87 Houghton Street, Cambridge

$759,000
87 Houghton Street

$759,000

New
4d
Detached2-Storey

87 Houghton Street, Cambridge

Total Monthly Obligation $3,863

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
4d
Score
18
Yield
4.7%
Cash on Cash
-4.4%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.9%
Property Type-Detached
MLS® Number-X14094702
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-30.18 × 104.99 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,111.18 (2026)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ABOUTOWNE REALTY CORP.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick Front
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

Welcome to 87 Houghton Street - a move-in-ready freshly painted detached home offering over 1,500 sq. ft. of above-grade living space, 3 bedrooms, 3 bathrooms and a finished basement in Cambridge's desirable Hespeler neighbourhood. Enjoy quick access to Highway 401 East and West, making commuting in either direction a breeze. Ideally located close to Jamieson Plaza, St. Elizabeth Catholic School, Woodland Park Public School, and everyday amenities. Step inside to a bright and welcoming open-to-above foyer. This carpet-free home features durable and stylish SPC flooring throughout the main and second floors. The main level offers a spacious living room, functional kitchen with quartz countertop, with adjoining breakfast/dining area, and a convenient powder room.Upstairs, you'll find three well-sized bedrooms and two full bathrooms. The spacious primary bedroom features a walk-in closet and private ensuite with quartz countertop, while two additional good-sized bedrooms share a second full bathroom quartz countertop - a practical layout for families.The finished basement adds valuable living space and features engineered hardwood flooring, making it ideal for a recreation room, home office, gym or play area. Step outside to a fully fenced backyard with a deck . The concrete driveway, completed in 2022, adds both curb appeal and everyday convenience. With its move-in-ready condition, family-friendly layout and exceptional access to Highway 401, schools, shopping and amenities, 87 Houghton Street is a great opportunity for first-time buyers, young families and commuters. Book your private showing now.

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

Closing Costs

Mortgage Amount
$607,200
Land Transfer Taxes$11,655
Legal Fees (Est.)
$
Total cash required for closing$164,955

Total Monthly Obligation

$3,863/mo
Mortgage $3,062
Monthly Loss $3,057
Principal$806
Interest$2,256
Property Tax$426
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-8.9%1
5-Year IRR
8.6%26
10-Year IRR
9.5%
Returns Index
14.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$35,316/yr
NOI
$22,173/yr
Net Cash Flow
-$1,214/mo
Cash Margin
-41.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.8/ 100

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

Comparables

Properties near 87 Houghton Street

Time

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