4491 Canborough Road, West Lincoln

$699,000
4491 Canborough Road

$699,000

Price Change
63d
Detached2-Storey

4491 Canborough Road, West Lincoln

Total Monthly Obligation $3,595

Beds
4
Baths
3
Park
6
Sqft
1500-2000
DOM
63d
Score
20
Yield
5.2%
Cash on Cash
-2.0%
Cap Rate
4.1%
5Y IRR
14.0%
10Y IRR
13.3%
Property Type-Detached
MLS® Number-X13699814
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-242.59 × 180.74 ft
Listed on site-Aug 21, 2026
Style-2-Storey
Building Type-Detached
Taxes-$4,801 (2025)
Parking-6 - None
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX NIAGARA REALTY LTD, BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-60 days
Neighbourhood-058 - Bismark/Wellandport
Title-Residential Freehold

No agent assigned

Set on a peaceful one-acre lot with no neighbouring homes in sight, 4491 Canborough Road offers a rare blend of country tranquility, character, and space. Originally built in the late 1880s, this charming 4-bedroom, 3-bathroom home beautifully reflects its heritage while offering 1,762 sq. ft. of living space for today's lifestyle. Surrounded by mature trees and open fields, the property provides a private and serene setting where you can enjoy the quiet of rural living. Inside, the home is filled with character and warmth. The living room is bright and spacious featuring a white brick fireplace that creates a cozy focal point, complemented by a classic wood mantel and inviting seating area. Large windows overlook the surrounding landscape and bring an abundance of natural light into the room. The warm wood accents throughout add character, while the spacious layout offers plenty of room for family gatherings. French doors provide an elegant connection to the adjoining spaces, creating a seamless flow throughout the main level.The large country kitchen features abundant cabinetry, generous workspace, and a central island perfect plus a spacious dining area for everyday meals and gathering with family and friends. The main floor bedroom and 2-piece bath both add flexibility for guests. The second level features three additional bedrooms. The primary suite is spacious with a cozy propane, gas fireplace and a 4-piece ensuite with a separate jetted tub. A second 4-piece bathroom and second floor laundry provides plenty of convenience. The basement is full and unfinished making it a great space for storage. With plenty of outdoor space to enjoy, this is an ideal opportunity for those looking to escape the noise and embrace a slower pace of life, while still being conveniently located in the Wellandport area. A truly special property where history, privacy, and country living come together.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,595/mo
Mortgage $2,820
Monthly Loss $2,853
Principal$742
Interest$2,078
Property Tax$400
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.9%1
5-Year IRR
10.2%37
10-Year IRR
10.7%
Returns Index
19.5/ 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
$36,396/yr
NOI
$23,455/yr
Net Cash Flow
-$865/mo
Cash Margin
-28.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
23.8/ 100

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

Comparables

Properties near 4491 Canborough Road

Time

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