240 Byron Avenue, Thames Centre

$649,900
240 Byron Avenue

$649,900

New
25d
DetachedSidesplit 4

240 Byron Avenue, Thames Centre

Total Monthly Obligation $3,262

HausQ Valuation Report
Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
25d
Score
19
Yield
4.7%
Cash on Cash
-3.6%
Cap Rate
3.8%
5Y IRR
12.7%
10Y IRR
12.4%
Property Type-Detached
MLS® Number-X13836434
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-60.23 × 138.83 ft
Listed on site-Sep 28, 2026
Style-Sidesplit 4
Building Type-Detached
Age-51-99
Taxes-$3,183 (2025)
Parking-4 - Detached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP PREFERRED REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Inground
Facing-North
Exterior-Brick, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Dorchester
Title-Residential Freehold

No agent assigned

4 level side split with an in-ground pool and single car garage in desirable Dorchester. Open concept main floor with South facing bay window that provides an abundance of natural light. Eat-in kitchen with stainless steel appliances and a large island with seating. Sliding doors off the eating area providing convenient access to the back yard. 3 bedrooms upstairs and a 4 piece bath. The third level offers a large family room with a potential space for an additional bedroom, laundry room, 2 piece bath and a walk out to the back yard. The 4th level is also finished with a rec room and storage. Step into your very own backyard oasis complete with a covered deck overlooking the inground pool and the fully fenced, private yard. The pool liner, plumbing, concrete all replaced in 2024. Roof shingles replaced June 2026. Within walking distance to parks, pickleball courts, arena, library, grocery store and all the amenities you could need.

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

Closing Costs

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

Total Monthly Obligation

$3,262/mo
Mortgage $2,622
Monthly Loss $2,572
Principal$690
Interest$1,932
Property Tax$265
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.4%1
5-Year IRR
9.0%29
10-Year IRR
9.8%
Returns Index
15.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$30,372/yr
NOI
$19,652/yr
Net Cash Flow
-$984/mo
Cash Margin
-38.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.628
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
24.9/ 100

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

Comparables

Properties near 240 Byron Avenue

Time

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Data last updated within the past 24 hours.