562 Cordova Road, Marmora and Lake

$439,900
562 Cordova Road

$439,900

New
17d
DetachedBungalow

562 Cordova Road, Marmora and Lake

Total Monthly Obligation $2,361

Beds
2
Baths
1
Park
4
Sqft
700-1100
DOM
17d
Score
23
Yield
5.9%
Cash on Cash
0.8%
Cap Rate
4.8%
5Y IRR
16.2%
10Y IRR
15.1%
Property Type-Detached
MLS® Number-X13867344
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-145.78 × 119.61 ft
Listed on site-Oct 6, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,536.5 (2025)
Parking-5 - Detached
Basement-None
Heating-Heat Pump (Other)
Brokerage-Royal Lepage ProAlliance Realty
Cooling-Central Air
Laundry-No
Fireplace-Wood Stove
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete, Slab
Sewer-Septic
Possession-Immediate
Neighbourhood-Marmora Ward
Title-Residential Freehold

No agent assigned

Your affordable waterfront getaway awaits! Located on approximately 120 ft. of Beaver Creek waterfront, this spacious 2-bedroom, 4-season bungalow offers the perfect blend of comfort, recreation and convenience. Inside, you'll find a formal dining room, vinyl windows, updated kitchen cabinetry and flooring, plus a 3-piece bathroom with heated tile flooring. The bedroom features a lovely walk-out to the deck and waterfront. Recent improvements also include a heat pump system and an L-shaped composite deck designed for outdoor entertaining. For the hobbyist or outdoor enthusiast, the 14' x 44' detached garage, offering plenty of room for toys, equipment and a workshop/man cave. The property also features a heated water line with excellent water treatment system, owned hot water tank, Pacific Energy woodstove with WETT Certificate, and 5 appliances. Spend summer evenings in the hot tub overlooking the water, relax on your private dock, or take the boat out for a short trip to Crowe Lake and the Sandbar. With Marmora just 2.5 km away, shops, the water park and other amenities are all within easy reach. Waterfront living, recreational fun and small-town convenience-all in one!

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

Closing Costs

Mortgage Amount
$351,920
Land Transfer Taxes$5,273
Legal Fees (Est.)
$
Total cash required for closing$94,753

Total Monthly Obligation

$2,361/mo
Mortgage $1,774
Monthly Loss $1,894
Principal$467
Interest$1,307
Property Tax$211
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.5%2
5-Year IRR
11.4%45
10-Year IRR
11.7%
Returns Index
23.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$25,740/yr
NOI
$16,130/yr
Net Cash Flow
-$430/mo
Cash Margin
-20.1%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo70
Risk Index
33.5/ 100

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

Comparables

Properties near 562 Cordova Road

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.