1582 Mount Pleasant Road, Cavan Monaghan

$689,900
1582 Mount Pleasant Road

$689,900

New
2d
DetachedBungalow

1582 Mount Pleasant Road, Cavan Monaghan

Total Monthly Obligation $3,591

Beds
3
Baths
2
Park
4
Sqft
1500-2000
DOM
2d
Score
19
Yield
5.1%
Cash on Cash
-2.6%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
13.0%
Property Type-Detached
MLS® Number-X14104148
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-115 × 150 ft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,197 (2026)
Parking-6 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-Realty Guys Inc.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Septic
Possession-FLEXABLE
Neighbourhood-Cavan Twp
Title-Residential Freehold

No agent assigned

LOCATION, LOCATION, LOCATION!!! Located on the west fringe of Peterborough. Excellent for commuters, minutes to the hospital and all amenities. Larger than it looks this APPROXIMATELY 1700 SQUARE FT Ranch Bungalow offers private living room, dining with nice bay window, Nice kitchen with lots of cupboards with walk out close by, to the over sized double garage, huge cozy family room behind the garage with walk out to a 3 season sunroom, 2 pc bath, 3 good sized bedrooms and a 4 pc bath with separate shower stall and separate tub. The lower level offers a large rec room, work shop room, laundry room and lots of storage. This large home sits on a beautiful flat lot with mature trees around the perimeter. The decor in this home is older but has good bones. A MUST SEE. POTENTIAL PLUS.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$551,920
Land Transfer Taxes$10,273
Legal Fees (Est.)
$
Total cash required for closing$149,753

Total Monthly Obligation

$3,591/mo
Mortgage $2,783
Monthly Loss $2,859
Principal$732
Interest$2,051
Property Tax$433
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.5%1
5-Year IRR
9.7%34
10-Year IRR
10.4%
Returns Index
18.0/ 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
$35,520/yr
NOI
$22,271/yr
Net Cash Flow
-$927/mo
Cash Margin
-31.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.5/ 100

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

Comparables

Properties near 1582 Mount Pleasant Road

Time

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