41 Alice Street W, Blue Mountains

$1,650,000
41 Alice Street W

$1,650,000

New
21d
Detached2-Storey

41 Alice Street W, Blue Mountains

Total Monthly Obligation $7,640

Beds
5
Baths
4
Park
2
Sqft
2000-2500
DOM
21d
Score
16
Yield
3.7%
Cash on Cash
-7.2%
Cap Rate
3.0%
5Y IRR
9.9%
10Y IRR
10.1%
Property Type-Detached
MLS® Number-X13862982
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-72 × 72 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,313 (2025)
Parking-3 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-Century 21 Millennium Inc.
Cooling-Central Air
Laundry-No
Fireplace-Rec Room, Living Room
Pool-None
Facing-South
Exterior-Stone, Wood
Roof-Shingles
Foundation-Concrete, Poured Concrete
Sewer-Sewer
Possession-flexible
Neighbourhood-Blue Mountains
Title-Residential Freehold

No agent assigned

Set on a quiet, mature corner lot in the heart of Thornbury, this beautifully finished home offers 3,307 sq. ft. (total) of space within easy walking distance of the harbour, shops and restaurants. Its thoughtfully designed reverse floor plan places the main living areas on the second floor, where expansive windows, four skylights and a vaulted, beamed ceiling fill the home with natural light.The chef's kitchen features premium built-in appliances, a walk-in pantry and a walkout to a private balcony with glass railings. It flows into a generous great room and dining area made for gathering. The primary suite offers custom built-in cabinetry, its own private balcony and a five-piece ensuite. Recently installed UV protective window film helps reduce solar heat gain and provides added daytime privacy, while motorized shades offer further control over light and privacy with ease throughput the entire home. On the main floor, an inviting foyer leads to three well-proportioned bedrooms, a five-piece bathroom and a mudroom with laundry, custom storage and access to the oversized attached single-car garage. The finished lower level adds a recreation room with in-floor heating, a gas fireplace and wet bar, plus a sauna, fifth bedroom and an office that could serve as a sixth bedroom.With room to host, work and unwind, 41 Alice Street puts Thornbury's waterfront and village amenities close to home.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$1,320,000
Land Transfer Taxes$29,475
Legal Fees (Est.)
$
Total cash required for closing$360,975

Total Monthly Obligation

$7,640/mo
Mortgage $6,656
Monthly Loss $5,889
Principal$1,751
Interest$4,904
Property Tax$609
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.5%1
5-Year IRR
7.3%20
10-Year IRR
8.4%
Returns Index
11.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$60,600/yr
NOI
$42,727/yr
Net Cash Flow
-$3,095/mo
Cash Margin
-61.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo20
Risk Index
14.6/ 100

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

Comparables

Properties near 41 Alice Street W

Time

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