497 Birmingham Street W 105, Wellington North

$319,900
497 Birmingham Street W 105

$319,900

Price Change
22d
Condo ApartmentBungalow

497 Birmingham Street W 105, Wellington North

Total Monthly Obligation $2,029

HausQ Valuation Report
Beds
2
Baths
1
Park
1
Sqft
1000-1199
DOM
22d
Score
32
Yield
8.6%
Cash on Cash
7.3%
Cap Rate
6.2%
5Y IRR
21.5%
10Y IRR
19.5%
Property Type-Condo Apartment
MLS® Number-X13854406
Beds-2
Bathrooms-1
Size-1000-1199 sqft
Listed on site-Oct 1, 2026
Style-Bungalow
Building Type-Condo Apartment
Taxes-$1,958.42 (2026)
Maintenance-$375/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-Royal LePage RCR Realty
Cooling-Other
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Mount Forest
Title-Residential Condo & Other

No agent assigned

Enjoy low maintenance living in this well maintained condo located in Mount Forest. Two bedroom, 1 bathroom, located on main level of controlled entry building, with designated parking spot 5 Just a short walk to hospital, medical centre, sports centre with walking track and nearby parks.

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

Closing Costs

Mortgage Amount
$255,920
Land Transfer Taxes$3,274
Legal Fees (Est.)
$
Total cash required for closing$68,754

Total Monthly Obligation

$2,029/mo
Mortgage $1,290
Monthly Loss $1,689
Principal$340
Interest$951
Property Tax$163
Condo Fees$375
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
5.0%38
Cash-on-Cash
0.7%9
5-Year IRR
16.5%79
10-Year IRR
16.0%
Returns Index
42.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
32/ 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
$27,600/yr
NOI
$15,982/yr
Net Cash Flow
$41/mo
Cash Margin
1.8%7
Cash Flow Index
6.7/ 100
Risk Profile
Weight: 20%
DSCR
1.0329
LTV Ratio
80.0%18
Vacancy Buffer
4.7 mo79
Risk Index
42.3/ 100

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

Comparables

Properties near 497 Birmingham Street W 105

Time

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Data last updated within the past 24 hours.