916 Leonard Avenue, Cornwall

$474,900
916 Leonard Avenue

$474,900

New
16d
Detached2-Storey

916 Leonard Avenue, Cornwall

Total Monthly Obligation $2,551

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
16d
Score
33
Yield
7.5%
Cash on Cash
8.1%
Cap Rate
6.3%
5Y IRR
22.1%
10Y IRR
20.1%
Property Type-Detached
MLS® Number-X13874666
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-65 × 118.71 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Detached
Taxes-$3,129.51 (2026)
Parking-3 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX AFFILIATES MARQUIS LTD.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBS
Neighbourhood-717 - Cornwall
Title-Residential Freehold

No agent assigned

WELCOME TO RIVERDALE! Style, comfort and location come together beautifully in this bright and inviting home! From the moment you step inside, you'll appreciate the stylish finishes and modern updates throughout. The stunning, magazine-worthy kitchen is sure to impress, featuring an abundance of cabinetry, beautiful finishes and a spacious dining area perfect for family gatherings. The cozy living room offers a warm and welcoming atmosphere, complete with a gorgeous feature wall and electric fireplace. Upstairs, you'll find three comfortable bedrooms and a full bathroom. Updated flooring throughout creates a fresh, seamless flow from room to room. The finished basement adds even more living space with a cozy rec room, convenient laundry area with a 2-piece bathroom, and plenty of storage. Step outside to enjoy the generous backyard, complete with a deck overlooking the yard and a lovely stone fire pit, perfect for relaxing evenings and entertaining family and friends. Located in one of Cornwall's most desirable family-friendly neighbourhoods, you'll love being close to beautiful parks, excellent elementary schools and everyday amenities. Stylish, move-in ready and perfectly located in the heart of Riverdale! This is one you won't want to miss. Book your private showing today!

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

Closing Costs

Mortgage Amount
$379,920
Land Transfer Taxes$5,973
Legal Fees (Est.)
$
Total cash required for closing$102,453

Total Monthly Obligation

$2,551/mo
Mortgage $1,916
Monthly Loss $2,047
Principal$504
Interest$1,412
Property Tax$261
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.2%40
Cash-on-Cash
1.6%11
5-Year IRR
17.0%82
10-Year IRR
16.2%
Returns Index
45.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
33/ 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
$35,796/yr
NOI
$24,587/yr
Net Cash Flow
$133/mo
Cash Margin
4.5%11
Cash Flow Index
10.8/ 100
Risk Profile
Weight: 20%
DSCR
1.0733
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
38.2/ 100

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

Comparables

Properties near 916 Leonard Avenue

Time

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