208 Ross Avenue, Sarnia

$295,000
208 Ross Avenue

$295,000

New
17d
Detached1 1/2 Storey

208 Ross Avenue, Sarnia

Total Monthly Obligation $1,741

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
17d
Score
83
Yield
18.3%
Cash on Cash
55.6%
Cap Rate
16.5%
5Y IRR
63.3%
10Y IRR
59.5%
Property Type-Detached
MLS® Number-X13866646
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-40 × 158.5 ft
Listed on site-Oct 6, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$2,115 (2025)
Parking-4 - None
Basement-Partially Finished
Heating-Baseboard (Electric)
Brokerage-RIGHT AT HOME REALTY
Cooling-Wall Unit(s), Window Unit(s)
Laundry-No
Fireplace-Rec Room
Pool-None
Facing-North
Exterior-Brick, Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete Block, Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Sarnia
Title-Residential Freehold

No agent assigned

Welcome to 208 Ross Avenue, a well-maintained home cared for by the same family since 1971. This 3-bedroom, 1.5-bathroom property offers a great opportunity for its next owners.The finished basement provides extra living space with room for a family room, games area, home office or hobby space. Outside, the deep 40 x 153-foot lot offers plenty of room to enjoy the backyard. The property is zoned R2, which may offer future possibilities; buyers are encouraged to verify permitted uses and any required approvals with the municipality.Located directly across from P.E. McGibbon Public School, the home is also within walking distance of Mitton Village restaurants, cafés, shops and community events. Parks, schools and everyday amenities are close by.Whether you're a first-time buyer, a growing family or an investor, this home offers space, a convenient location and a long family history

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$236,000
Land Transfer Taxes$2,900
Legal Fees (Est.)
$
Total cash required for closing$63,400

Total Monthly Obligation

$1,741/mo
Mortgage $1,190
Monthly Loss $1,428
Principal$313
Interest$877
Property Tax$176
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
14.2%98
Cash-on-Cash
43.7%100
5-Year IRR
53.1%100
10-Year IRR
49.6%
Returns Index
99.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeA
83/ 100
Good•Buy

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$54,000/yr
NOI
$41,985/yr
Net Cash Flow
$2,309/mo
Cash Margin
51.3%100
Cash Flow Index
99.9/ 100
Risk Profile
Weight: 20%
DSCR
2.94100
LTV Ratio
80.0%18
Vacancy Buffer
5.1 mo84
Risk Index
67.4/ 100

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

Comparables

Properties near 208 Ross Avenue

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.