24 Albery Court 4, Meaford

$499,000
24 Albery Court 4

$499,000

New
8d
Condo Townhouse2-Storey

24 Albery Court 4, Meaford

Total Monthly Obligation $3,036

Beds
3
Baths
2
Park
1
Sqft
1200-1399
DOM
8d
Score
20
Yield
6.3%
Cash on Cash
-2.9%
Cap Rate
4.0%
5Y IRR
13.3%
10Y IRR
12.8%
Property Type-Condo Townhouse
MLS® Number-X14078940
Beds-3
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Condo Townhouse
Age-16-30
Taxes-$2,534 (2025)
Maintenance-$612/mo
Locker-None
Parking-1 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Royal LePage Locations North
Cooling-Central Air
Laundry-Yes
Fireplace-Living Room, Natural Gas
Pool-None
Exterior-Hardboard, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Possession-Immediate
Neighbourhood-Meaford
Title-Residential Condo & Other

No agent assigned

Welcome to this inviting, updated three bedroom, 2 bathroom townhome. Main floor features a large, updated, eat in kitchen and a living room with gas fireplace and walk out to the new rear deck. Upstairs, two bedrooms with brand new carpets and a new balcony off the Primary Bedroom, a full 4pc bath with soaker tub and separate tiled walk in shower. Downstairs, a finished rec room, third bedroom/office, 3pc bath and in suite laundry. Walking distance to parks along Georgian Bay and situated on a school bus route, this property is the answer to maintenance free living in an appealing area.

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

Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$3,036/mo
Mortgage $2,013
Monthly Loss $2,506
Principal$530
Interest$1,483
Property Tax$211
Condo Fees$612
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.8%1
5-Year IRR
9.7%33
10-Year IRR
10.5%
Returns Index
17.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$31,200/yr
NOI
$15,802/yr
Net Cash Flow
-$696/mo
Cash Margin
-26.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo53
Risk Index
26.6/ 100

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

Comparables

Properties near 24 Albery Court 4

Time

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Data last updated within the past 24 hours.