1108 Daly Avenue, Cornwall

$399,000
1108 Daly Avenue

$399,000

Price Change
29d
DetachedBungalow-Raised

1108 Daly Avenue, Cornwall

Total Monthly Obligation $2,231

Beds
3
Baths
2
Park
6
Sqft
700-1100
DOM
29d
Yield
8.9%
Cash on Cash
13.4%
Cap Rate
7.5%
5Y IRR
26.5%
10Y IRR
23.8%
Property Type-Detached
MLS® Number-X13830828
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-50 × 120.07 ft
Listed on site-Sep 24, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$2,961 (2025)
Parking-7 - Detached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX AFFILIATES MARQUIS LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-60-89 days
Neighbourhood-717 - Cornwall
Title-Residential Freehold

No agent assigned

A great opportunity for investors, renovators or buyers looking to build equity in a convenient Cornwall location. Situated close to grocery stores, schools, public transportation and local amenities, this property offers a practical layout with two bedrooms and a four-piece bathroom on the main level, plus an additional bedroom in the basement.Several of the property's major components have already been updated, including a new 200-amp electrical panel approximately 3 months ago, central air conditioning replaced approximately 2 months ago, a roof replaced approximately 4 years ago, and the sewer lateral replaced both inside and outside. The furnace dates to approximately 2015, and the electric hot water tank was replaced within the past two years.The detached garage offers additional value with its own 60-amp electrical panel and water. The basement provides further opportunity for customization and may offer the potential for a basement apartment or additional living space, subject to municipal approvals and applicable requirements.With many of the major updates already completed, this property provides an opportunity to focus on the interior improvements and create something that suits your needs-whether as a personal residence, income property or long-term investment. As per Seller's Direction 48h Irrevocable required on all offers.

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Closing Costs

Mortgage Amount
$319,200
Land Transfer Taxes$4,460
Legal Fees (Est.)
$
Total cash required for closing$85,760

Total Monthly Obligation

$2,231/mo
Mortgage $1,609
Monthly Loss $1,808
Principal$424
Interest$1,186
Property Tax$247
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 1108 Daly Avenue

Time

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