1393 Mount Carmel Cemetary Road, Asphodel-Norwood

$349,900
1393 Mount Carmel Cemetary Road

$349,900

New
3d
DetachedBungalow

1393 Mount Carmel Cemetary Road, Asphodel-Norwood

Total Monthly Obligation $2,000

HausQ Valuation Report
Beds
3
Baths
2
Park
6
Sqft
1100-1500
DOM
3d
Score
61
Yield
9.6%
Cash on Cash
16.6%
Cap Rate
8.2%
5Y IRR
29.1%
10Y IRR
26.2%
Property Type-Detached
MLS® Number-X14100350
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-66 × 253 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,559 (2025)
Parking-6 - None
Basement-Full, Unfinished
Heating-Baseboard (Electric)
Brokerage-Royal LePage Our Neighbourhood Realty
Cooling-Window Unit(s)
Laundry-No
Fireplace-Wood
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Metal
Foundation-Block
Sewer-Septic
Possession-Other
Neighbourhood-Rural Asphodel-Norwood
Title-Residential Freehold

No agent assigned

This bright, move-in ready 1,200+ sq ft bungalow offers the ideal blend of quiet country living with town conveniences just minutes away. Situated on a private, dead-end road on a deep 0.37-acre lot, you're only steps to the local grocery store, hardware store, library, and Hastings waterfront, and an easy 30-minute drive to Peterborough. Inside, enjoy sun-filled living spaces surrounded by large windows, fresh flooring throughout, and the cozy, reliable heat of a WETT-certified wood stove. The updated kitchen features new countertops and newer appliances. The layout offers 3 comfortable bedrooms, a 4-piece ensuite with a dedicated soaker tub, a handy 2-piece powder room off the family room, and a generous main-floor laundry room. Step out back to a large private yard with endless room for campfires, outdoor dining, or a children's play set. Complete with new vanities, new metal roof (2025), new windows (2025), and a full unfinished basement ready for your personal design and future equity. Move straight in and enjoy peaceful country living without giving up town amenities!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$279,920
Land Transfer Taxes$3,724
Legal Fees (Est.)
$
Total cash required for closing$75,204

Total Monthly Obligation

$2,000/mo
Mortgage $1,411
Monthly Loss $1,628
Principal$371
Interest$1,040
Property Tax$213
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.6%58
Cash-on-Cash
8.3%40
5-Year IRR
22.5%96
10-Year IRR
20.9%
Returns Index
65.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeB
61/ 100
Fair•Hold / Negotiate

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$33,600/yr
NOI
$23,181/yr
Net Cash Flow
$520/mo
Cash Margin
18.6%67
Cash Flow Index
67.2/ 100
Risk Profile
Weight: 20%
DSCR
1.3762
LTV Ratio
80.0%18
Vacancy Buffer
4.7 mo79
Risk Index
53.0/ 100

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

Comparables

Properties near 1393 Mount Carmel Cemetary Road

Time

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