28 Madoc Street, Marmora and Lake

$329,900
28 Madoc Street

$329,900

New
10d
DetachedBungalow

28 Madoc Street, Marmora and Lake

Total Monthly Obligation $1,881

Beds
2
Baths
1
Park
3
Sqft
700-1100
DOM
10d
Score
28
Yield
7.2%
Cash on Cash
6.3%
Cap Rate
5.9%
5Y IRR
20.6%
10Y IRR
18.8%
Property Type-Detached
MLS® Number-X14032454
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-103.16 × 79.74 ft
Listed on site-Oct 13, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$2,108.23 (2026)
Parking-3 - None
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-Century 21 Lanthorn Real Estate Ltd.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-Immediate
Neighbourhood-Marmora Ward
Title-Residential Freehold

No agent assigned

Discover this affordable bungalow in the heart of Marmora, conveniently located just a short walk from downtown and all amenities. This home offers 2 bedrooms plus a den that could serve as a 3rd bedroom, along with separate living and dining areas featuring hardwood floors. The kitchen includes a cozy eating area, while the mudroom/laundry area provides convenient access to both the kitchen and the 3-season sunroom overlooking the yard. Peace of mind with a gas furnace installed in 2023, and the asphalt shingle roof is approximately 12 years old. There's parking for 3 vehicles, plus a concrete pad ready for a new garage/shed to be built. Appliances are included, and some or all of the furniture can stay if desired, making this an appealing option for first-time buyers, downsizers, or investors. With a quick closing available, this affordable opportunity is ready for its next owner!

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

Closing Costs

Mortgage Amount
$263,920
Land Transfer Taxes$3,424
Legal Fees (Est.)
$
Total cash required for closing$70,904

Total Monthly Obligation

$1,881/mo
Mortgage $1,331
Monthly Loss $1,531
Principal$350
Interest$981
Property Tax$176
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.5%32
Cash-on-Cash
-1.5%5
5-Year IRR
14.6%68
10-Year IRR
14.3%
Returns Index
35.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
28/ 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
$23,880/yr
NOI
$14,884/yr
Net Cash Flow
-$90/mo
Cash Margin
-4.5%2
Cash Flow Index
2.0/ 100
Risk Profile
Weight: 20%
DSCR
0.9322
LTV Ratio
80.0%18
Vacancy Buffer
5.0 mo84
Risk Index
41.3/ 100

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

Comparables

Properties near 28 Madoc Street

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.