120 Herbert Street, The Nation

$499,900
120 Herbert Street

$499,900

New
23d
DetachedBungalow

120 Herbert Street, The Nation

Total Monthly Obligation $2,687

Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
23d
Score
25
Yield
6.5%
Cash on Cash
3.2%
Cap Rate
5.3%
5Y IRR
18.1%
10Y IRR
16.7%
Property Type-Detached
MLS® Number-X13844402
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-123.4 × 167.57 ft
Listed on site-Sep 30, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,550.8 (2026)
Parking-6 - Detached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE PERFORMANCE REALTY
Cooling-None
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-616 - Limoges
Title-Residential Freehold

No agent assigned

**Investment Opportunity with Flexible Living Options!** This versatile 3-bedroom split-level home offers plenty of space and flexibility, whether you're looking for an investment property, rental income, or room for extended family.The main level features a spacious kitchen that flows nicely into the dining and family rooms, creating a comfortable and functional space for everyday living and entertaining. A convenient laundry room is located just steps away. A few steps down, you'll find three generously sized bedrooms along with a full bathroom. The lower level adds even more potential with a separate living area featuring its own kitchen and eating space, living room, laundry room, and a large bedroom with a private ensuite bathroom. This setup is ideal for extended family, guests, or tenants looking for their own space and privacy. Outside, the oversized garage provides plenty of room for parking, storage, a workshop, or additional income potential. With its flexible layout, multiple living spaces, and income-producing possibilities, this home offers plenty of options for investors, extended families, or buyers looking to offset their mortgage with rental income.

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

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,687/mo
Mortgage $2,016
Monthly Loss $2,157
Principal$531
Interest$1,486
Property Tax$296
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-2.9%4
5-Year IRR
13.4%61
10-Year IRR
13.3%
Returns Index
31.6/ 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
$32,400/yr
NOI
$21,109/yr
Net Cash Flow
-$257/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
3.5 mo61
Risk Index
32.3/ 100

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

Comparables

Properties near 120 Herbert Street

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.

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Data last updated within the past 24 hours.