2053 Concorde Avenue, Cornwall

$629,900
2053 Concorde Avenue

$629,900

New
2d
DetachedBungalow-Raised

2053 Concorde Avenue, Cornwall

Total Monthly Obligation $3,422

Beds
4
Baths
3
Park
4
Sqft
1500-2000
DOM
2d
Score
20
Yield
5.6%
Cash on Cash
-1.5%
Cap Rate
4.3%
5Y IRR
14.4%
10Y IRR
13.7%
Property Type-Detached
MLS® Number-X14101670
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-56.37 × 152 ft
Listed on site-Oct 21, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$6,074 (2026)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-CAMERON REAL ESTATE BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-717 - Cornwall
Title-Residential Freehold

No agent assigned

Full brick raised bungalow with generous 1593 ft interior in desirable Sunrise Acres, a prestigious neighborhood close to parks, schools, groceries, restaurants and many other amenities. Landscaping at the front adds curb appeal, and the attached double garage provides space for parking and storage. Inside, a spacious living room welcomes you with natural sunlight and also features hardwood flooring that continues throughout the main floor. The kitchen offers plenty of quality cabinetry and ample countertop space while the formal dining space is a wonderful place to share a meal with family or gather over the holidays. A patio door just off the dining room leads to a large deck overlooking the yard, a great space to enjoy morning coffee or quiet evening conversation. The main floor includes three bedrooms along with a full bathroom and a convenient partial bath. Downstairs, the finished basement features a turnkey in-law suite with its own bedroom and 3-piece bathroom - a major value-add for extended family or multi-generational living. A must-see combination of size and features in a great area

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

Closing Costs

Mortgage Amount
$503,920
Land Transfer Taxes$9,073
Legal Fees (Est.)
$
Total cash required for closing$136,553

Total Monthly Obligation

$3,422/mo
Mortgage $2,541
Monthly Loss $2,753
Principal$669
Interest$1,872
Property Tax$506
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.4%38
10-Year IRR
10.9%
Returns Index
20.1/ 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
$35,460/yr
NOI
$21,340/yr
Net Cash Flow
-$763/mo
Cash Margin
-25.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
24.7/ 100

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

Comparables

Properties near 2053 Concorde Avenue

Time

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