1273 Thames Street, Carlington - Central Park

$650,000
1273 Thames Street

$650,000

Price Change
67d
Detached2-Storey

1273 Thames Street, Carlington - Central Park

Total Monthly Obligation $3,377

Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
67d
Score
23
Yield
6.1%
Cash on Cash
1.7%
Cap Rate
4.9%
5Y IRR
16.9%
10Y IRR
15.7%
Property Type-Detached
MLS® Number-X13682160
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-50 × 100 ft
Listed on site-Aug 17, 2026
Style-2-Storey
Building Type-Detached
Taxes-$4,566.85 (2026)
Parking-4 - Detached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX PRIME PROPERTIES
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Other
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-5301 - Carlington
Title-Residential Freehold

No agent assigned

Located in the popular Carlington neighbourhood, this versatile home offers a functional layout, several updates, and plenty of potential for its next owner. An inviting front porch welcomes you inside to a comfortable living room with crown moulding and a bright, separate dining area surrounded by windows. The updated kitchen features white cabinetry, a farmhouse sink, and stainless steel appliances. A recently updated 4-piece bathroom is conveniently located on the main level. At the rear of the home is a bright, versatile flex room that provides additional living space and could work well as a family room, sunroom, home office, or whatever best suits your needs. Upstairs, you'll find two bedrooms. The lower level provides additional usable space, including another 4-piece bathroom, a countertop with cabinets and a sink, and a second refrigerator. There's also a bedroom and a separate home office, offering flexibility for a variety of needs. Outside, the fully fenced yard features a deck with a covered veranda and a double-length garage providing plenty of room for parking, storage, or a workshop. Updates over the years include the roof, windows, kitchen, and bathroom. Conveniently located close to restaurants, shopping, public transit, and everyday amenities, with easy access to Highway 417. The property sits on a 50' x 100' lot, approximately 4,983.69 sq. ft. (0.114 acres). With its lot size and zoning(R4), the property may also offer potential for future redevelopment. Buyers are encouraged to verify zoning, permitted uses, and development possibilities with the appropriate authorities.24hr Irrevocable on all offers.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$520,000
Land Transfer Taxes$9,475
Legal Fees (Est.)
$
Total cash required for closing$140,975

Total Monthly Obligation

$3,377/mo
Mortgage $2,622
Monthly Loss $2,688
Principal$690
Interest$1,932
Property Tax$381
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.1%27
Cash-on-Cash
-3.7%3
5-Year IRR
12.8%56
10-Year IRR
12.8%
Returns Index
29.1/ 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
$39,348/yr
NOI
$26,346/yr
Net Cash Flow
-$426/mo
Cash Margin
-13.0%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8416
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
26.9/ 100

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

Comparables

Properties near 1273 Thames Street

Time

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