312 Cunningham Avenue E, Alta Vista and Area

$899,000
312 Cunningham Avenue E

$899,000

New
3d
Detached2-Storey

312 Cunningham Avenue E, Alta Vista and Area

Total Monthly Obligation $4,611

Beds
4
Baths
2
Park
2
Sqft
2000-2500
DOM
3d
Score
20
Yield
5.4%
Cash on Cash
-1.6%
Cap Rate
4.2%
5Y IRR
14.3%
10Y IRR
13.6%
Property Type-Detached
MLS® Number-X14097104
Beds-4
Bathrooms-2
Size-2000-2500 sqft
Lot Size-69.92 × 119.4 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,314 (2026)
Parking-3 - Detached
Basement-Partially Finished, Full
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER SARAZEN REALTY
Cooling-None
Laundry-No
Fireplace-Wood
Pool-None
Facing-North
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate possession
Neighbourhood-3606 - Alta Vista/Faircrest Heights
Title-Residential Freehold

No agent assigned

Featuring the Estate of Courtney George Tower, for sale a two storey home located on a large lot on Cunningham Ave off Alta Vista, in a very desirable area. Highlighting two bedroom on the main floor & two bedroom on the second floor, with one full bathroom on each level. The kitchen has granite counter tops & vinal flooring. Spacious living room w/wood burning fireplace & dinning room with hardwood floors. Elegant hardwood stairs leads you to the second level. Large master bedroom w/hardwood floors and a spacious walk-in-closet and an ensuite bath. Approximately half of the basement is finished. The property & all appliances are being sold in "as is condition" and with no warranty from the Seller. Conditional on obtaining probate, probate is expected within a few weeks. Immediate possession available.

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

Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,611/mo
Mortgage $3,626
Monthly Loss $3,657
Principal$954
Interest$2,672
Property Tax$610
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%23
Cash-on-Cash
-6.1%2
5-Year IRR
10.8%41
10-Year IRR
11.2%
Returns Index
21.7/ 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
$48,360/yr
NOI
$31,710/yr
Net Cash Flow
-$984/mo
Cash Margin
-24.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo32
Risk Index
20.5/ 100

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

Comparables

Properties near 312 Cunningham Avenue E

Time

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