42 SWAYZE Court, West Lincoln

$497,000
42 SWAYZE Court

$497,000

New
29d
Att/Row/Townhouse2-Storey

42 SWAYZE Court, West Lincoln

Total Monthly Obligation $2,642

Beds
4
Baths
3
Park
2
Sqft
1100-1500
DOM
29d
Score
30
Yield
7.2%
Cash on Cash
7.0%
Cap Rate
6.1%
5Y IRR
21.2%
10Y IRR
19.3%
Property Type-Att/Row/Townhouse
MLS® Number-X13823862
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-50 × 126 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$3,150 (2026)
Parking-3 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 MILLER DAVIES REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-057 - Smithville
Title-Residential Freehold

No agent assigned

Why rent when you can buy? Attractive freehold townhouse offering 3 bedrooms and 2.5 baths, plus a fully finished basement featuring 3 pc bath, laundry and storage. The spacious primary bedroom, two additional bedrooms ideal for family, guests or a home office. Open-concept main floor with living room, kitchen and dinette, with walkout to a private deck and large rear yard. Long driveway with garage provides plenty of parking. This home needs some TLC and is a great opportunity for buyers looking to add their own personal touches.

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

Closing Costs

Mortgage Amount
$397,600
Land Transfer Taxes$6,415
Legal Fees (Est.)
$
Total cash required for closing$107,315

Total Monthly Obligation

$2,642/mo
Mortgage $2,005
Monthly Loss $2,115
Principal$528
Interest$1,477
Property Tax$263
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.0%38
Cash-on-Cash
0.6%9
5-Year IRR
16.2%78
10-Year IRR
15.6%
Returns Index
42.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
30/ 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
$36,000/yr
NOI
$24,750/yr
Net Cash Flow
$58/mo
Cash Margin
1.9%7
Cash Flow Index
6.8/ 100
Risk Profile
Weight: 20%
DSCR
1.0329
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
36.3/ 100

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

Comparables

Properties near 42 SWAYZE Court

Time

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Data last updated within the past 24 hours.