53 Aspen Drive, Quinte West

$449,900
53 Aspen Drive

$449,900

New
4d
Att/Row/TownhouseBungalow

53 Aspen Drive, Quinte West

Total Monthly Obligation $2,460

HausQ Valuation Report
Beds
1
Baths
2
Park
3
Sqft
1100-1500
DOM
4d
Score
24
Yield
6.4%
Cash on Cash
2.7%
Cap Rate
5.2%
5Y IRR
17.7%
10Y IRR
16.3%
Property Type-Att/Row/Townhouse
MLS® Number-X14097184
Beds-1
Bathrooms-2
Size-1100-1500 sqft
Lot Size-24.21 × 271.27 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Att/Row/Townhouse
Taxes-$3,241 (2025)
Parking-4 - Attached
Basement-Full, Unfinished, Development Potential
Heating-Forced Air (Gas)
Brokerage-Re/Max Quinte Ltd.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Murray Ward
Title-Residential Freehold

No agent assigned

Welcome to this immaculate one-bedroom home with potential for a second bedroom, offering a thoughtfully designed and functional layout with room to grow. The spacious primary bedroom features a private ensuite & large walk-in closet, while a convenient main-floor powder room is ideal for guests. The open-concept kitchen, dining, and living area enhanced by a vaulted ceiling and attractive white California shutters throughout the main-floor windows truly makes this home so warm and inviting. The kitchen features pot lighting, a peninsula with seating, double sink, and a spacious pantry for additional storage. The unfinished basement offers excellent potential for future living space, including room for an additional bedroom and a rough-in for a full bathroom. The heated garage is perfect for vehicle enthusiasts or those looking for a comfortable year-round workshop, hobby, or storage space. Conveniently located close to everyday amenities and Highway 401, with a playground and park within walking distance. An excellent opportunity for first-time buyers, downsizers, or anyone looking for a move-in-ready home with a functional layout and future potential.

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(utilities, internet...)
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%
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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

$2,460/mo
Mortgage $1,815
Monthly Loss $1,982
Principal$478
Interest$1,337
Property Tax$270
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.0%27
Cash-on-Cash
-3.7%3
5-Year IRR
12.8%56
10-Year IRR
12.8%
Returns Index
29.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$28,800/yr
NOI
$18,179/yr
Net Cash Flow
-$300/mo
Cash Margin
-12.5%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8316
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
33.7/ 100

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

Comparables

Properties near 53 Aspen Drive

Time

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