48 Maple Avenue 201, Asphodel-Norwood

$348,888
48 Maple Avenue 201

$348,888

New
30d
Condo ApartmentApartment

48 Maple Avenue 201, Asphodel-Norwood

Total Monthly Obligation $2,104

Beds
2
Baths
1
Park
1
Sqft
900-999
DOM
30d
Score
24
Yield
6.9%
Cash on Cash
1.0%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Condo Apartment
MLS® Number-X13820020
Beds-2
Bathrooms-1
Size-900-999 sqft
Listed on site-Sep 23, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,573.12 (2025)
Maintenance-$281.93/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-Bowes & Cocks Limited
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Immediate
Neighbourhood-Norwood
Title-Residential Condo & Other

No agent assigned

Step into easy, elevated living with this brand new second-level Buttercup Model condo in the township of Asphodel/Norwood. Offering 2 good sized bedrooms, and 1 full sized bathroom, this new build unit combines comfort with a bright, open atmosphere. Enjoy your own private entrance and take advantage of the elevated position with pleasant views and privacy. Complete with brand new appliances and low condo fees, this is a perfect low-maintenance option for you. Nestled in a welcoming small-town setting, Norwood offers convenient access to local shops, schools, parks and dining, all while being a short drive to Peterborough, Hastings and Havelock.

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

Closing Costs

Mortgage Amount
$279,110
Land Transfer Taxes$3,708
Legal Fees (Est.)
$
Total cash required for closing$74,986

Total Monthly Obligation

$2,104/mo
Mortgage $1,407
Monthly Loss $1,733
Principal$370
Interest$1,037
Property Tax$214
Condo Fees$282
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.9%2
5-Year IRR
12.0%50
10-Year IRR
12.3%
Returns Index
25.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$24,000/yr
NOI
$13,244/yr
Net Cash Flow
-$304/mo
Cash Margin
-15.2%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
4.5 mo77
Risk Index
36.4/ 100

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

Comparables

Properties near 48 Maple Avenue 201

Time

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