40 Emmett Street, Pelham

$679,900
40 Emmett Street

$679,900

Price Change
28d
Detached2-Storey

40 Emmett Street, Pelham

Total Monthly Obligation $3,526

Beds
4
Baths
3
Park
4
Sqft
1100-1500
DOM
28d
Score
17
Yield
4.2%
Cash on Cash
-6.7%
Cap Rate
3.1%
5Y IRR
10.3%
10Y IRR
10.5%
Property Type-Detached
MLS® Number-X13831086
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-50 × 162 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$4,907.62 (2026)
Parking-5 - Attached
Basement-Full, Finished
Heating-Forced Air (Other)
Brokerage-RE/MAX HENDRIKS TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-662 - Fonthill
Title-Residential Freehold

No agent assigned

Beautiful family home set in the desirable town of Pelham within the community of Fonthill, offering great curb appeal and plenty of space inside and out. Arriving at the home, you'll immediately notice the oversized interlock driveway, charming saltbox-style architecture and attached single-car garage. Step inside to an open foyer leading into the freshly painted main floor. The living room is finished in beautiful hardwood flooring and features large windows that bring in plenty of natural light. From here, the layout flows into the formal dining room and then into the large eat-in kitchen that is complete with an abundance of cabinetry, a built-in desk area and additional space for casual dining. Also found on the main level is a convenient laundry room with cabinetry, a two-piece bathroom and direct access to both the backyard and attached garage. Upstairs, you'll find three well-sized bedrooms including a spacious primary bedroom featuring hardwood flooring and two double closets. The upper level is completed by a four-piece bathroom with a tub/shower combination. The basement is fully finished adding even more usable living space with a large rec room featuring built-in cabinetry, an additional office/bedroom, three-piece bathroom and plenty of storage. Outside, the backyard is an incredible size with no shortage of space or privacy. Mature trees, beautiful gardens and a fire pit create a fantastic setting to enjoy with family and friends. A great opportunity to get into a family home at an attractive price point and in an excellent Fonthill location close to schools, parks, downtown amenities, restaurants and much more.

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

Closing Costs

Mortgage Amount
$543,920
Land Transfer Taxes$10,073
Legal Fees (Est.)
$
Total cash required for closing$147,553

Total Monthly Obligation

$3,526/mo
Mortgage $2,743
Monthly Loss $2,805
Principal$722
Interest$2,021
Property Tax$409
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.3%0
5-Year IRR
6.8%17
10-Year IRR
8.1%
Returns Index
10.0/ 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
$28,680/yr
NOI
$16,404/yr
Net Cash Flow
-$1,375/mo
Cash Margin
-57.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
22.6/ 100

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

Comparables

Properties near 40 Emmett Street

Time

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