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.
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Solid return with caution flags
16 Concord Pl #630, Grimsby, ON L3M0J1
1 BED APARTMENTListed 136d ago
$370,000
List price
Monthly profit
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Cash needed
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Return after costs
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IRR
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Caution
There is no rent on file here — put one you believe into the assumptions and every figure below moves with it.
Why it works
6.91% 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
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 1 bed — too small for an HMO (3+ unrelated tenants from 2+ households) without major reconfiguration.