56 Hiawatha Road 47, Woodstock

$249,999
56 Hiawatha Road 47

$249,999

New
18d
Condo Apartment1 Storey/Apt

56 Hiawatha Road 47, Woodstock

Total Monthly Obligation $1,640

Beds
2
Baths
1
Park
2
Sqft
600-699
DOM
18d
Score
27
Yield
8.2%
Cash on Cash
4.8%
Cap Rate
5.6%
5Y IRR
19.4%
10Y IRR
17.8%
Property Type-Condo Apartment
MLS® Number-X13860572
Beds-2
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 5, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$1,384 (2025)
Maintenance-$315.96/mo
Locker-None
Parking-2 - None
Basement-None
Heating-Forced Air (Electric)
Brokerage-Revel Realty Inc. Brokerage
Cooling-None
Laundry-Yes
Fireplace-Electric, Living Room
Pool-None
Exterior-Brick
Roof-Asphalt Shingle
Possession-Immediate
Neighbourhood-Woodstock - North
Title-Residential Condo & Other

No agent assigned

Affordable, low-maintenance living in this recently renovated and refreshed 2-bedroom, 1-bathroom condo. Move-in ready with a functional layout, this unit features new flooring completed in 2026, stainless steel appliances, in-suite laundry, a 4-piece bathroom, and two comfortable bedrooms. A new stainless steel fridge is currently awaiting delivery.Located on the top floor and positioned as an end unit, you'll enjoy the added benefit of no neighbours above and only one adjoining unit, offering additional privacy and a quieter living environment.Whether you're a first-time buyer looking to get into the market, downsizing, or searching for an investment property, this condo offers an affordable and easy-to-maintain option with many of the updates already taken care of. Move in and enjoy!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$199,999
Land Transfer Taxes$2,225
Legal Fees (Est.)
$
Total cash required for closing$53,725

Total Monthly Obligation

$1,640/mo
Mortgage $1,008
Monthly Loss $1,374
Principal$265
Interest$743
Property Tax$115
Condo Fees$316
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.3%30
Cash-on-Cash
-2.4%4
5-Year IRR
14.0%65
10-Year IRR
14.0%
Returns Index
33.7/ 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
$20,436/yr
NOI
$10,817/yr
Net Cash Flow
-$107/mo
Cash Margin
-6.3%1
Cash Flow Index
1.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8919
LTV Ratio
80.0%18
Vacancy Buffer
5.8 mo90
Risk Index
42.7/ 100

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

Comparables

Properties near 56 Hiawatha Road 47

Time

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Data last updated within the past 24 hours.