10 Birmingham Drive 129, Cambridge

$499,900
10 Birmingham Drive 129

$499,900

Price Change
14d
Common Element Condo3-Storey

10 Birmingham Drive 129, Cambridge

Total Monthly Obligation $2,778

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
14d
Score
23
Yield
6.5%
Cash on Cash
1.1%
Cap Rate
4.8%
5Y IRR
16.4%
10Y IRR
15.3%
Property Type-Common Element Condo
MLS® Number-X13883152
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 9, 2026
Style-3-Storey
Building Type-Common Element Condo
Age-0-5
Taxes-$4,612 (2026)
Maintenance-$176.72/mo
Locker-None
Parking-2 - Attached
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX TWIN CITY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick Veneer, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Flexible
Title-Residential Condo & Other

No agent assigned

Welcome to 10 Birmingham Drive #129, Cambridge! This modern 2023-built three-story townhome offers low condo fees, open-concept living, and a private balcony - all in a location that makes commuting, shopping, and everyday errands effortless. With bright interiors, smart layout choices, and amenities close at hand, it's a home designed for easy living. Check out our TOP 5 reasons why this home is the right fit for you. 5: LOCATION: You're less than five minutes from Highway 401. Hespeler Road gives you Cambridge's main shopping corridor, with the Smart Centre, major retailers, Cambridge Centre, transit, and fitness options all close by. It's a location that keeps life convenient and commuting simple. 4: MAIN FLOOR: Enter through your private driveway and garage into a functional entry level complete with a powder room - a practical touch for busy mornings or guests. 3: PRIVATE BALCONY: The carpet-free main level opens onto a large private balcony. It's an ideal spot for morning coffee, unwinding after work, or enjoying a quiet moment outdoors. 2: OPEN-CONCEPT LIVING: The kitchen, dining, and living areas feel bright and connected, with large windows and laminate flooring throughout. Granite countertops, stainless steel appliances, and an island with breakfast bar give the kitchen a clean, contemporary finish - perfect for cooking, hosting, or catching up. 1: BEDROOMS & BATHROOM: Upstairs you'll find two bright bedrooms and a four-piece bathroom with a shower/tub combo. Laundry is conveniently located on this level too - a small detail that makes everyday life easier. From the private balcony to the commuter-friendly location, this home offers a lifestyle that's hard to find - and even harder to pass up. Come take a look - you'll understand the appeal the moment you're inside. Some visuals in this video are AI-generated for illustrative purposes.

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Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,778/mo
Mortgage $2,016
Monthly Loss $2,247
Principal$531
Interest$1,486
Property Tax$384
Condo Fees$177
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-3.9%3
5-Year IRR
12.6%55
10-Year IRR
12.7%
Returns Index
28.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$32,352/yr
NOI
$19,984/yr
Net Cash Flow
-$351/mo
Cash Margin
-13.0%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8315
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo59
Risk Index
30.8/ 100

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

Comparables

Properties near 10 Birmingham Drive 129

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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Data last updated within the past 24 hours.