328 Serenade Crescent, Blossom Park - Airport and Area

$998,800
328 Serenade Crescent

$998,800

New
8d
Detached2-Storey

328 Serenade Crescent, Blossom Park - Airport and Area

Total Monthly Obligation $4,954

Beds
4
Baths
4
Park
2
Sqft
1500-2000
DOM
8d
Score
19
Yield
5.2%
Cash on Cash
-1.8%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Detached
MLS® Number-X14079950
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-32 × 111.95 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,606.3 (2026)
Parking-4 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-90+ days
Neighbourhood-2602 - Riverside South/Gloucester Glen
Title-Residential Freehold

No agent assigned

OUTDOOR LIVING AT ITS FINEST IN RIVERSIDE SOUTH! Welcome to 328 Serenade Crescent, a beautifully upgraded 2018 Richcraft Cranbrook situated on a premium pie-shaped lot, offering 3+1 bedrooms, 3.5 bathrooms, 1,880 sq. ft. above grade, a finished lower level & double-car garage. Designed for comfort, style & effortless entertaining, this home offers exceptional indoor and outdoor living! Step inside to discover hardwood & ceramic flooring, quartz countertops, custom window coverings throughout, central vacuum, HRV & built-in surround sound. The finished lower level, refreshed in 2026, provides additional living space, OR a 4th bedroom for added versatility. THE BACKYARD IS A SHOWSTOPPER! Enjoy your own private outdoor retreat, thoughtfully designed with a spacious composite deck featuring a privacy wall & railing, a second deck, metal-roof gazebo & luxurious 2023 Arctic Spa hot tub. A powered storage shed adds convenience, while the interlock walkway & newly landscaped front yard enhance curb appeal. Additional highlights include a 6,200W generator with dedicated panel hookup, providing valuable backup power during outages. All appliances included! Ideally located just 1.5 km from Limebank O-Train Station, close to Riverside South Secondary School, École Jonathan-Pitre, parks, shopping & everyday amenities. A future City recreation complex is also planned along Earl Armstrong Road. With extensive upgrades, a premium lot & an incredible backyard already completed, this exceptional property offers the lifestyle you've been waiting for. MOVE IN, UNWIND & ENJOY! Full list of upgrades with years available.

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

Closing Costs

Mortgage Amount
$799,040
Land Transfer Taxes$16,451
Legal Fees (Est.)
$
Total cash required for closing$217,711

Total Monthly Obligation

$4,954/mo
Mortgage $4,029
Monthly Loss $3,894
Principal$1,060
Interest$2,969
Property Tax$551
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%23
Cash-on-Cash
-6.0%2
5-Year IRR
10.8%41
10-Year IRR
11.2%
Returns Index
21.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$51,672/yr
NOI
$35,399/yr
Net Cash Flow
-$1,079/mo
Cash Margin
-25.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo30
Risk Index
19.8/ 100

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

Comparables

Properties near 328 Serenade Crescent

Time

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