57 King Street, North Dundas

$529,900
57 King Street

$529,900

New
30d
Detached3-Storey

57 King Street, North Dundas

Total Monthly Obligation $2,754

Beds
3
Baths
2
Park
6
Sqft
1500-2000
DOM
30d
Score
57
Yield
8.7%
Cash on Cash
14.0%
Cap Rate
7.6%
5Y IRR
26.9%
10Y IRR
24.2%
Property Type-Detached
MLS® Number-X13820368
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-91 × 115.5 ft
Listed on site-Sep 23, 2026
Style-3-Storey
Building Type-Detached
Age-51-99
Taxes-$2,896 (2026)
Parking-6 - None
Basement-Full
Heating-Radiant (Gas)
Brokerage-ENGEL & VOLKERS OTTAWA
Cooling-Window Unit(s)
Laundry-No
Fireplace-Electric
Pool-None
Facing-East
Exterior-Brick
Roof-Metal, Asphalt Shingle, Asphalt Rolled
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-705 - Chesterville
Title-Residential Freehold

No agent assigned

If you have been looking for more space, more character and better value without moving hours from Ottawa, 57 King Street deserves a closer look. Set in the village of Chesterville, this 1930s brick home offers three bedrooms, one full bathroom, a main-floor powder room and generous living spaces with many of the larger projects already completed.The kitchen was updated with a farmhouse sink and gas stove, while the living room features an electric fireplace with built-in shelving. Refinished floors, wainscot details and substantial trim work add warmth and personality throughout. Second-floor laundry keeps daily life practical, and the third-floor bonus space offers a welcome surprise-ideal for a home office, creative studio, hobby room or dedicated homework area.Outside, the fully fenced 91 x 115.5-ft lot includes rebuilt covered front and rear porches, a lower deck and a large detached multi-level storage building. Additional improvements include updated bathrooms, exterior doors, roofing work and attic insulation.With municipal water and sewer, four-car driveway parking and Ottawa within commuting distance, this is a comfortable village home with space to live, work and grow. And if you think walkability isn't possible, you would be mistaken. Grocery and shops are all within a 5 minute walk! This property offers space, convenience, updates, and incredible value.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$423,920
Land Transfer Taxes$7,073
Legal Fees (Est.)
$
Total cash required for closing$114,553

Total Monthly Obligation

$2,754/mo
Mortgage $2,137
Monthly Loss $2,191
Principal$562
Interest$1,575
Property Tax$241
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.4%55
Cash-on-Cash
7.3%34
5-Year IRR
21.6%95
10-Year IRR
20.1%
Returns Index
62.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeB
57/ 100
Fair•Hold / Negotiate

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$45,960/yr
NOI
$33,968/yr
Net Cash Flow
$693/mo
Cash Margin
18.1%65
Cash Flow Index
65.0/ 100
Risk Profile
Weight: 20%
DSCR
1.3257
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
44.5/ 100

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

Comparables

Properties near 57 King Street

Time

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Data last updated within the past 24 hours.