47 Albert Street, Russell

$629,900
47 Albert Street

$629,900

Price Change
24d
DetachedBacksplit 3

47 Albert Street, Russell

Total Monthly Obligation $3,245

Beds
4
Baths
2
Park
6
Sqft
1100-1500
DOM
24d
Score
19
Yield
5.0%
Cash on Cash
-3.0%
Cap Rate
3.9%
5Y IRR
13.2%
10Y IRR
12.7%
Property Type-Detached
MLS® Number-X13839262
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-59.06 × 119.68 ft
Listed on site-Sep 29, 2026
Style-Backsplit 3
Building Type-Detached
Taxes-$3,951.98 (2026)
Parking-7 - Attached
Basement-Full, Finished
Heating-Baseboard (Electric)
Brokerage-EXP REALTY
Cooling-Other
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Unknown
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-602 - Embrun
Title-Residential Freehold

No agent assigned

Welcome to this charming and thoughtfully updated 2+2 bedroom, 2 bath single home tucked into a peaceful, family-friendly Embrun neighbourhood. A bright, inviting interior blends modern updates with comfortable everyday living, featuring warm hardwood flooring, stylish black accents and a layout with plenty of character. The main living room is anchored by a cozy gas fireplace, while just a few steps up, the kitchen and dining area overlook the living space, creating a connected feel while still giving each area its own definition. The bright kitchen offers plenty of cabinetry, granite countertops, an island for extra prep and gathering space, and direct access to the backyard deck and gazebo for easy summer dining and entertaining. 2 bedrooms and a main bathroom, with soaker tub, completes the main level. Downstairs, the finished lower level offers even more room to settle in, with a spacious family room that makes a great movie or games room, a second gas fireplace, home office, two additional bedrooms and another bathroom, creating excellent flexibility for guests, teens or extended family. Outside, the backyard feels like its own little retreat, with mature trees, a two-tier deck and gazebo, space to dine al fresco and plenty of green space for kids, pets, gardening or simply enjoying a quiet afternoon outdoors. Storage shed is a practical bonus for seasonal items. An oversized single garage, driveway parking for up to six vehicles and wall unit heat pump AC (2023) add to the everyday practicality. And the location is hard to beat, just steps from Embrun Arena, the recreation centre, community hall, and Yahoo Park with its splash pad, with schools, parks and local amenities all close by.

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

Closing Costs

Mortgage Amount
$503,920
Land Transfer Taxes$9,073
Legal Fees (Est.)
$
Total cash required for closing$136,553

Total Monthly Obligation

$3,245/mo
Mortgage $2,541
Monthly Loss $2,577
Principal$669
Interest$1,872
Property Tax$329
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.3%31
10-Year IRR
10.1%
Returns Index
16.6/ 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
$31,200/yr
NOI
$19,628/yr
Net Cash Flow
-$905/mo
Cash Margin
-34.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
25.2/ 100

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

Comparables

Properties near 47 Albert Street

Time

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