1313 Stormont Drive, Cornwall

$649,900
1313 Stormont Drive

$649,900

New
17d
DetachedBacksplit 5

1313 Stormont Drive, Cornwall

Total Monthly Obligation $3,423

Beds
3
Baths
3
Park
4
Sqft
1500-2000
DOM
17d
Score
20
Yield
5.5%
Cash on Cash
-1.1%
Cap Rate
4.3%
5Y IRR
14.7%
10Y IRR
13.9%
Property Type-Detached
MLS® Number-X13869338
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-62.34 × 110.88 ft
Listed on site-Oct 6, 2026
Style-Backsplit 5
Building Type-Detached
Age-31-50
Taxes-$5,119 (2025)
Parking-6 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX AFFILIATES MARQUIS LTD.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Family Room
Pool-Above Ground
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-60-90 days
Neighbourhood-717 - Cornwall
Title-Residential Freehold

No agent assigned

Don't miss this spacious and beautifully updated 5-level split offering a fantastic layout and plenty of room for the whole family! The main floor welcomes you with a functional kitchen, separate dining room, convenient 2-pc bath, hardwood-floored main floor, and inviting family room with a gas fireplace. Patio doors lead directly to the two-tier deck, creating a seamless connection between the indoor and outdoor living spaces. Upstairs, you'll find 3 bedrooms, including a spacious primary bedroom with a walk-in closet and direct access to the modern main bath. The lower level offers a beautifully finished rec room, laundry room/2-pc bath, and an unfinished 5th level with plenty of storage space or potential for a future games room. Step outside to enjoy your own private backyard retreat, complete with a fully fenced yard, gas-heated above-ground pool with new liner (2024), and hot tub (2022) - perfect for entertaining or relaxing. The home has been thoughtfully updated with windows, doors, gas furnace, central air, shingles on the house and shed (2022), paved driveway (2022/sealed 2024), interlock walkway, and landscaping. The large double garage has also been upgraded with re-insulated walls, new drywall, and a HERMETIC Flake Floor System. A well-maintained home with tons of upgrades, great living space, and an amazing backyard - this one is definitely worth a look! 48-hour irrevocable on all offers.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$519,920
Land Transfer Taxes$9,473
Legal Fees (Est.)
$
Total cash required for closing$140,953

Total Monthly Obligation

$3,423/mo
Mortgage $2,622
Monthly Loss $2,733
Principal$690
Interest$1,932
Property Tax$427
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.3%2
5-Year IRR
10.7%40
10-Year IRR
11.2%
Returns Index
21.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$35,880/yr
NOI
$22,673/yr
Net Cash Flow
-$732/mo
Cash Margin
-24.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
25.0/ 100

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

Comparables

Properties near 1313 Stormont Drive

Time

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