58 Severino Circle, West Lincoln

$609,000
58 Severino Circle

$609,000

New
11d
Att/Row/Townhouse2-Storey

58 Severino Circle, West Lincoln

Total Monthly Obligation $3,229

Beds
3
Baths
3
Park
1
Sqft
1100-1500
DOM
11d
Score
20
Yield
5.3%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Att/Row/Townhouse
MLS® Number-X14089148
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-21.26 × 86.52 ft
Listed on site-Oct 12, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$4,763.9 (2025)
Parking-2 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-NEWGEN REALTY EXPERTS
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Aluminum Siding, Brick
Roof-Unknown
Foundation-Other
Sewer-Sewer
Possession-TBD
Neighbourhood-057 - Smithville
Title-Residential Freehold

No agent assigned

Absolutely Stunning Townhouse. Welcome to 58 Severino Circle. This Beautiful 3-Bedroom, 2.5-Bathroom, Home Is Located in a Family-Friendly, Desirable Area of Smithville. This Is One of Few Executive Townhomes Backing onto Green Space in the Neighborhood. Uniquely backing onto the most serene conservation space,58 Severino's premium lot is located in heart of the family-friendly Smithville neighborhood. This home offers unparalleled tranquility, to a backyard that can be accessed not only off your kitchen balcony for peaceful morning coffees, but also via your walk-out basement. The charming front porch is enhanced by a newly renovated front walkway, steps, and storm door. Inside, the main floor boasts an inviting open-concept design with soaring 9-foot ceilings. The large living room, complete with freshly painted and newly refinished floors, flows seamlessly into a family-sized kitchen. The kitchen is a chef's dream, featuring granite countertops, a generous island, and sleek stainless steel appliances. Upstairs, the spacious primary suite is a true retreat, offering a walk-in closet and a luxurious 3-piece ensuite with a glass-enclosed shower. Two additional bedrooms share a modern 3-piece bathroom while the convenience of upper-floor laundry makes everyday living a breeze. The unfinished lower level is brimming with potential whether you envision an additional bedroom, a home gym, or an office, the space is yours to customize.

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

Closing Costs

Mortgage Amount
$487,200
Land Transfer Taxes$8,655
Legal Fees (Est.)
$
Total cash required for closing$131,955

Total Monthly Obligation

$3,229/mo
Mortgage $2,457
Monthly Loss $2,582
Principal$646
Interest$1,810
Property Tax$397
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.3%1
5-Year IRR
9.9%35
10-Year IRR
10.5%
Returns Index
18.5/ 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
$32,400/yr
NOI
$19,896/yr
Net Cash Flow
-$799/mo
Cash Margin
-29.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
25.6/ 100

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

Comparables

Properties near 58 Severino Circle

Time

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