65 Scott Street 2, East Luther Grand Valley

$524,999
65 Scott Street 2

$524,999

New
6d
Condo Townhouse2-Storey

65 Scott Street 2, East Luther Grand Valley

Total Monthly Obligation $3,026

Beds
3
Baths
2
Park
1
Sqft
1000-1199
DOM
6d
Score
16
Yield
3.8%
Cash on Cash
-12.1%
Cap Rate
2.0%
5Y IRR
6.1%
10Y IRR
7.3%
Property Type-Condo Townhouse
MLS® Number-X14090932
Beds-3
Bathrooms-2
Size-1000-1199 sqft
Listed on site-Oct 17, 2026
Style-2-Storey
Building Type-Condo Townhouse
Taxes-$3,401.74 (2026)
Maintenance-$425/mo
Locker-None
Parking-2 - Attached
Basement-Finished
Heating-Baseboard (Gas)
Brokerage-EXP REALTY
Cooling-None
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Possession-Flexable Contact L/A
Neighbourhood-Grand Valley
Title-Residential Condo & Other

No agent assigned

Not Your Typical Scott St. Townhouse! Welcome to the charming community of Grand Valley, where a beautifully reimagined main floor sets this home apart from the rest. Forget the traditional, closed-off townhouse layout! This thoughtfully renovated 3-bedroom home features a bright, spacious open-concept design that seamlessly connects the kitchen, dining and living areas, creating the perfect space for everyday living and entertaining. At the heart of the home is a stunning updated kitchen featuring sleek white cabinetry, modern countertops, a stylish backsplash, under-cabinet lighting and an expansive peninsula with breakfast bar seating. Updated flooring, recessed lighting, contemporary accent walls and a cozy fireplace bring warmth and character to the entire main floor. Upstairs, you'll find three comfortable bedrooms, while the additional basement space offers flexibility for a recreation room, home office or family retreat. Complete with two bathrooms, an attached garage and outdoor space to enjoy, this home offers the perfect balance of style, comfort and functionality. Nestled in a quiet townhouse community, you're just a short stroll from Grand Valley's downtown shops, schools, parks, trails and the beautiful Grand River. Enjoy the charm of small-town living while remaining conveniently connected to surrounding communities. Perfect for first-time buyers, young families or those looking to simplify without sacrificing style or space. Why settle for an ordinary townhouse when you can have one that's already been transformed? Move in, unpack and enjoy!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$419,999
Land Transfer Taxes$6,975
Legal Fees (Est.)
$
Total cash required for closing$113,475

Total Monthly Obligation

$3,026/mo
Mortgage $2,118
Monthly Loss $2,469
Principal$557
Interest$1,560
Property Tax$283
Condo Fees$425
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.4%9
Cash-on-Cash
-16.1%0
5-Year IRR
3.2%7
10-Year IRR
5.5%
Returns Index
4.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$20,100/yr
NOI
$7,188/yr
Net Cash Flow
-$1,519/mo
Cash Margin
-90.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.282
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
24.9/ 100

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

Comparables

Properties near 65 Scott Street 2

Time

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