273 Elgin Street 41, Brantford

$387,000
273 Elgin Street 41

$387,000

New
16d
Condo Townhouse2-Storey

273 Elgin Street 41, Brantford

Total Monthly Obligation $2,519

HausQ Valuation Report
Beds
3
Baths
2
Park
1
Sqft
900-999
DOM
16d
Score
18
Yield
5.6%
Cash on Cash
-7.8%
Cap Rate
2.9%
5Y IRR
9.4%
10Y IRR
9.8%
Property Type-Condo Townhouse
MLS® Number-X13871314
Beds-3
Bathrooms-2
Size-900-999 sqft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-51-99
Taxes-$2,057.69 (2026)
Maintenance-$586/mo
Locker-None
Parking-1 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-REVEL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Shingle
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Title-Residential Condo & Other

No agent assigned

Welcome to 41-273 Elgin Street, a well-maintained townhouse condo offering comfort, convenience, and exceptional value in a central location. With easy highway access and just minutes from grocery stores, shopping, and everyday amenities, this is the perfect place to call home. This 3-bedroom, 2-bathroom home offers a functional layout with a finished basement. The living room is bathed in natural light and adjacent to the eat-in kitchen (new fridge and dishwasher) which is ideal for everyday living and entertaining. In the warmer months, your main floor living space extends to your fully fenced private patio, perfect for summer BBQs, outdoor dining, or enjoying your morning coffee in privacy. The upper level features three bedrooms and a 4-piece bathroom, offering plenty of space for families, guests, or a home office setup. The lower level extends your living area with a versatile recreation room, a convenient full bathroom and laundry. This home is an excellent opportunity for first- time buyers, downsizers, or investors looking to add a solid property to their portfolio.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$309,600
Land Transfer Taxes$4,280
Legal Fees (Est.)
$
Total cash required for closing$83,180

Total Monthly Obligation

$2,519/mo
Mortgage $1,561
Monthly Loss $2,108
Principal$411
Interest$1,150
Property Tax$171
Condo Fees$586
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.0%0
5-Year IRR
5.7%13
10-Year IRR
7.5%
Returns Index
7.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$21,552/yr
NOI
$7,907/yr
Net Cash Flow
-$902/mo
Cash Margin
-50.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.424
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
29.3/ 100

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

Comparables

Properties near 273 Elgin Street 41

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.