48 Maple Avenue 206, Asphodel-Norwood

$348,888
48 Maple Avenue 206

$348,888

New
30d
Condo ApartmentApartment

48 Maple Avenue 206, Asphodel-Norwood

Total Monthly Obligation $2,104

Beds
2
Baths
2
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-X13820028
Beds-2
Bathrooms-2
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

Not your typical condo - this two-level Orchid Model, offers a layout that truly feels like a home. The main floor is designed for living and entertaining, with an open living/dining space, a modern kitchen, and a convenient powder room. Upstairs is your private retreat, featuring two bedrooms, a full bathroom, and in-suite laundry right where you need it. Elevated from the ground level and never lived in, this unit offers both privacy and comfort, along with brand new appliances and low condo fees. Set in Norwood, enjoy a relaxed pace of life with easy access to everyday amenities and nearby Peterborough.

$
$
%
%
$
$
$
(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 206

Time

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