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2 BED TOWNHOUSEListed 76d ago

2-bed townhouse investor view

79 Esplanade Ln, Grimsby, ON L3M0H2

$599,900

5.51% grossimplied from BTL yield — not a comp

45/ 100

how this is calculated →

Caution

5.51% return before costs — market rent unverified, verify rent + comps locally.

Why it works

Why to be cautious

No rent comparables — estimate is a rule-of-thumb fallback, not market data. Verify the rent locally before offering.

Property research tool — not a regulated financial service. Numbers are point-in-time estimates; how we decide →

Price

$600K

Return before costs on price

5.51%

est rent $2,757not enough comparables

Cash needed

—

deposit + costs

Monthly profit

—

net of mgmt + voids

5y Return on your cash

—

after tax

IRR

—

cash + capital

How we define each return: On price — gross yield = annual rent ÷ purchase price. On cost — net yield ÷ total project cost (price + refurb + fees). On cash — cash-on-cash & ROI ÷ the actual cash you put in (deposit + costs).

Returns not yet calculated · Listing seen …

What-if calculator

Edit any input — outputs recalc live

Buy-to-Let. Standard rental on an Assured Shorthold Tenancy. Single household, market rent, paid monthly direct to landlord (or via agent). (hover any strategy tab for pros + cons)

Offer ($)

Monthly rent ($)

Estimated rent from few comparables — verify.

Financing

DepositYour cash in — the rest is the mortgage25% · $149,975

5%100% (cash buy)

Mortgage rate5y fixed7.0%

3.0%9.0%

Mortgage term (years)

Stress rate8.0%

5.0%9.0%

Acquisition costs

Refurb ($)

Legal + survey ($)

Mortgage fees ($)

Running costs

Management10%

0%20%

Void weeks

Insurance ($/mo)

Maintenance ($/mo)

Result · Rent it out

Monthly Monthly profit

—

after mortgage, operating costs & tax

Income

Monthly rent—

Outgoings

Mortgage—

Operating costs—

Income taxnot modelled · net is NOI basis

Returns

Return before costs on price—

Cash return on cash—

Gross margin—

Cash needed—

Data confidence

Lender stress test

Rent-covers-mortgage check—

What we verified

2 total · click to expand

20002 ok · 0 caution · 0 fail · 0 unknown

Investor

Tenant profileMixed demand

Tenant profilelikely cohort2 bed

Primary profile

Mixed demand

Nearest university

for student-let assessment

University of Glasgow · 5326.1 km

Reason

Mixed-demand area without a single dominant tenant cohort. Local lettings agent can clarify.

Heuristic from postcode + bedrooms + nearest-university distance · verify locally

Refurb costEstimate ready

Refurb cost& works budgetQ1 2026 rates

New kitchen + bathroom + light replumb + decor.

Total estimate

2-bed · 3-bath · 810 sqft

$28k–$56k

$ per sqft

building cost only

$35–$69

Per-item breakdown (4 lines)

Kitchen · Full unit replacement$3,840–$8,640
3 × bathroom · Full strip + retile$9,975–$19,950
Paint + decor$5,670–$10,530
Flooring · Carpet on bedrooms + LVT/laminate downstairs$8,910–$17,010

Guide rates · UK May 2026 · sqft auto-estimated from beds

Tier-based bands — get a builder quote before exchanging.

Price & sale history

Short-let (SA) context

Housing-benefit (LHA) scheme detail

Strategy matrix

Compare 7 strategies side-by-side · best shown with ⭐

Strategy	Return before costs on price	Monthly profit	Cash needed	5y Return on your cash on cash	Risk	Feasibility
Rent it out	—	—	—	—	Low	Feasible
Housing-benefit rent	—	—	—	—	Med	Feasible
Council lease	—	—	—	—	Low	Feasible
Refurb & refinance	—	—	—	—	Med	Feasible
Short-stay let / Airbnb	—	—	—	—	—	Disabled
Buy, improve & sell	—	—	—	—	Med	Feasible
Rent by the room	—	—	—	—	—	Disabled

Comparables

sold within 0.5 mi

Location & area intelligence

No transport data available for this property.

Schools & catchment

Acquisition costs

All figures in $

Purchase price$599,900

Deposit (25%)$149,975

Refurb$0

Legal + survey$2,400

Mortgage fees$1,498

Total cash neededdeposit + costs (loan covers the rest)$203,863

Green = verified data. Amber = market typical. Red = our estimate — verify before offering.

About this property

Nearby active comparables

Comparable rentals

same beds + type

No nearby rentals matched on postcode prefix + bedrooms + property type.

Other deals nearby

±25% price band

No other nearby investment deals matched on postcode prefix + bedrooms.

Listing meta

About this listing

76 days · Zillow

Listed by

— agent not available

Open listing

Price history

No price history available.

2-bed townhouse investor view

5.51% return before costs — market rent unverified, verify rent + comps locally.

Why it works

Why to be cautious

What-if calculator

Result · Rent it out

What we verified

Strategy matrix

Comparables

Location & area intelligence

Acquisition costs

Comparable rentals

Other deals nearby

About this listing

Listed by

Price history

79 Esplanade Ln, Grimsby, ON L3M0H2

5.51% — verify the rent + comps locally.

What we verified

Run the numbers

What-if calculator

Result · Rent it out

Rent by the room upside

Required

If converted

Comparables

Location & transport

Tax & exit

Acquisition costs

Your notes