28 5th Street E, Cornwall

$448,900
28 5th Street E

$448,900

Price Change
15d
Semi-Detached 2-Storey

28 5th Street E, Cornwall

Total Monthly Obligation $2,339

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
15d
Score
26
Yield
6.4%
Cash on Cash
4.2%
Cap Rate
5.5%
5Y IRR
18.9%
10Y IRR
17.4%
Property Type-Semi-Detached
MLS® Number-X13879912
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-34.59 × 124.6 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Semi-Detached
Age-100+
Taxes-$1,834 (2025)
Parking-3 - None
Basement-Unfinished, Full, Exposed Rock
Heating-Forced Air (Gas)
Brokerage-REALTY EXECUTIVES REAL ESTATE LTD
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Aluminum Siding
Roof-Asphalt Rolled
Foundation-Stone, Brick
Sewer-Sewer
Possession-Immediate
Neighbourhood-717 - Cornwall
Title-Residential Freehold

No agent assigned

Welcome to The Red House on Fifth! Located in Cornwall's historic Square Mile, this tastefully updated 2-storey semi-detached home offers the perfect blend of character, comfort, and investment potential. With approx 1,200 sqft of bright, functional living space, this move-in-ready home features 3 bedrooms, 2 bathrooms, and a thoughtfully updated interior highlighted by historic trim & staircase, solid wood kitchen countertops, and convenient main-floor laundry. The second floor offers three comfortably sized bedrooms, a full bathroom, and a versatile flex space that is ideal for a home office, reading nook, or art studio. Outside, enjoy a fully fenced backyard with mature landscaping, a covered deck complete with a bar-top counter and plenty of room for entertaining. Recent exterior improvements include a rebuilt front porch, restored Victorian fascia, fresh exterior paint, a new front entry door, and an asphalt roof replaced in 2023. Situated on a generous 34' x 124' lot with a private three-car driveway, this home is just steps from downtown shops, restaurants, the St. Lawrence River waterfront, the Waterfront Trail, and Cornwall's cycling network. Key local amenities like the Cornwall Community Hospital, St. Lawrence College, and the Seaway International Bridge are all just minutes away. Whether you're searching for a charming place to call home or a property with excellent rental flexibility, this one checks all the boxes. The central location, onsite parking, and flexible layout make it well suited for owner-occupants, furnished rentals, or short-term rental opportunities.

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

Closing Costs

Mortgage Amount
$359,120
Land Transfer Taxes$5,453
Legal Fees (Est.)
$
Total cash required for closing$96,733

Total Monthly Obligation

$2,339/mo
Mortgage $1,811
Monthly Loss $1,862
Principal$476
Interest$1,334
Property Tax$153
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-2.2%4
5-Year IRR
13.9%64
10-Year IRR
13.7%
Returns Index
33.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$28,800/yr
NOI
$19,586/yr
Net Cash Flow
-$179/mo
Cash Margin
-7.4%1
Cash Flow Index
1.1/ 100
Risk Profile
Weight: 20%
DSCR
0.9020
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo70
Risk Index
36.1/ 100

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

Comparables

Properties near 28 5th Street E

Time

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