2213 CIRCLE Place, Elmvale Acres and Area

$750,000
2213 CIRCLE Place

$750,000

New
21d
DetachedBungalow

2213 CIRCLE Place, Elmvale Acres and Area

Total Monthly Obligation $3,806

Beds
5
Baths
3
Park
3
Sqft
700-1100
DOM
21d
Score
19
Yield
5.0%
Cash on Cash
-2.6%
Cap Rate
4.0%
5Y IRR
13.5%
10Y IRR
13.0%
Property Type-Detached
MLS® Number-X13856716
Beds-5
Bathrooms-3
Size-700-1100 sqft
Lot Size-46.11 × 104.04 ft
Listed on site-Oct 2, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,872.16 (2026)
Parking-4 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-REVEL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Stone, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-3703 - Elmvale Acres/Urbandale
Title-Residential Freehold

No agent assigned

Tucked away on a quiet circle in sought-after Elmvale Acres, this charming bungalow sits on a huge pie-shaped lot with minimal traffic. The attached garage has doors at both the front and back for easy drive-through access to the massive backyard, ideal for gardening, play or summer entertaining. The main level offers three bedrooms, two bathrooms, a well-laid-out kitchen, main floor laundry, and warm character throughout with gleaming hardwood floors. The recently renovated lower level has its own private entrance off a shaded, screened-in porch, making it a perfect in-law suite or income opportunity. It's bright and spacious, with new flooring, fresh paint, two bedrooms and a full bathroom. Close to parks, schools, shopping, transit and hospitals. A rare blend of space, flexibility and a true community setting. Don't miss it!

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

Closing Costs

Mortgage Amount
$600,000
Land Transfer Taxes$11,475
Legal Fees (Est.)
$
Total cash required for closing$162,975

Total Monthly Obligation

$3,806/mo
Mortgage $3,025
Monthly Loss $3,010
Principal$796
Interest$2,229
Property Tax$406
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.3%1
5-Year IRR
9.9%34
10-Year IRR
10.5%
Returns Index
18.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$37,644/yr
NOI
$24,507/yr
Net Cash Flow
-$983/mo
Cash Margin
-31.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
22.6/ 100

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

Comparables

Properties near 2213 CIRCLE Place

Time

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