263 Cumberland Street, Minto

$464,000
263 Cumberland Street

$464,000

New
18d
Detached2-Storey

263 Cumberland Street, Minto

Total Monthly Obligation $2,453

HausQ Valuation Report
Beds
3
Baths
2
Park
3
Sqft
1500-2000
DOM
18d
Score
23
Yield
5.8%
Cash on Cash
0.7%
Cap Rate
4.7%
5Y IRR
16.1%
10Y IRR
15.0%
Property Type-Detached
MLS® Number-X13862640
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-48.99 × 131.73 ft
Listed on site-Oct 5, 2026
Style-2-Storey
Building Type-Detached
Taxes-$2,472 (2025)
Parking-3 - None
Basement-Partial Basement, Unfinished
Heating-Forced Air (Gas)
Brokerage-SOTHEBY'S INTERNATIONAL REALTY CANADA
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding, Wood
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Minto
Title-Residential Freehold

No agent assigned

Welcome to 263 Cumberland Street in Palmerston. Step into this meticulously well kept home- featuring an inviting, bright and spacious living area, with an open dining area. Enjoy the recently renovated (2024) light and airy kitchen. Off of the kitchen find a laundry room with a walkout to a lovely large deck, and three piece bathroom for added convenience. The spacious rear yard is perfect for entertaining or play, and the outdoor shed provides ample storage. Upstairs, find three large bedrooms as well as a three piece bathroom. The entire home has been freshly painted and is fully carpet-free, offering a low-maintenance living space. Recent (2025) updates include modern light fixtures throughout, professional ceiling finishing above the upper stairs, new kitchen flooring, updated outdoor lighting, freshly painted outdoor wood panels, all new gutters, soffits, deck and front porch railing. Just steps away from the Palmerston Lion Heritage Park- enjoy the playground, splash pad, basketball court and the ball hockey, and tennis court.

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

Closing Costs

Mortgage Amount
$371,200
Land Transfer Taxes$5,755
Legal Fees (Est.)
$
Total cash required for closing$100,055

Total Monthly Obligation

$2,453/mo
Mortgage $1,872
Monthly Loss $1,960
Principal$493
Interest$1,379
Property Tax$206
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.4%2
5-Year IRR
11.4%45
10-Year IRR
11.7%
Returns Index
23.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$26,700/yr
NOI
$17,058/yr
Net Cash Flow
-$450/mo
Cash Margin
-20.2%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
32.6/ 100

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

Comparables

Properties near 263 Cumberland Street

Time

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Data last updated within the past 24 hours.