828 Alpine Avenue, Britannia Heights - Queensway Terrace N and Area

$999,000
828 Alpine Avenue

$999,000

Extension
178d
Semi-Detached 2-Storey

828 Alpine Avenue, Britannia Heights - Queensway Terrace N and Area

Total Monthly Obligation $4,405

Beds
4
Baths
4
Park
1
Sqft
1500-2000
DOM
178d
Score
20
Yield
4.4%
Cash on Cash
-2.0%
Cap Rate
4.2%
5Y IRR
14.0%
10Y IRR
13.4%
Property Type-Semi-Detached
MLS® Number-X13055710
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-22.41 × 100 ft
Listed on site-Apr 28, 2026
Style-2-Storey
Building Type-Semi-Detached
Age-New
Parking-2 - Attached
Basement-Apartment, Full, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-SOLID ROCK REALTY
Cooling-None
Laundry-No
Fireplace-Family Room, Natural Gas
Pool-None
Facing-West
Exterior-Stone, Vinyl Siding
Roof-Flat
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-6203 - Queensway Terrace North
Title-Residential Freehold

No agent assigned

Sitting on a quiet street in desirable Queensway Terrace, this brand-new, semi-detached home awaits! And the bonus? A 1 bedroom apartment in the basement - perfect for supplemental income or multigenerational living! Be prepared to fall in love with the thought out custom details of this property. Your new home has a beautiful 8' slab entry door, an open-concept main floor plan with 10' ceilings and huge windows. The main floor has everything you've been looking for: A livingroom with large windows overlooking the street, a separate dining area, a powder room, and a family room with a balcony at the rear of the home. Let's not forget the magnificent kitchen with custom cabinetry and waterfall island with breakfast bar. The family room features a stone accent wall with a fireplace and a built-in bar closet. The Primary bedroom also has everything you're looking for, his + hers closets plus a 5 bedroom ensuite with double sinks, a separate glass shower and a freestanding soaker tub. There are 2 more bedrooms each with their own bathroom and there is also a convenient second-floor laundry room. The separately metred basement suite is a flexible space- perfect for additional income or for visiting family to have their own space. The basement suite has crazy high ceilings, an open concept kitchen/ dining/ living area, a separate bedroom with a large closet and a full bathroom. This never-lived-in home is minutes to public transit, shopping, schools but is also close nature- Brittania beach and the cycling trails along the river. Taxes are not yet assessed. Sold under power of sale. Sold As-Is, Where Is. Seller does not warranty any aspects of property, including but not limited to: sizes, taxes or condition.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$799,200
Land Transfer Taxes$16,455
Legal Fees (Est.)
$
Total cash required for closing$217,755

Total Monthly Obligation

$4,405/mo
Mortgage $4,030
Monthly Loss $3,344
Principal$1,060
Interest$2,969
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%23
Cash-on-Cash
-6.0%2
5-Year IRR
10.8%41
10-Year IRR
11.1%
Returns Index
21.6/ 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
$44,400/yr
NOI
$35,460/yr
Net Cash Flow
-$1,075/mo
Cash Margin
-29.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
21.2/ 100

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

Comparables

Properties near 828 Alpine Avenue

Time

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