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1216 S Cypress Avenue E — Ontario — 2 Beds • 2 Baths • 1,232 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+30 more

$382,500

28 DOM

$310/sqft2 bd2 ba1,232 sqftHOA ~406/mo

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1216 S Cypress Ave E Ontario, CA 91762

8,910sqft lot

This two-bedroom, 1.5 half bath condominium is located in a gated community in Ontario, California. Perfect for all seeking a blend of comfort and convenience, this condominium features a spacious living room with natural light. An Adjacent kitchen with ample counter and cabinet space. Two spacious bedrooms with closet space. Both bathrooms are well-appointed with one being adjacent to a bedroom. A two car garage attached with a laundry are located inside. Residents enjoy a community pool and tennis courts, perfect for all. A must see!!

MLS CV26058222

909-548-9492 (Office) hilary@legacyhomesmgmt.com

Est. payment

$2,850/mo

Principal & interestTaxesInsuranceHOA

$1,934$398$112$406

Down %

Rate %

Years

Down payment: $76,500 · Total cost: $772,786

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$2,850/mo

Principal & interest: $1,934
Est. property tax: $398
Est. insurance: $112
HOA (normalized / mo): $406
Down payment: $76,500

Est. gross rent$1,594/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,256/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Mar 17, 2026	$382,500	—

Facts & Features

Transaction Data

HOA Fee$406/monthly

Structure & Property

Year Built1981

Garage Spaces2

909-548-9492 (Office) hilary@legacyhomesmgmt.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

1216 S Cypress Avenue E, Ontario, CA 91762

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1216 S Cypress Ave E Ontario, CA 91762

About this home

Hilary Marks

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Hilary Marks

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

1216 S Cypress Avenue E, Ontario, CA 91762

About This Property

Property Photos

1216 S Cypress Ave E Ontario, CA 91762

About this home

Hilary Marks

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Hilary Marks

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.