55 Forestdale Crescent, Cornwall

$423,500
55 Forestdale Crescent

$423,500

Price Change
25d
Semi-Detached Bungalow-Raised

55 Forestdale Crescent, Cornwall

Total Monthly Obligation $2,387

Beds
3
Baths
2
Park
2
Sqft
700-1100
DOM
25d
Score
25
Yield
6.8%
Cash on Cash
3.7%
Cap Rate
5.4%
5Y IRR
18.5%
10Y IRR
17.0%
Property Type-Semi-Detached
MLS® Number-X13834814
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-34.74 × 96.52 ft
Listed on site-Sep 28, 2026
Style-Bungalow-Raised
Building Type-Semi-Detached
Taxes-$3,648 (2025)
Parking-2 - None
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-CAMERON REAL ESTATE BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick Front, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete, Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-717 - Cornwall
Title-Residential Freehold

No agent assigned

NORTH END LOCATION! Check out this 2 + 1 Bed, 2 Bath semi-detached bungalow, close to Eamer's Corners/Schools, Park, & Pool, Public Transit, Recreational Paths/Trails, Restaurants, & Shopping! Coming in by the front, you enter into a Foyer complete w/ a coat closet, an open concept bright Living Rm overlooking the backyard, a Dining Rm, + Kitchen w/ ample cabinetry! Patio door access off of the Dining area goes to a backyard/deck! Completing the Main Lvl, 1 Primary Bed complete w/ dbl closets, 1 Bed, & 3pc Bath. The Lower Lvl finish includes 1 Bed, a large Family Rm, 4pc Bath, a combination Laundry/Storage Room, + additional storage! Updates include, Main Lvl Bath mirror, + vanity, hood fan, some light fixtures, & storage shed platform/stand. Sellers require SPIS signed, and the Sellers require 1 full business day (9:00 AM - 5:00 PM) (6:59 PM irrevocability) to deal with any, and all offer(s) as the Sellers see fit.

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

Closing Costs

Mortgage Amount
$338,800
Land Transfer Taxes$4,945
Legal Fees (Est.)
$
Total cash required for closing$91,145

Total Monthly Obligation

$2,387/mo
Mortgage $1,708
Monthly Loss $1,938
Principal$450
Interest$1,259
Property Tax$304
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-3.0%4
5-Year IRR
13.4%60
10-Year IRR
13.3%
Returns Index
31.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$28,800/yr
NOI
$17,772/yr
Net Cash Flow
-$227/mo
Cash Margin
-9.5%1
Cash Flow Index
0.7/ 100
Risk Profile
Weight: 20%
DSCR
0.8718
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo69
Risk Index
34.9/ 100

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

Comparables

Properties near 55 Forestdale Crescent

Time

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