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 37
2-bed single_family investor view
10 Maple Ave, Grimsby, ON L3M3B6 · 1,698 sqft · $471/sqft
2 BED SINGLE-FAMILY HOMEListed 136d ago
$799,990
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
3.81% 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
3.81% 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.
One card is deliberately absent.Renting it by the room — Only 2 bed — too small for an HMO (3+ unrelated tenants from 2+ households) without major reconfiguration.