6 SANDRA Crescent, Grimsby

$699,000
6 SANDRA Crescent

$699,000

New
16d
DetachedBungalow-Raised

6 SANDRA Crescent, Grimsby

Total Monthly Obligation $3,523

Beds
3
Baths
2
Park
3
Sqft
700-1100
DOM
16d
Score
18
Yield
4.3%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Detached
MLS® Number-X13871262
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-34.45 × 100 ft
Listed on site-Oct 7, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-31-50
Taxes-$3,940.53 (2026)
Parking-3 - Carport
Basement-Walk-Up, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-542 - Grimsby East
Title-Residential Freehold

No agent assigned

Solid bungalow in a desirable Grimsby location, ideally situated directly across the street from a park and walking distance to Main St. The updated main floor features a bright, open-concept layout with a modern kitchen, 2 bedrooms and a full bath. The lower level offers an additional bedroom, full bath and excellent in-law suite potential. A great opportunity for you families, first time buyers or those upsizing from a condo in a family-friendly neighbourhood close to parks, schools, shopping and amenities.

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

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,523/mo
Mortgage $2,820
Monthly Loss $2,781
Principal$742
Interest$2,078
Property Tax$328
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.2%1
5-Year IRR
7.6%21
10-Year IRR
8.7%
Returns Index
11.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$29,940/yr
NOI
$18,505/yr
Net Cash Flow
-$1,277/mo
Cash Margin
-51.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.556
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
22.9/ 100

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

Comparables

Properties near 6 SANDRA Crescent

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.