7 Simmons Street, Cramahe

$469,000
7 Simmons Street

$469,000

New
22d
Detached2-Storey

7 Simmons Street, Cramahe

Total Monthly Obligation $2,450

HausQ Valuation Report
Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
22d
Score
28
Yield
6.8%
Cash on Cash
5.6%
Cap Rate
5.8%
5Y IRR
20.1%
10Y IRR
18.3%
Property Type-Detached
MLS® Number-X13847028
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-50 × 207 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$2,194 (2025)
Parking-3 - None
Basement-Partial Basement, Unfinished
Heating-Forced Air (Gas)
Brokerage-Royal Lepage Proalliance Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-Colborne
Title-Residential Freehold

No agent assigned

A Fresh Opportunity in the Heart of Colborne! Just a short stroll from Colborne's charming main street, this character-filled home offers a great combination of location, flexibility and outdoor living. Enjoy the convenience of local shops, restaurants and community amenities just minutes from your door. Inside, high ceilings and large windows create a bright, welcoming feel throughout the main floor. The updated kitchen offers a functional space for every day living and opens directly to the backyard, making it easy to enjoy summer meals and entertaining outdoors. A main-floor bedroom and laundry add everyday convenience, while the generously sized bathrooms provide plenty of comfort and functionality. Outside the beautiful backyard features mature landscaping, a lovely pergola and plenty of room to relax, garden, entertain or enjoy a quiet evening at home. With its walkable location, inviting character and wonderful outdoor space, this home is ready for its next chapter..

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$375,200
Land Transfer Taxes$5,855
Legal Fees (Est.)
$
Total cash required for closing$101,155

Total Monthly Obligation

$2,450/mo
Mortgage $1,892
Monthly Loss $1,952
Principal$498
Interest$1,394
Property Tax$183
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.7%34
Cash-on-Cash
-0.7%6
5-Year IRR
15.1%72
10-Year IRR
14.7%
Returns Index
38.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
28/ 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
$31,824/yr
NOI
$21,948/yr
Net Cash Flow
-$63/mo
Cash Margin
-2.4%3
Cash Flow Index
3.0/ 100
Risk Profile
Weight: 20%
DSCR
0.9724
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
36.5/ 100

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

Comparables

Properties near 7 Simmons 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.