11 Concession 13 Townsend Road, Norfolk

$1,199,000
11 Concession 13 Townsend Road

$1,199,000

New
8d
DetachedBungalow

11 Concession 13 Townsend Road, Norfolk

Total Monthly Obligation $5,211

Beds
3
Baths
3
Park
3
Sqft
2000-2500
DOM
8d
Score
15
Yield
2.7%
Cash on Cash
-9.7%
Cap Rate
2.5%
5Y IRR
8.0%
10Y IRR
8.7%
Property Type-Detached
MLS® Number-X14080884
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-99 × 215 ft
Listed on site-Oct 15, 2026
Style-Bungalow
Building Type-Detached
Parking-9 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Hardboard, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-FLEX
Neighbourhood-Townsend
Title-Residential Freehold

No agent assigned

Welcome to a beautifully appointed luxury bungalow where refined design, exceptional craftsmanship, and thoughtful functionality come together in perfect harmony. From the striking stone and Hardie board exterior to the architectural lighting and impressive triple-car garage with in-floor heating, every detail has been carefully considered to create an exceptional first impression. Inside, a bright and welcoming foyer opens into an expansive open-concept living space, beautifully finished with rich hardwood flooring throughout. The elegant living room is anchored by a sophisticated coffered ceiling, gas fireplace, and dramatic floor-to-ceiling windows that flood the space with natural light and create a seamless connection to the outdoors. At the heart of the home, the designer kitchen is both striking and highly functional, featuring floor-to-ceiling white cabinetry, quartz countertops, an oversized island with seating, and a separate prep kitchen complete with a walk-in pantry. Designed with both everyday living and effortless entertaining in mind, the kitchen flows seamlessly into the dining area, where expansive doors open to a covered patio for exceptional indoor-outdoor living. The private primary retreat is a true sanctuary, offering a spa-inspired ensuite with heated floors, a sleek glass infinity shower, and a luxurious soaker tub. Two additional well-appointed bedrooms, a stylish 4-piece bathroom, elegant powder room, and convenient main floor laundry complete the thoughtfully designed main level. The unfinished lower level offers an exceptional opportunity to further expand the living space, with room for two additional bedrooms, a full bathroom, and a generous recreation room or home gym. A finished staircase, bathroom rough-in, and partial framing are already in place, providing an excellent foundation for creating a customized lower-level retreat.

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$959,200
Land Transfer Taxes$20,455
Legal Fees (Est.)
$
Total cash required for closing$261,755

Total Monthly Obligation

$5,211/mo
Mortgage $4,836
Monthly Loss $3,939
Principal$1,273
Interest$3,564
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.9%0
5-Year IRR
5.3%12
10-Year IRR
6.9%
Returns Index
7.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$32,400/yr
NOI
$24,660/yr
Net Cash Flow
-$2,781/mo
Cash Margin
-103.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.424
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
16.9/ 100

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

Comparables

Properties near 11 Concession 13 Townsend Road

Time

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