516 Burton Avenue, Cornwall

$399,900
516 Burton Avenue

$399,900

New
5d
DetachedBungalow

516 Burton Avenue, Cornwall

Total Monthly Obligation $2,224

HausQ Valuation Report
Beds
3
Baths
2
Park
3
Sqft
700-1100
DOM
5d
Score
40
Yield
8.3%
Cash on Cash
10.9%
Cap Rate
6.9%
5Y IRR
24.4%
10Y IRR
22.0%
Property Type-Detached
MLS® Number-X14091666
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-30 × 130 ft
Listed on site-Oct 18, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,827 (2025)
Parking-3 - None
Basement-Finished, Full
Heating-Baseboard (Electric)
Brokerage-WHEELER SMART CHOICE REALTY BROKERAGE
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-717 - Cornwall
Title-Residential Freehold

No agent assigned

Welcome to this affordable 3 bedroom, 2 bathroom home nestled on a quiet street! The main floor features a welcoming open concept layout, seamlessly connecting the living room, dining area, and kitchen perfect for everyday living and spending time with family. The bright and spacious basement offers even more living space, complete with an extra large family room, an additional bedroom, a second bathroom, and storage space. Outside, you'll find a spacious yard with plenty of room for the family to enjoy. Whether you're a first-time homebuyer or looking for an affordable place to call home, this property is full of potential. Don't miss your chance to see this gem!

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,224/mo
Mortgage $1,613
Monthly Loss $1,799
Principal$424
Interest$1,189
Property Tax$236
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.6%45
Cash-on-Cash
3.5%16
5-Year IRR
18.6%88
10-Year IRR
17.6%
Returns Index
50.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
40/ 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
$33,000/yr
NOI
$22,373/yr
Net Cash Flow
$251/mo
Cash Margin
9.1%24
Cash Flow Index
23.6/ 100
Risk Profile
Weight: 20%
DSCR
1.1641
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo73
Risk Index
43.9/ 100

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

Comparables

Properties near 516 Burton Avenue

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.