1168 Cameo Drive, Belair Park - Copeland Park and Area

$679,900
1168 Cameo Drive

$679,900

New
2d
DetachedBungalow

1168 Cameo Drive, Belair Park - Copeland Park and Area

Total Monthly Obligation $3,559

Beds
4
Baths
2
Park
2
Sqft
700-1100
DOM
2d
Score
19
Yield
5.0%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Detached
MLS® Number-X14101032
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-62 × 70 ft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$5,291.97 (2026)
Parking-2 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Membrane
Foundation-Poured Concrete
Sewer-Sewer
Possession-Dec 1
Neighbourhood-5405 - Copeland Park
Title-Residential Freehold

No agent assigned

Some neighbourhoods you only find if you know where to look. Copeland Park has just three ways in, so there's no through traffic and the streets stay quiet, yet downtown is still only 7 to 10 minutes away. This 1961 bungalow has been cared for over the years, and it shows the moment you walk in. Light pours through the big bay window onto warm hardwood floors, and the dining area opens straight out to a deck under mature trees, an easy spot to stretch a morning coffee into a second cup. The bright white kitchen has a full wall of tall cabinets, so everything has its place. Three bedrooms on the main floor keep their original hardwood, and the main bath is original and ready for your own touch. Downstairs, the partially finished lower level adds a family room, a fourth bedroom, a den and a second bath. The big jobs are done: main floor windows 2020, furnace 2016, front steps, walkway, landscaping and driveway 2017. Out the door, you're around the corner from the park, playground and tennis and pickleball courts, a couple of blocks from the bike paths, and an easy walk to Loblaws, Walmart and Shoppers. Open house Sunday, October 25, 2 to 4 PM, or book a private showing. 24 Hour Irrevocable, Schedule B1 to be included with offers.

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

Closing Costs

Mortgage Amount
$543,920
Land Transfer Taxes$10,073
Legal Fees (Est.)
$
Total cash required for closing$147,553

Total Monthly Obligation

$3,559/mo
Mortgage $2,743
Monthly Loss $2,837
Principal$722
Interest$2,021
Property Tax$441
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.3%31
10-Year IRR
10.1%
Returns Index
16.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$34,320/yr
NOI
$21,096/yr
Net Cash Flow
-$985/mo
Cash Margin
-34.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.4/ 100

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

Comparables

Properties near 1168 Cameo Drive

Time

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