Likely sold or withdrawnWe last saw this listing 137 days ago. It may no longer be available — treat these numbers as a reference and confirm with the listing agent before acting.
⊞ View all 49
3-bed single_family investor view
24 Robinson St S, Grimsby, ON L3M3C4 · 1,796 sqft · $544/sqft
3 BED SINGLE-FAMILY HOMEListed 136d ago
$977,700
List price
Monthly profit
—
Cash needed
—
Return after costs
—
IRR
—
Weak
There is no rent on file here — put one you believe into the assumptions and every figure below moves with it.
Why it works
3.82% return before costs — around the area average for this property type
Nothing here is unusual enough, in either direction, to be a reason on its own.
Why to be cautious
3.82% return — below most lender Rent-covers-mortgage checks
Most lenders want the rent to cover about 1.25× the stressed mortgage payment. At this yield it may not.A bigger deposit fixes the lender test — it does not fix the return. See the lender's view →
No rent comparables — estimate is a rule-of-thumb fallback, not market data. Verify the rent locally before offering.