502 Anderson Drive, Cornwall

$439,900
502 Anderson Drive

$439,900

New
3d
DetachedBungalow

502 Anderson Drive, Cornwall

Total Monthly Obligation $2,414

HausQ Valuation Report
Beds
3
Baths
2
Park
4
Sqft
700-1100
DOM
3d
Score
38
Yield
8.1%
Cash on Cash
10.1%
Cap Rate
6.8%
5Y IRR
23.7%
10Y IRR
21.4%
Property Type-Detached
MLS® Number-X14099720
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-50 × 128.57 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,171 (2025)
Parking-4 - None
Basement-Finished, Full
Heating-Forced Air (Wood)
Brokerage-CENTURY 21 SHIELD REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-30
Neighbourhood-717 - Cornwall
Title-Residential Freehold

No agent assigned

Welcome to 502 Anderson Drive! This inviting brick home is ready to welcome its next family, offering bedrooms on both levels and versatile space to suit your lifestyle. The finished basement features a cozy fireplace, creating the perfect setting for relaxing evenings or gathering with family. A convenient side entrance adds flexibility and potential for an in-law suite for extended family. Outside, enjoy a private, fenced backyard with a large deck-ideal for summer barbecues, entertaining friends, or unwinding at the end of the day. Situated in an established Cornwall neighbourhood close to schools, shopping, and everyday amenities, this home brings together comfort, convenience, and room to make it your own. Book your private showing today!

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$351,920
Land Transfer Taxes$5,273
Legal Fees (Est.)
$
Total cash required for closing$94,753

Total Monthly Obligation

$2,414/mo
Mortgage $1,774
Monthly Loss $1,947
Principal$467
Interest$1,307
Property Tax$264
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.5%44
Cash-on-Cash
3.1%15
5-Year IRR
18.3%87
10-Year IRR
17.3%
Returns Index
49.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
38/ 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
$35,460/yr
NOI
$24,243/yr
Net Cash Flow
$246/mo
Cash Margin
8.3%21
Cash Flow Index
20.8/ 100
Risk Profile
Weight: 20%
DSCR
1.1439
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
41.5/ 100

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

Comparables

Properties near 502 Anderson Drive

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.