550 Wellington Street, Minto

$515,000
550 Wellington Street

$515,000

New
21d
DetachedBungalow

550 Wellington Street, Minto

Total Monthly Obligation $2,634

HausQ Valuation Report
Beds
2
Baths
1
Park
3
Sqft
700-1100
DOM
21d
Score
27
Yield
6.5%
Cash on Cash
4.7%
Cap Rate
5.6%
5Y IRR
19.4%
10Y IRR
17.7%
Property Type-Detached
MLS® Number-X13857164
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-65.92 × 129.63 ft
Listed on site-Oct 2, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,185 (2026)
Parking-3 - None
Basement-Partial Basement, Unfinished
Heating-Forced Air (Gas)
Brokerage-Wilfred McIntee & Co Limited
Cooling-None
Laundry-No
Fireplace-Electric
Pool-None
Facing-East
Exterior-Vinyl Siding, Wood
Roof-Metal
Foundation-Stone
Sewer-Sewer
Possession-Imediate
Neighbourhood-Minto
Title-Residential Freehold

No agent assigned

Full interior and exterior renovated home with massive fenced yard, this beautifully finished 2 bedroom home offers custom quality, single floor living with virtually everything brand new. Major upgrades include all new windows, brand new roof, upgraded insulation, completely new wiring, updated breaker panel with 100-amp service, new gas furnace, and brand new gas hot water heater for long term peace of mind. The stunning interior has been completely redone and features bright, functional living spaces designed for modern comfort. The kitchen comes fully equipped with brand new appliances including fridge, stove, dishwasher, washer, and dryer. Offering convenient one floor living with 2 bedrooms and an inviting main living area, this home is ideal for anyone looking for a turnkey property. Step outside and enjoy the huge fully fenced backyard - perfect for kids, pets, entertaining, or relaxing outdoors. Simply move in and enjoy knowing the heavy lifting has already been done.

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

Closing Costs

Mortgage Amount
$412,000
Land Transfer Taxes$6,775
Legal Fees (Est.)
$
Total cash required for closing$111,275

Total Monthly Obligation

$2,634/mo
Mortgage $2,077
Monthly Loss $2,088
Principal$547
Interest$1,531
Property Tax$182
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.6%33
Cash-on-Cash
-1.3%6
5-Year IRR
14.6%69
10-Year IRR
14.3%
Returns Index
36.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$33,540/yr
NOI
$23,501/yr
Net Cash Flow
-$119/mo
Cash Margin
-4.3%2
Cash Flow Index
2.1/ 100
Risk Profile
Weight: 20%
DSCR
0.9423
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
34.2/ 100

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

Comparables

Properties near 550 Wellington Street

Time

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