1228 Innwood Avenue, Cornwall

$775,000
1228 Innwood Avenue

$775,000

New
18d
DetachedBungalow

1228 Innwood Avenue, Cornwall

Total Monthly Obligation $4,041

Beds
4
Baths
2
Park
2
Sqft
1500-2000
DOM
18d
Score
17
Yield
4.5%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
11.0%
Property Type-Detached
MLS® Number-X13862258
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-62.6 × 116.47 ft
Listed on site-Oct 5, 2026
Style-Bungalow
Building Type-Detached
Taxes-$6,479.69 (2026)
Parking-4 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-ICI SOURCE REAL ASSET SERVICES INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Fibreglass Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-717 - Cornwall
Title-Residential Freehold

No agent assigned

Welcome Home to One of Cornwall's Most Sought-After Streets! Beautiful full-brick home offering approximately 1,575 sq. ft. above grade plus an impressive 1,100 sq. ft. of finished basement space. This spacious 4-bedroom home combines comfort, style, and functionality in a highly desirable Cornwall neighbourhood. Step inside to a bright and inviting open-concept floor plan, designed for both everyday living and entertaining. Lots of windows throughout the home fill the living spaces with natural light, while the impressive 9-foot ceilings add to the feeling of openness and spaciousness. The fully finished 1,100 sq. ft. basement provides an abundance of additional living space, ideal for a family room, recreation area, home office, gym, or entertaining. The basement also features a fully roughed-in bathroom, with the plumbing already in place and ready to be finished, offering an excellent opportunity to add another bathroom and further increase the home's functionality and value. Outside, the fully fenced backyard provides a private and enjoyable outdoor space for relaxing, entertaining, children, or pets. Situated on one of Cornwall's most sought-after streets, this home offers the perfect combination of a desirable location, generous living space, quality full-brick construction, and a bright, open layout. *For Additional Property Details Click The Brochure Icon Below*

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$620,000
Land Transfer Taxes$11,975
Legal Fees (Est.)
$
Total cash required for closing$168,475

Total Monthly Obligation

$4,041/mo
Mortgage $3,126
Monthly Loss $3,218
Principal$823
Interest$2,303
Property Tax$540
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.5%21
10-Year IRR
8.7%
Returns Index
11.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$34,764/yr
NOI
$20,308/yr
Net Cash Flow
-$1,434/mo
Cash Margin
-49.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
20.6/ 100

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

Comparables

Properties near 1228 Innwood Avenue

Time

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