213 Melbourne Drive, Bradford West Gwillimbury

$918,000
213 Melbourne Drive

$918,000

New
17d
Detached2-Storey

213 Melbourne Drive, Bradford West Gwillimbury

Total Monthly Obligation $4,495

Beds
4
Baths
3
Park
3
Sqft
1500-2000
DOM
17d
Score
18
Yield
4.6%
Cash on Cash
-4.1%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Detached
MLS® Number-N13865594
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-49.31 × 115.06 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$5,000.25 (2025)
Parking-5 - Attached
Basement-Partially Finished, Full
Heating-Forced Air (Gas)
Brokerage-NORTH 2 SOUTH REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Bradford
Title-Residential Freehold

No agent assigned

Welcome to 213 Melbourne Drive in Bradford. This beautifully renovated 3+1 bedroom home offers a comfortable and updated living space in a convenient location. The upper level features three bedrooms, providing a practical and comfortable layout for family living. Main level offers inviting living spaces, a functional layout and a convenient powder room. The unfinished basement includes an additional bedroom and offers excellent potential for future use and customization. With two spacious bathrooms plus one powder room, the home provides plenty of space for families and guests. Conveniently located close to schools, parks, shopping, dining and major commuter routes. A great opportunity to own a renovated home in Bradford with additional basement potential.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$734,400
Land Transfer Taxes$14,835
Legal Fees (Est.)
$
Total cash required for closing$199,935

Total Monthly Obligation

$4,495/mo
Mortgage $3,703
Monthly Loss $3,520
Principal$974
Interest$2,729
Property Tax$417
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.3%1
5-Year IRR
9.1%29
10-Year IRR
9.8%
Returns Index
15.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$41,832/yr
NOI
$28,149/yr
Net Cash Flow
-$1,357/mo
Cash Margin
-38.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.638
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
19.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 213 Melbourne Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.