219 Brentwood Crescent, Central Elgin

$629,900
219 Brentwood Crescent

$629,900

New
24d
DetachedSidesplit 4

219 Brentwood Crescent, Central Elgin

Total Monthly Obligation $3,307

Beds
3
Baths
2
Park
4
Sqft
1500-2000
DOM
24d
Score
19
Yield
5.0%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.6%
Property Type-Detached
MLS® Number-X13842650
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-41.27 × 159.89 ft
Listed on site-Sep 29, 2026
Style-Sidesplit 4
Building Type-Detached
Age-31-50
Taxes-$4,697 (2025)
Parking-6 - Detached
Basement-Partially Finished, Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-ELGIN REALTY LIMITED
Cooling-Central Air
Laundry-No
Fireplace-Fireplace Insert, Natural Gas
Pool-None
Facing-West
Exterior-Aluminum Siding, Brick Veneer
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Possession is flexible
Neighbourhood-Belmont
Title-Residential Freehold

No agent assigned

Looking for a large lot at the end of a cul-de-sac, dreaming of a shop, having your children attend a brand new elementary school? (opening Jan. 2027). Take a look here--just minutes off the 401, first exit east of London in beautiful, family friendly Belmont! This unique sidesplit layout offers walk out from kitchen/eating area to a covered 18'x12' deck plus the on ground 3rd level familyroom has direct access to the wide pie shaped backyard and gives close access to the Willsie built oversized detached insulated 24'x24' double car garage/SHOP with 11' high ceiling, loft, 9' wide x 8' high garage doors-each with their own openers, mandoor and rough-in for gas line. This great shaped lot also provides vehicle access to the backyard. The quality built Snyder home has been lovingly cared for by the original owners from the inception of the subdivision. You'll appreciate the many efficient and easy care features like Leaf Filter on both the house and shop, replaced exterior doors and windows, roll down screens in storm doors, enclosed blinds in the back door plus fully fenced backyard for a pet friendly home and property, replaced tub by Bath Fitters, central vac, great closet and storage space, huge cold room storage as well and very little carpet. There's also 200 amp hydro, RUDD gas furnace, central air, gas fireplace, 2 garden sheds and lots of parking. A wonderful walkway right beside this premium lot connects you to the Union Street Park, (with Pickle Ball courts and children's play ground), Conservation land and right to the main street as well with trails under the bridge over to the Kettle Creek subdivision and the new public school. The Arena complex has baseball and soccer fields, playground, splash pad and skate park. What a great place to raise a family!

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(utilities, internet...)
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Closing Costs

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

Total Monthly Obligation

$3,307/mo
Mortgage $2,541
Monthly Loss $2,639
Principal$669
Interest$1,872
Property Tax$391
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.2%1
5-Year IRR
9.2%30
10-Year IRR
10.0%
Returns Index
16.3/ 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
$31,800/yr
NOI
$19,423/yr
Net Cash Flow
-$922/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
2.9 mo48
Risk Index
24.8/ 100

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

Comparables

Properties near 219 Brentwood Crescent

Time

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