40 Cleak Avenue N, Bancroft

$325,000
40 Cleak Avenue N

$325,000

Price Change
35d
DetachedBungalow

40 Cleak Avenue N, Bancroft

Total Monthly Obligation $1,863

HausQ Valuation Report
Beds
3
Baths
1
Park
4
Sqft
700-1100
DOM
35d
Score
22
Yield
5.7%
Cash on Cash
-0.7%
Cap Rate
4.4%
5Y IRR
15.0%
10Y IRR
14.2%
Property Type-Detached
MLS® Number-X13804034
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-65 × 165 ft
Listed on site-Sep 18, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Taxes-$2,120 (2026)
Parking-4 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Piers
Sewer-Sewer
Possession-Flexible
Neighbourhood-Bancroft Ward
Title-Residential Freehold

No agent assigned

Welcome to downtown Bancroft! This charming, move-in-ready home is perfect for first-time buyers or those looking to downsize. Enjoy the convenience of walking to local amenities, plus recent updates including newer windows and roof, a modernized kitchen, and upgraded flooring throughout. Don't miss the chance to make this lovely home your own!

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$260,000
Land Transfer Taxes$3,350
Legal Fees (Est.)
$
Total cash required for closing$69,850

Total Monthly Obligation

$1,863/mo
Mortgage $1,311
Monthly Loss $1,518
Principal$345
Interest$966
Property Tax$177
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.4%32
10-Year IRR
10.2%
Returns Index
16.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$18,600/yr
NOI
$10,120/yr
Net Cash Flow
-$468/mo
Cash Margin
-30.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
5.2 mo85
Risk Index
37.1/ 100

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

Comparables

Properties near 40 Cleak Avenue N

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.

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

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Data last updated within the past 24 hours.