16 Cornwell Crescent, Norwich

$1,087,700
16 Cornwell Crescent

$1,087,700

New
10d
DetachedBungalow

16 Cornwell Crescent, Norwich

Total Monthly Obligation $5,213

Beds
3
Baths
2
Park
4
Sqft
2000-2500
DOM
10d
Score
15
Yield
3.4%
Cash on Cash
-9.1%
Cap Rate
2.6%
5Y IRR
8.4%
10Y IRR
9.0%
Property Type-Detached
MLS® Number-X14030848
Beds-3
Bathrooms-2
Size-2000-2500 sqft
Lot Size-60.7 × 150.7 ft
Listed on site-Oct 13, 2026
Style-Bungalow
Building Type-Detached
Age-0-5
Taxes-$5,405 (2025)
Parking-6 - Attached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX a-b Realty Ltd Brokerage
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Family Room
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete, Concrete
Sewer-Sewer
Possession-To be determined
Neighbourhood-Norwich Town
Title-Residential Freehold

No agent assigned

Backing onto open countryside with no rear neighbors, this custom-built bungalow in Whisper Creek Estates offers an exceptional blend of executive living and small-town tranquility. Situated on an oversized lot in one of Norwich's most desirable neighborhoods, this home is thoughtfully designed for comfortable main-floor living and effortless entertaining. The timber-accented exterior, oversized garage, and covered rear patio create an inviting first impression. An accordion-style patio door extends the living space outdoors, opening to sweeping views of the surrounding fields. Inside, the open-concept layout features a custom kitchen with walk-in pantry, a spacious living room anchored by a stone gas fireplace, and a bright dining area ideal for gathering with family and friends. The primary suite offers a private retreat complete with an ensuite and walk-in closet, while two additional bedrooms provide flexibility for family, guests, or a home office. The lower level features 9-foot ceilings, large windows, and framing and drywall already in place for substantial additional living space, offering an excellent opportunity to finish the basement to suit your needs. A rare opportunity to enjoy the comfort and quality of a newer executive bungalow, with exceptional countryside views, thoughtful design, and room to grow-all in the welcoming community of Norwich.

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

Closing Costs

Mortgage Amount
$870,160
Land Transfer Taxes$18,229
Legal Fees (Est.)
$
Total cash required for closing$237,269

Total Monthly Obligation

$5,213/mo
Mortgage $4,387
Monthly Loss $4,058
Principal$1,155
Interest$3,233
Property Tax$450
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.7%0
5-Year IRR
5.6%13
10-Year IRR
7.2%
Returns Index
7.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$36,600/yr
NOI
$23,035/yr
Net Cash Flow
-$2,468/mo
Cash Margin
-80.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
16.9/ 100

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

Comparables

Properties near 16 Cornwell Crescent

Time

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