324 King Street, West Nipissing

$339,900
324 King Street

$339,900

Sold Conditional Escape
22d
DetachedBungalow

324 King Street, West Nipissing

Total Monthly Obligation $1,957

HausQ Valuation Report
Beds
3
Baths
1
Park
3
Sqft
700-1100
DOM
22d
Score
45
Yield
8.8%
Cash on Cash
13.0%
Cap Rate
7.4%
5Y IRR
26.1%
10Y IRR
23.5%
Property Type-Detached
MLS® Number-X13849066
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-66 × 132 ft
Listed on site-Oct 1, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,528 (2025)
Parking-3 - None
Basement-Full
Heating-Baseboard (Gas)
Brokerage-Century 21 Blue Sky Region Realty Inc., Brokerage
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Sturgeon Falls
Title-Residential Freehold

No agent assigned

Welcome to this charming and well-maintained bungalow in the heart of Sturgeon Falls! Offering 3 comfortable bedrooms and 1 full bathroom, this inviting home is an excellent opportunity for first-time buyers, young families, downsizers, or anyone looking for a cozy place to call home. The bright and functional layout creates a warm and welcoming atmosphere throughout, with comfortable living spaces designed for everyday living and entertaining. Step outside and enjoy the adorable backyard, complete with a greenhouse, perfect for growing your own vegetables, tending to your favorite plants, or simply enjoying the outdoors. Ideally located close to schools, parks, shopping, and local amenities, this home offers the perfect combination of comfort, convenience, and small-town charm. Move-in ready and full of potential, this delightful bungalow is one you won't want to miss!

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

Closing Costs

Mortgage Amount
$271,920
Land Transfer Taxes$3,574
Legal Fees (Est.)
$
Total cash required for closing$73,054

Total Monthly Obligation

$1,957/mo
Mortgage $1,371
Monthly Loss $1,596
Principal$361
Interest$1,010
Property Tax$211
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.9%48
Cash-on-Cash
4.8%21
5-Year IRR
19.7%91
10-Year IRR
18.5%
Returns Index
54.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
45/ 100
Poor•Caution

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,000/yr
NOI
$19,972/yr
Net Cash Flow
$293/mo
Cash Margin
11.7%34
Cash Flow Index
34.2/ 100
Risk Profile
Weight: 20%
DSCR
1.2146
LTV Ratio
80.0%18
Vacancy Buffer
4.8 mo81
Risk Index
48.5/ 100

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

Comparables

Properties near 324 King Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.