1505 Frank Court, Cornwall

$415,000
1505 Frank Court

$415,000

New
10d
DetachedBungalow

1505 Frank Court, Cornwall

Total Monthly Obligation $2,348

HausQ Valuation Report
Beds
2
Baths
1
Park
2
Sqft
700-1100
DOM
10d
Score
23
Yield
6.4%
Cash on Cash
1.7%
Cap Rate
4.9%
5Y IRR
16.9%
10Y IRR
15.7%
Property Type-Detached
MLS® Number-X14034550
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-34.4 × 91.88 ft
Listed on site-Oct 13, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,590 (2026)
Parking-3 - Attached
Basement-None
Heating-Radiant (Gas)
Brokerage-RE/MAX AFFILIATES MARQUIS LTD.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Slab
Sewer-Sewer
Possession-TBA
Neighbourhood-717 - Cornwall
Title-Residential Freehold

No agent assigned

Welcome to 1505 Frank Court, a beautifully maintained 2-bedroom slab-on-grade home designed for easy, comfortable living. Whether you're looking to downsize, simplify your lifestyle, or find the perfect home base for your snowbird years, this property offers the convenience of one-level living with no stairs to worry about. Inside, you'll find a bright open-concept kitchen and living area that creates a welcoming space for everyday living and entertaining. In-floor radiant heating keeps the home cozy through the winter months, while ductless air conditioning provides comfort during the warmer weather. The spacious primary bedroom features a walk-in closet, offering plenty of convenient storage. Outside, approximately 3/4 of the backyard is fenced, offering a private area to relax, garden or enjoy the outdoors, along with a small garden shed for additional storage. If you've been thinking about simplifying life without giving up the comforts of home, 1505 Frank Court is definitely worth a look. An ideal choice for snowbirds, retirees, downsizers or anyone who appreciates the ease of single-level living.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$332,000
Land Transfer Taxes$4,775
Legal Fees (Est.)
$
Total cash required for closing$89,275

Total Monthly Obligation

$2,348/mo
Mortgage $1,674
Monthly Loss $1,908
Principal$441
Interest$1,233
Property Tax$299
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-5.0%2
5-Year IRR
11.8%49
10-Year IRR
12.1%
Returns Index
25.4/ 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
$26,400/yr
NOI
$15,670/yr
Net Cash Flow
-$368/mo
Cash Margin
-16.7%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo70
Risk Index
33.9/ 100

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

Comparables

Properties near 1505 Frank Court

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.