282 ROSS Street, St. Thomas

$449,900
282 ROSS Street

$449,900

Sold Conditional Escape
8d
Detached1 1/2 Storey

282 ROSS Street, St. Thomas

Total Monthly Obligation $2,454

HausQ Valuation Report
Beds
3
Baths
3
Park
5
Sqft
1500-2000
DOM
8d
Score
31
Yield
7.5%
Cash on Cash
7.6%
Cap Rate
6.2%
5Y IRR
21.6%
10Y IRR
19.6%
Property Type-Detached
MLS® Number-X14081722
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-48 × 116 ft
Listed on site-Oct 15, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$3,168 (2025)
Parking-7 - Detached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Metal
Foundation-Stone
Sewer-Sewer
Possession-Other
Neighbourhood-St. Thomas
Title-Residential Freehold

No agent assigned

Bigger than it appears and thoughtfully updated, this charming, move-in-ready home offers exceptional space, flexibility and convenience. The home features three bedrooms, one full bathroom, two half bathrooms and impressive high ceilings on the main floor.The main floor includes a formal living room, dining room, office/den, spacious updated kitchen and cozy family room with access to the back deck. Also on this level are a convenient bedroom, updated four-piece bathroom, two-piece bathroom and laundry room.Upstairs, you'll find two generous bedrooms, including a primary bedroom with a walk-in closet, along with a sitting area and two-piece bathroom with a rough-in for a future shower.Outside, enjoy the beautifully updated front porch, spacious back deck, patio area and additional storage shed. Car enthusiasts and hobbyists will appreciate the Heated and Insulated detached Double-car Garage and ample parking. Additional highlights include a durable metal roof & numerous updates throughout. With affordability, versatility and a convenient location, this home has so much to offer. Welcome Home!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$359,920
Land Transfer Taxes$5,473
Legal Fees (Est.)
$
Total cash required for closing$96,953

Total Monthly Obligation

$2,454/mo
Mortgage $1,815
Monthly Loss $1,976
Principal$478
Interest$1,337
Property Tax$264
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.0%38
Cash-on-Cash
0.8%9
5-Year IRR
16.4%79
10-Year IRR
15.8%
Returns Index
42.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
31/ 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
$33,600/yr
NOI
$22,572/yr
Net Cash Flow
$66/mo
Cash Margin
2.4%7
Cash Flow Index
7.4/ 100
Risk Profile
Weight: 20%
DSCR
1.0430
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo66
Risk Index
38.2/ 100

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

Comparables

Properties near 282 ROSS Street

Time

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