2173 Rushton Road, McKellar Heights - Glabar Park and Area

$598,000
2173 Rushton Road

$598,000

Price Change
28d
DetachedBungalow

2173 Rushton Road, McKellar Heights - Glabar Park and Area

Total Monthly Obligation $3,245

Beds
3
Baths
1
Park
3
Sqft
1100-1500
DOM
28d
Score
22
Yield
6.2%
Cash on Cash
1.4%
Cap Rate
4.9%
5Y IRR
16.7%
10Y IRR
15.5%
Property Type-Detached
MLS® Number-X13827114
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-50 × 100 ft
Listed on site-Sep 25, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,495.51 (2026)
Parking-3 - None
Basement-Development Potential
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-5201 - McKellar Heights/Glabar Park
Title-Residential Freehold

No agent assigned

Ground floor opportunity to locate in Glabar park at a fantastic price. A sought-after, quiet, tree-filled neighborhood, close to many schools and bus routes. This ideal location gives great access to the Queensway, Carlingwood shopping center and the Fairlawn plaza. The brick bungalow itself has great bones and the hardwood floors are in good shape. Most windows have been upgraded over the years, as were the washer, dryer and stainless steel fridge. It was re-shingled in 2017. A high-efficiency gas furnace was installed in Oct, 2020 and the central air most recently in August, 2021. L-shaped living room, dining room. 3 good-sized bedrooms with a patio door off the middle bedroom to the deck and a very private backyard. There is a wood burning fireplace, although it hasn't been used in years, that could be converted to a gas fireplace as an alternative. Stairs off the kitchen lead to the lower level rec room and there is plenty of storage and room for a workshop.

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

Closing Costs

Mortgage Amount
$478,400
Land Transfer Taxes$8,435
Legal Fees (Est.)
$
Total cash required for closing$129,535

Total Monthly Obligation

$3,245/mo
Mortgage $2,412
Monthly Loss $2,610
Principal$635
Interest$1,777
Property Tax$458
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.2%3
5-Year IRR
12.4%53
10-Year IRR
12.5%
Returns Index
27.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$37,332/yr
NOI
$23,603/yr
Net Cash Flow
-$445/mo
Cash Margin
-14.3%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8215
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
27.3/ 100

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

Comparables

Properties near 2173 Rushton Road

Time

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