1519 Stephen Street, Cornwall

$579,000
1519 Stephen Street

$579,000

Price Change
22d
DetachedSidesplit 4

1519 Stephen Street, Cornwall

Total Monthly Obligation $3,144

Beds
4
Baths
3
Park
4
Sqft
1500-2000
DOM
22d
Score
21
Yield
6.0%
Cash on Cash
0.2%
Cap Rate
4.6%
5Y IRR
15.7%
10Y IRR
14.7%
Property Type-Detached
MLS® Number-X13851646
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-63 × 116.78 ft
Listed on site-Oct 1, 2026
Style-Sidesplit 4
Building Type-Detached
Taxes-$5,196 (2025)
Parking-5 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX AFFILIATES MARQUIS LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-717 - Cornwall
Title-Residential Freehold

No agent assigned

LOADED WITH BIG-TICKET UPDATES, IN THE LOCATION YOU WANT, WITH THE SIZE YOU NEED! Updated within the last 3 years: roof shingles, back decking, all windows, furnace, A/C, hot water tank, electrical panel, front door and much more. This home is situated in the upscale suburb of Riverdale. Known for its tree-lined streets and family friendly atmosphere, this neighbourhood is unrivaled. Prestigious schools, a mature park, slash pad, ice rink, tennis court & walking trails, all blocks from the River. This home is waiting for your family to make it their own! The traditional split layout provides formal living-room space and a casual family-room area all in ear-shot of the kitchen. Updates continue in the kitchen including, sink, counters, flooring, fridge and stove (within last 3 years). Loads of space for formal dining and oversized furnishings. There's a handy 2pc bath on the main floor and a large 3-season sunroom for lounging or entertaining. Upstairs, the 3 large bedrooms are serviced by a 4pc bath. A bright and cozy finished basement has exceptionally high ceilings. It provides rec-space, 1 large bedroom with a walk-in closet, and a full-bath. The lower basement split houses laundry, utility + tons of storage space. 24hr irrevocable. Call today!

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

Closing Costs

Mortgage Amount
$463,200
Land Transfer Taxes$8,055
Legal Fees (Est.)
$
Total cash required for closing$125,355

Total Monthly Obligation

$3,144/mo
Mortgage $2,336
Monthly Loss $2,529
Principal$615
Interest$1,721
Property Tax$433
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.4%2
5-Year IRR
11.5%46
10-Year IRR
11.8%
Returns Index
24.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$34,476/yr
NOI
$21,332/yr
Net Cash Flow
-$558/mo
Cash Margin
-19.4%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
27.2/ 100

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

Comparables

Properties near 1519 Stephen 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.