3 Sapphire Lane, Niagara-on-the-Lake

$699,710
3 Sapphire Lane

$699,710

New
25d
Condo TownhouseBungalow

3 Sapphire Lane, Niagara-on-the-Lake

Total Monthly Obligation $3,029

Beds
2
Baths
2
Park
2
Sqft
1400-1599
DOM
25d
Score
27
Yield
5.7%
Cash on Cash
3.8%
Cap Rate
5.4%
5Y IRR
18.6%
10Y IRR
17.1%
Property Type-Condo Townhouse
MLS® Number-X13840568
Beds-2
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Sep 28, 2026
Style-Bungalow
Building Type-Condo Townhouse
Maintenance-$6.45/mo
Locker-None
Parking-4 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NRC REALTY COMPASS ESTATES
Cooling-Central Air
Laundry-No
Fireplace-Living Room
Pool-None
Exterior-Hardboard, Stone
Possession-90 days
Neighbourhood-108 - Virgil
Title-Residential Condo & Other

No agent assigned

Another new townhome with Grey Forest Homes in the charming town of Virgil, Ontario. Our brand-new condo townhouses redefine modern and stress-free living, offering open-concept designs and a plethora of customizable upgrades to suit your individual tastes. Discover the perfect floor plan to meet your unique needs. Enjoy the highest quality construction and craftsmanship in a peaceful, scenic location. Plus, don't miss the chance to explore our model home, open for viewing every Saturday and Sunday from 2-4pm. Witness firsthand the epitome of comfortable, stylish living. Join us in Virgil and experience the future of your dream home. It's time to make the move to Crossroads Landing - where quality, luxury, and your ideal lifestyle come together. **Please note pictures are of various models and floor plans. Photos represented in this listing do not represent the actual unit and are used as reference purposes only. Taxes to be assessed.

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

Closing Costs

Mortgage Amount
$559,768
Land Transfer Taxes$10,469
Legal Fees (Est.)
$
Total cash required for closing$151,911

Total Monthly Obligation

$3,029/mo
Mortgage $2,822
Monthly Loss $2,286
Principal$743
Interest$2,080
Condo Fees$6
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.7%35
Cash-on-Cash
-0.4%7
5-Year IRR
15.2%72
10-Year IRR
14.6%
Returns Index
38.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$39,660/yr
NOI
$33,217/yr
Net Cash Flow
-$54/mo
Cash Margin
-1.6%3
Cash Flow Index
3.5/ 100
Risk Profile
Weight: 20%
DSCR
0.9825
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
32.1/ 100

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

Comparables

Properties near 3 Sapphire Lane

Time

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