2 Sparrow Crescent, East Luther Grand Valley

$849,000
2 Sparrow Crescent

$849,000

New
92d
Detached2-Storey

2 Sparrow Crescent, East Luther Grand Valley

Total Monthly Obligation $4,244

Beds
3
Baths
3
Park
2
Sqft
2000-2500
DOM
92d
Score
17
Yield
4.5%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.5%
Property Type-Detached
MLS® Number-X13596776
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-45.86 × 101.55 ft
Listed on site-Jul 23, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$5,337.24 (2025)
Parking-4 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX NOBLECORP REAL ESTATE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Grand Valley
Title-Residential Freehold

No agent assigned

Welcome to 2 Sparrow Crescent, a stunning Thomasfield Homes residence located in the heart of the charming and family-oriented community of Grand Valley. Situated on a premium 46 x 120 ft corner lot on a quiet street, this beautifully maintained 4-year-old home offers exceptional privacy with no rear neighbours and picturesque green space behind. Boasting 3 spacious bedrooms and 3 bathrooms, this move-in-ready home features a bright, open-concept floor plan with quality finishes throughout. The inviting main level showcases upgraded laminate flooring, elegant lighting, custom zebra blinds, and a seamless flow between the living room, dining area, and modern eat-in kitchen. Designed for both everyday living and entertaining, the kitchen is complete with quartz countertops, a glass tile backsplash, stainless steel appliances, and a large centre island with additional storage. Upstairs, the spacious primary suite offers two walk-in closets and a beautifully appointed ensuite featuring a double quartz vanity and an oversized glass shower. Two additional generously sized bedrooms provide large windows and ample closet space, while the main bathroom includes a double quartz vanity and a skylight that fills the space with natural light. Step outside to a fully fenced backyard, perfect for relaxing, entertaining, or enjoying peaceful evenings with the added benefit of no neighbours behind. Combining stylish finishes, functional living spaces, and a desirable location, this exceptional home is ready for you to move in and enjoy.

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

Closing Costs

Mortgage Amount
$679,200
Land Transfer Taxes$13,455
Legal Fees (Est.)
$
Total cash required for closing$184,755

Total Monthly Obligation

$4,244/mo
Mortgage $3,425
Monthly Loss $3,343
Principal$901
Interest$2,523
Property Tax$445
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.3%25
10-Year IRR
9.3%
Returns Index
13.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$37,800/yr
NOI
$24,183/yr
Net Cash Flow
-$1,409/mo
Cash Margin
-44.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
20.2/ 100

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

Comparables

Properties near 2 Sparrow Crescent

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.