37 Brookside Terrace 43, West Lincoln

$639,900
37 Brookside Terrace 43

$639,900

New
29d
Att/Row/TownhouseBungalow

37 Brookside Terrace 43, West Lincoln

Total Monthly Obligation $3,372

Beds
2
Baths
2
Park
1
Sqft
1100-1500
DOM
29d
Score
18
Yield
4.9%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Att/Row/Townhouse
MLS® Number-X13825914
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-33.99 × 108.27 ft
Listed on site-Sep 24, 2026
Style-Bungalow
Building Type-Att/Row/Townhouse
Age-6-15
Taxes-$4,993.19 (2026)
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-057 - Smithville
Title-Residential Freehold

No agent assigned

For buyers ready to trade the yard work for weekends free, this 2 bedroom, 2 bathroom end-unit bungalow townhome in Smithville offers true one-floor living. Tucked into its own quiet pocket of Smithville, this home is situated just a stone's throw away from a walking trail along Twenty Mile Creek. It is built for a slower pace and a lock-and-leave lifestyle, with a $130 monthly common element fee covering ground maintenance, lawn sprinkler system in the front and rear yard (including the water bill for the sprinklers), and snow removal, so extended time away is never a concern. Guest parking is readily available and located just across the street from the unit. Inside, the main floor is built to be lived in. A bright den/second bedroom sits off the foyer for hobbies, office space or guests, and the main-floor laundry room means never carrying a basket up or down stairs. The kitchen anchors the open-concept living space with a large island, granite counters, abundant cabinetry and stainless steel appliances, opening directly into the dining area and a living room with a walkout to a private deck, ideal for morning coffee or evening quiet. The primary bedroom is a retreat, with a walk-in closet, a second closet and a 4-piece ensuite. A second bedroom, currently set up as a home office at the front of the home, keeps guests or family comfortable on the same level, with a 3-piece main bathroom close by. The basement is full height and unfinished, presenting abundant storage space or flexibility to add living space with the layout you want. An egress window downstairs makes adding a bedroom for guests or extended family very easy. This is what retirement should look like: less upkeep, more time, and a home that is beautifully finished so you don't have to do anything other than move in. Note: some photos have been virtually staged.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$511,920
Land Transfer Taxes$9,273
Legal Fees (Est.)
$
Total cash required for closing$138,753

Total Monthly Obligation

$3,372/mo
Mortgage $2,581
Monthly Loss $2,693
Principal$679
Interest$1,902
Property Tax$416
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-9.0%1
5-Year IRR
8.6%26
10-Year IRR
9.5%
Returns Index
14.4/ 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
$31,200/yr
NOI
$18,587/yr
Net Cash Flow
-$1,032/mo
Cash Margin
-39.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
24.1/ 100

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

Comparables

Properties near 37 Brookside Terrace 43

Time

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