612 ELGIN Street, Laurentian Valley

$499,900
612 ELGIN Street

$499,900

New
7d
DetachedBungalow-Raised

612 ELGIN Street, Laurentian Valley

Total Monthly Obligation $2,724

HausQ Valuation Report
Beds
2
Baths
2
Park
4
Sqft
1100-1500
DOM
7d
Score
22
Yield
6.0%
Cash on Cash
0.6%
Cap Rate
4.7%
5Y IRR
16.1%
10Y IRR
15.0%
Property Type-Detached
MLS® Number-X14090282
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-90.55 × 126.35 ft
Listed on site-Oct 16, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$3,992.87 (2026)
Parking-6 - Detached
Basement-Partially Finished, Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood Stove
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-TBD
Neighbourhood-531 - Laurentian Valley
Title-Residential Freehold

No agent assigned

Pride of ownership is evident from the moment you walk into 612 Elgin Street! Loved and cared for by its original owner, this all-brick bungalow offers just over 1,200 sq. ft. on the main level! 2 bedrooms, 1.5 bathrooms and a charming sunroom to relax and unwind. The mostly finished basement features a kitchenette and, with some work, offers potential for an in-law setup or mortgage helper! The property also features a spacious detached heated double garage with additional workshop! Set on an approximately 90-by-126-foot lot in Laurentian Valley with no rear neighbour in sight! A well-loved home ready for its next chapter!

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

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,724/mo
Mortgage $2,016
Monthly Loss $2,194
Principal$531
Interest$1,486
Property Tax$333
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.3%2
5-Year IRR
11.5%46
10-Year IRR
11.8%
Returns Index
24.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$30,000/yr
NOI
$18,507/yr
Net Cash Flow
-$474/mo
Cash Margin
-19.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7613
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
30.3/ 100

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

Comparables

Properties near 612 ELGIN Street

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.