2761 Ross Avenue, Cornwall

$478,000
2761 Ross Avenue

$478,000

New
16d
DetachedBungalow

2761 Ross Avenue, Cornwall

Total Monthly Obligation $2,586

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
16d
Score
20
Yield
5.3%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.2%
Property Type-Detached
MLS® Number-X13874578
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-121.79 × 202.31 ft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,400 (2025)
Parking-6 - Carport
Basement-Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Brick
Roof-Metal
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-717 - Cornwall
Title-Residential Freehold

No agent assigned

Set on a deep, park-like lot in the city's north end, this all-brick 3 bedroom bungalow offers a great combination of space, updates and outdoor living. The main level features hardwood flooring throughout and a spacious living room filled with natural light. The updated eat-in galley-style kitchen offers modern finishes, a stylish backsplash and sleek cabinetry. Three comfortable bedrooms provide ample closet space, while the updated 4-piece bathroom features a double-sink vanity and tiled shower with glass doors.The fully finished lower level adds plenty of additional living space with a large rec room and games area, cozy gas fireplace, recessed lighting and a second 4-piece bathroom with tub/shower combination. There is also a utility/laundry room and excellent potential to create a fourth bedroom. Outside, enjoy the deep partially fenced backyard surrounded by mature trees with a rear deck, fire pit, garden shed and additional storage shed. A carport and paved driveway provide parking for several vehicles. Natural gas heating and central air conditioning add year-round comfort. Metal roof. Conveniently located close to schools, shopping and other city amenities, this well-rounded property offers plenty of room inside and out for a growing family. *Dusk image virtually generated. As per Seller direction allow 24 hr irrevocable on offers.

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

Closing Costs

Mortgage Amount
$382,400
Land Transfer Taxes$6,035
Legal Fees (Est.)
$
Total cash required for closing$103,135

Total Monthly Obligation

$2,586/mo
Mortgage $1,928
Monthly Loss $2,079
Principal$507
Interest$1,421
Property Tax$283
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.3%31
10-Year IRR
10.1%
Returns Index
16.5/ 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
$25,200/yr
NOI
$14,780/yr
Net Cash Flow
-$696/mo
Cash Margin
-33.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
30.1/ 100

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

Comparables

Properties near 2761 Ross Avenue

Time

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