29 Leslie Avenue, Norfolk

$499,000
29 Leslie Avenue

$499,000

New
8d
Detached2-Storey

29 Leslie Avenue, Norfolk

Total Monthly Obligation $2,740

Beds
2
Baths
2
Park
4
Sqft
1500-2000
DOM
8d
Score
31
Yield
7.6%
Cash on Cash
7.5%
Cap Rate
6.2%
5Y IRR
21.6%
10Y IRR
19.6%
Property Type-Detached
MLS® Number-X14081106
Beds-2
Bathrooms-2
Size-1500-2000 sqft
Lot Size-31.25 × 104 ft
Listed on site-Oct 15, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$4,228.93 (2026)
Parking-6 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Port Dover
Title-Residential Freehold

No agent assigned

Welcome to 29 Leslie Avenue, Port Dover. This beautifully maintained, move-in ready home effortlessly balances functionality with style, creating the perfect setting for modern family living. Situated on a private pie-shaped lot, this exceptional 2-storey detached home delivers striking architectural features, flexible living spaces, and substantial future potential. The main floor welcomes you into an impressive family room featuring soaring open-to-above ceilings and dramatic corner windows that flood the space with natural light. A cozy gas fireplace anchors the room, creating a warm, inviting focal point. The bright large kitchen offers a direct walkout to a spacious back deck, leading to a private, fully fenced backyard beautifully framed by mature trees. The functional floor plan provides two well-appointed bedrooms with clear potential to add a third, a spacious upper loft, two full bathrooms, and the convenience of main floor laundry. Parking is abundant with four driveway spaces and an attached two-car garage that offers direct inside entry to the home as well as a separate door leading to the backyard. The unfinished lower-level features eight-foot ceilings and a three-piece bathroom rough-in, ready for your custom recreation room, third full bathroom, additional bedroom, or an in-law suite. Located in a peaceful and safe neighbourhood, this home is just a five-minute walk to Lakeview Park and an eight-minute walk to the elementary school and daycare. Port Dover's Beach, Restaurants, Shops, and Marinas are only a few minutes more. Recent Upgrades include: Fuzion Laminate- main floor and loft (2021), Kitchen appliances (2021) Patio doors and windows replaced (2019-2021). Don't miss your chance to own this exceptional, turn-key home in a sought-after neighbourhood.

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(utilities, internet...)
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%
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Closing Costs

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

Total Monthly Obligation

$2,740/mo
Mortgage $2,013
Monthly Loss $2,211
Principal$530
Interest$1,483
Property Tax$352
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.1%39
Cash-on-Cash
1.1%10
5-Year IRR
16.6%80
10-Year IRR
15.9%
Returns Index
43.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
31/ 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
$37,800/yr
NOI
$25,291/yr
Net Cash Flow
$95/mo
Cash Margin
3.0%8
Cash Flow Index
8.3/ 100
Risk Profile
Weight: 20%
DSCR
1.0531
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo59
Risk Index
36.0/ 100

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

Comparables

Properties near 29 Leslie Avenue

Time

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Data last updated within the past 24 hours.