12 Battram Street, Central Elgin

$649,900
12 Battram Street

$649,900

New
28d
DetachedBungalow

12 Battram Street, Central Elgin

Total Monthly Obligation $3,290

Beds
3
Baths
1
Park
3
Sqft
1100-1500
DOM
28d
Score
17
Yield
3.8%
Cash on Cash
-7.6%
Cap Rate
2.9%
5Y IRR
9.6%
10Y IRR
9.9%
Property Type-Detached
MLS® Number-X13827836
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-120 × 152 ft
Listed on site-Sep 25, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,519 (2025)
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS LIFESTYLES
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-South
Exterior-Wood
Roof-Metal
Foundation-Poured Concrete
Sewer-Sewer
Possession-60 days
Neighbourhood-Lynhurst
Title-Residential Freehold

No agent assigned

Set on a beautiful hillside lot in the established Lynhurst neighbourhood, 12 Battram Street is anything but ordinary. This Fred Greene custom-designed mid-century bungalow is filled with architectural character. From its warm wood-clad ceilings and exposed beams, to expansive windows that draw in natural light and frame the surrounding greenery. The three-bedroom layout offers inviting, comfortable living spaces with a distinct style that sets this home apart. At the heart of the home, the living and dining areas are surrounded by windows, creating an effortless connection between indoors and out. The kitchen carries that same warmth and offers ample cabinetry, generous workspace and direct access to the backyard. Step outside and the setting becomes even more impressive. Perched above the surrounding landscape, the expansive rear deck offers panoramic views and a peaceful, treed backdrop that feels surprisingly private. The beautiful fully fenced yard provides plenty of space to enjoy, while the elevated setting makes the deck a natural extension of the home. Perfect for morning coffee, summer dinners or simply taking in the view. The unfinished lower level offers plenty of additional space and flexibility, whether you envision finishing it to suit your needs or simply taking advantage of the generous storage it provides. Practicality hasn't been overlooked either, with convenient main-floor laundry, an attached one-car garage with interior entry, an additional covered carport and a 2023 concrete driveway. Significant improvements include a metal roof with heat tracing (2019), upgraded windows (2019), 200-amp electrical service (2019), enhanced insulation (2019), new deck & hot tub (2024) addition (2020), owned water heater (2020) and new wood fence (2025). Thoughtfully designed, full of character and set on a lot that is just as special as the home itself, 12 Battram Street is a rare opportunity for buyers looking for something beyond the ordinary.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$3,290/mo
Mortgage $2,622
Monthly Loss $2,600
Principal$690
Interest$1,932
Property Tax$293
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.2%0
5-Year IRR
6.0%14
10-Year IRR
7.5%
Returns Index
8.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$24,888/yr
NOI
$14,380/yr
Net Cash Flow
-$1,423/mo
Cash Margin
-68.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
23.7/ 100

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

Comparables

Properties near 12 Battram Street

Time

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