6 ELM Avenue, Pelham

$914,900
6 ELM Avenue

$914,900

New
16d
Detached2 1/2 Storey

6 ELM Avenue, Pelham

Total Monthly Obligation $4,437

Beds
3
Baths
3
Park
5
Sqft
2000-2500
DOM
16d
Score
15
Yield
2.9%
Cash on Cash
-11.3%
Cap Rate
2.1%
5Y IRR
6.7%
10Y IRR
7.7%
Property Type-Detached
MLS® Number-X13874010
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-50 × 100 ft
Listed on site-Oct 7, 2026
Style-2 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$4,456.92 (2026)
Parking-6 - Detached
Basement-Unfinished, Full
Heating-Forced Air (Gas)
Brokerage-REVEL Realty Inc., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-Electric, Family Room, Living Room, Natural Gas
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-30-59 days
Neighbourhood-662 - Fonthill
Title-Residential Freehold

No agent assigned

EXCEPTIONAL LOCATION IN THE HEART OF FONTHILL! Nestled on a quiet, picturesque street in one of Fonthill's most sought-after neighbourhoods, this beautifully updated home offers an exceptional lifestyle in an unbeatable location. Imagine evening strolls along scenic walking trails just steps from your front door, walking your children to excellent nearby schools, or enjoying a leisurely walk into charming downtown Fonthill. With parks, a splash pad, swimming pool, skate park, boutique shops, restaurants and the popular Thursday night Supper Market all within walking distance, everything that makes Fonthill special is right at your doorstep.Perfectly positioned in this desirable setting, this beautifully maintained 2.5-storey home offers 3 bedrooms, 2 full bathrooms and a main-floor powder room. Thoughtful updates throughout include hardwood flooring, fresh paint, elegant trim and millwork, new carpeting, granite countertops, updated bathrooms and modern lighting.The home's charm extends outdoors with professionally landscaped grounds, a fully automated irrigation system and stunning landscape lighting. A beautifully redesigned front porch featuring natural wood beams and a pine ceiling creates a warm, inviting entrance, while the private backyard offers a new deck, hot tub and updated fencing - perfect for relaxing or entertaining.Additional features include updated windows, a resurfaced driveway and an oversized garage.A rare opportunity to enjoy a beautifully updated home in one of Fonthill's most desirable locations, where small-town charm, natural beauty and everyday convenience come together effortlessly.

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

Closing Costs

Mortgage Amount
$731,920
Land Transfer Taxes$14,773
Legal Fees (Est.)
$
Total cash required for closing$199,253

Total Monthly Obligation

$4,437/mo
Mortgage $3,690
Monthly Loss $3,466
Principal$971
Interest$2,719
Property Tax$371
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.6%10
Cash-on-Cash
-15.0%0
5-Year IRR
3.9%8
10-Year IRR
5.9%
Returns Index
5.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$26,400/yr
NOI
$14,803/yr
Net Cash Flow
-$2,457/mo
Cash Margin
-111.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.333
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
18.4/ 100

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

Comparables

Properties near 6 ELM 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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.