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Investment signal

$739,000

4881 MAPLEVIEW Crescent

Beds

6

Baths

3

Sqft

Year

2021

About this home

This stunning, nearly new home, built in 2021, offers over 3,000 sq/ft of living space. The main floor is perfectly designed for comfort and entertaining. Step inside and discover 3 spacious bedrooms, including a large primary suite complete with a large ensuite bathroom and a walkin closet. The heart of this home is the spacious eat-in kitchen, boasting ample cabinetry, stainless steel appliances, and two functional islands ideal for meal prep and casual dining. The inviting living room is highlighted by built-in shelving. Patio doors lead out to a fantastic deck with maintenance free composite decking and gazebo perfect for outdoor relaxation. The main floor also features a convenient main bathroom and a dedicated laundry room. The finished basement expands your living options with a separate entrance, a large open entertainment area, a full bathroom, and 3 more additional spacious bedrooms. For future potential the basement also includes laundry hookup and ample space for a kitchenette, making it ideal for an in law suite or rental income. This property comes with an impressive list of additional features, including many potlights throughout, a Tesla charger, owned solar panels for energy efficiency, and an oversized driveway with abundant parking. Located near the beautiful Lake Erie and popular Sherkston Shores, this amazing property provides ample space to host family and friends, promising years of cherished memories. Don't miss your chance to own this exceptional Port Colborne cottage! (id:65958)

Subtype
Single Family
Architectural style
Bungalow
MLS#
40820741
Area
PORT_COLBORNE
Negative cash flow ~$1,454/mo at these assumptions

Cash on cash

-11.81%

Cap rate

3.53%

GRM

16.6

Break-even rent

$5,231

Financing

Down payment$147,800
Loan amount$591,200
Mortgage$3,627/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$339
Insurance$80
Maintenance$616
CapEx reserve$308
Vacancy loss$185

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,627/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.

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