, entertain or enjoy the peaceful surroundings. With no homes directly behind the property and a clear view of the greenery, the backyard is a private extension of the living space and one of the features that truly sets this home apart.

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

Closing Costs

Mortgage Amount
$503,999
Land Transfer Taxes$9,075
Legal Fees (Est.)
$
Total cash required for closing$136,575

Total Monthly Obligation

$3,237/mo
Mortgage $2,541
Monthly Loss $2,568
Principal$669
Interest$1,873
Property Tax$321
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.1%1
5-Year IRR
7.7%22
10-Year IRR
8.8%
Returns Index
12.1/ 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
$27,960/yr
NOI
$16,816/yr
Net Cash Flow
-$1,140/mo
Cash Margin
-48.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
24.5/ 100

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

Comparables

Properties near 816 Namur Street

Time

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