8 Mechanic Street W, North Glengarry

$368,000
8 Mechanic Street W

$368,000

New
15d
DetachedBungalow-Raised

8 Mechanic Street W, North Glengarry

Total Monthly Obligation $2,015

HausQ Valuation Report
Beds
2
Baths
1
Park
3
Sqft
700-1100
DOM
15d
Score
22
Yield
5.5%
Cash on Cash
-0.6%
Cap Rate
4.5%
5Y IRR
15.1%
10Y IRR
14.3%
Property Type-Detached
MLS® Number-X13877048
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-58.08 × 253 ft
Listed on site-Oct 8, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$1,862 (2026)
Parking-4 - Detached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX AFFILIATES MARQUIS LTD.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-718 - Maxville
Title-Residential Freehold

No agent assigned

This cozy, open concept raised bungalow has so much to offer. Before entering the home, you will arrive at this property's deep lot featuring many beautiful mature trees and outdoor space for all of your family's hobbies and activities. Once you enter through the front door, you will be welcomed by the bright and welcoming living and dining areas. As you move further into the home, you will arrive at a beautifully updated kitchen. Down the hall you will encounter the 3-piece bathroom, a spacious master bedroom and additional bedroom. You will also have plenty of storage space in the basement together with the washer and dryer. You will love the large, insulated detached garage for indoor parking during the harsh winter months. Located in the heart of Maxville, Ontario, you will have the benefit of all of the town's amenities while being just a short commute to Alexandria, Cornwall or Ottawa. As per Seller's Direction, all offers require 24h irrevocable.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$294,400
Land Transfer Taxes$3,995
Legal Fees (Est.)
$
Total cash required for closing$79,095

Total Monthly Obligation

$2,015/mo
Mortgage $1,484
Monthly Loss $1,624
Principal$391
Interest$1,094
Property Tax$155
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.3%1
5-Year IRR
9.9%35
10-Year IRR
10.6%
Returns Index
18.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$20,400/yr
NOI
$11,998/yr
Net Cash Flow
-$485/mo
Cash Margin
-28.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
4.8 mo80
Risk Index
35.9/ 100

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

Comparables

Properties near 8 Mechanic Street W

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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