43 Victoria Street, Marmora and Lake

$327,500
43 Victoria Street

$327,500

New
16d
DetachedBungalow

43 Victoria Street, Marmora and Lake

Total Monthly Obligation $1,910

Beds
2
Baths
1
Park
5
Sqft
700-1100
DOM
16d
Score
27
Yield
7.3%
Cash on Cash
5.8%
Cap Rate
5.8%
5Y IRR
20.2%
10Y IRR
18.5%
Property Type-Detached
MLS® Number-X13872022
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-66 × 165 ft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,565 (2025)
Parking-6 - Detached
Basement-Crawl Space, Unfinished
Heating-Forced Air (Gas)
Brokerage-CONDO CULTURE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding, Brick Veneer
Roof-Asphalt Shingle, Fibreglass Shingle
Foundation-Unknown
Sewer-Sewer
Possession-Flexible
Neighbourhood-Marmora Ward
Title-Residential Freehold

No agent assigned

More than a two-bedroom bungalow-this property offers an updated home plus nearly 1,400 sq. ft. of detached garage, workshop and finished accessory space on the same lot.The move-in-ready main residence features two bedrooms, one updated bathroom, brand-new shingles, upgraded 200-amp electrical service and included appliances. It offers a practical opportunity to enter the market while gaining considerably more usable space than a typical two-bedroom home.The detached building has two distinct components. The original approximately 550 sq. ft. section provides garage and workshop space, while a permitted approximately 840 sq. ft. addition, completed about one year ago, provides finished accessory living and recreational space. Features include 10-foot ceilings, HVAC, a kitchenette, bathroom and automatic garage door.The finished addition is ready to serve a larger or extended family's changing needs, with space for recreation, entertaining, working from home, hobbies or a private retreat. For a buyer or investor with a longer-term plan, the existing size, services and improvements may also provide a head start toward exploring future rental use or further value-enhancing improvements, subject to zoning, permitted use and all required municipal approvals. Buyers should complete their own due diligence.Located in Marmora & Lake, minutes from Crowe Lake, Crowe River, Beaver Creek, Mag's Landing boat launch, Booster Park, beaches and extensive trail systems. Enjoy boating, fishing, kayaking, hiking, snowmobiling and small-town living along the Highway 7 corridor between Toronto and Ottawa.

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

Closing Costs

Mortgage Amount
$262,000
Land Transfer Taxes$3,388
Legal Fees (Est.)
$
Total cash required for closing$70,388

Total Monthly Obligation

$1,910/mo
Mortgage $1,321
Monthly Loss $1,562
Principal$348
Interest$973
Property Tax$214
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-2.0%5
5-Year IRR
14.2%66
10-Year IRR
14.0%
Returns Index
34.4/ 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
$23,880/yr
NOI
$14,427/yr
Net Cash Flow
-$119/mo
Cash Margin
-6.0%1
Cash Flow Index
1.5/ 100
Risk Profile
Weight: 20%
DSCR
0.9120
LTV Ratio
80.0%18
Vacancy Buffer
5.0 mo83
Risk Index
40.5/ 100

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

Comparables

Properties near 43 Victoria Street

Time

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