2376 Rondel Street S, Blackburn Hamlet

$559,700
2376 Rondel Street S

$559,700

New
2d
Att/Row/Townhouse2-Storey

2376 Rondel Street S, Blackburn Hamlet

Total Monthly Obligation $2,955

Beds
4
Baths
2
Park
1
Sqft
1500-2000
DOM
2d
Score
23
Yield
6.0%
Cash on Cash
1.5%
Cap Rate
4.9%
5Y IRR
16.7%
10Y IRR
15.6%
Property Type-Att/Row/Townhouse
MLS® Number-X14104196
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-30 × 100 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$3,867.16 (2026)
Parking-2 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-2303 - Blackburn Hamlet (South)
Title-Residential Freehold

No agent assigned

Fully renovated and turn-key-welcome home! ALL NEW as of September 2026: Roof & required sheathing replacement, front garage door + Auto garage door opener, ALL windows throughout, flooring (upgraded carpet & SCLVP), kitchen & bath updates, whole-home ESA Electrical Certificate, fresh paint palette, front deck, and landscaped gardens-plus a 2024 Furnace for complete peace of mind. Beyond the impressive updates, this generous TRUE 4-bedroom home features a rare carriage home design with a drive-through garage and direct side-door access to the second garage door and patio. The main floor offers a bright eat-in kitchen with a picture window, a family-sized dining room, and an expansive living room boasting a stunning bow window overlooking your kid/pet-friendly backyard. A farm-chic main-floor bath and abundant 4-season closet space complete this level. Upstairs, walk on brand-new carpet with upgraded under pad with 4 exceptionally spacious bedrooms-no fighting over who gets the biggest room! The upstairs bath combines new plumbing fixtures, vanity with mid-century modern charm, and a bonus spacious linen closet adds 2nd level convenience. The unfinished lower level with 2 new windows is prepped for workshop space, custom family room, or ample storage. Located in desirable Blackburn Hamlet-steps to shopping, schools, public pools, and the famous NCC Community Gardens, with quick highway access bypassing Hwy 174 traffic. A true charmer from top to bottom!

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

Closing Costs

Mortgage Amount
$447,760
Land Transfer Taxes$7,669
Legal Fees (Est.)
$
Total cash required for closing$121,109

Total Monthly Obligation

$2,955/mo
Mortgage $2,258
Monthly Loss $2,361
Principal$594
Interest$1,664
Property Tax$322
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.2%3
5-Year IRR
12.4%53
10-Year IRR
12.5%
Returns Index
27.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$33,828/yr
NOI
$22,078/yr
Net Cash Flow
-$418/mo
Cash Margin
-14.8%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo55
Risk Index
29.3/ 100

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

Comparables

Properties near 2376 Rondel Street S

Time

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