58 Van Horne Crescent, North Bay

$399,900
58 Van Horne Crescent

$399,900

Sold Conditional Escape
15d
DetachedBungalow

58 Van Horne Crescent, North Bay

Total Monthly Obligation $2,323

Beds
3
Baths
2
Park
5
Sqft
700-1100
DOM
15d
Score
62
Yield
9.9%
Cash on Cash
16.9%
Cap Rate
8.2%
5Y IRR
29.4%
10Y IRR
26.4%
Property Type-Detached
MLS® Number-X13875466
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-164.93 × 105 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,019 (2026)
Parking-6 - Detached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-Century 21 Blue Sky Region Realty Inc., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-Rec Room, Fireplace Insert, Natural Gas
Pool-None
Facing-North
Exterior-Aluminum Siding, Brick Front
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-immediate
Neighbourhood-Ferris
Title-Residential Freehold

No agent assigned

Welcome to 58 Van Horne in family-friendly West Ferris! Set on a spacious, pie-shaped lot along a quiet curve, this inviting home offers a flexible layout, a large fenced backyard, and convenient access to everyday amenities. The main level features a spacious kitchen and living room, a primary bedroom, and a four-piece bathroom. A generous bonus room with its own exterior door opens onto the deck and backyard, providing extra space to relax, work, or spend time with family. Downstairs, you'll find a large recreation room with a gas fireplace, laundry area, and two additional bedrooms. Outside, enjoy the deck overlooking the expansive fenced yard-an ideal spot for entertaining, gardening, or watching children and pets play. Two parking areas offer added convenience: a traditional driveway leading to the oversized detached one-car garage, plus additional parking around the corner. The garage provides space for a vehicle while still leaving room for storage or hobbies. The location makes it easy to enjoy the neighbourhood and nearby amenities. Schools, restaurants, grocery stores, and shopping are all close by, along with the Kate Pace Way, a baseball park, and a hockey rink. Whether you're walking or driving, this home offers a practical setting with plenty to enjoy close to home. With its adaptable living spaces, generous outdoor area, and excellent location, 58 Van Horne is a wonderful opportunity to settle into West Ferris and make it your own.

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

Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,323/mo
Mortgage $1,613
Monthly Loss $1,899
Principal$424
Interest$1,189
Property Tax$335
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.8%60
Cash-on-Cash
9.0%44
5-Year IRR
23.2%97
10-Year IRR
21.5%
Returns Index
68.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeB
62/ 100
Fair•Hold / Negotiate

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$39,600/yr
NOI
$27,121/yr
Net Cash Flow
$647/mo
Cash Margin
19.6%72
Cash Flow Index
71.5/ 100
Risk Profile
Weight: 20%
DSCR
1.4065
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
50.7/ 100

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

Comparables

Properties near 58 Van Horne Crescent

Time

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