55 Sanford Circle, Springwater

$1,180,000
55 Sanford Circle

$1,180,000

New
29d
Detached2-Storey

55 Sanford Circle, Springwater

Total Monthly Obligation $5,755

Beds
4
Baths
4
Park
2
Sqft
3500-5000
DOM
29d
Score
15
Yield
3.1%
Cash on Cash
-11.1%
Cap Rate
2.2%
5Y IRR
6.9%
10Y IRR
7.9%
Property Type-Detached
MLS® Number-S13825682
Beds-4
Bathrooms-4
Size-3500-5000 sqft
Lot Size-46.89 × 131 ft
Listed on site-Sep 24, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,444.22 (2025)
Parking-4 - Attached
Basement-Full, Walk-Out, Unfinished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 B.J. ROTH REALTY LTD.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-30 days
Neighbourhood-Centre Vespra
Title-Residential Freehold

No agent assigned

This nearly new executive home that's is almost 3900 ft2 on 2 floors sits on a premium Minesing lot and features a full walkout basement with a separate entrance, offering outstanding potential for multi generational living, a private suite, or a future custom lower level. The main floor is defined by approximately ten foot ceilings and exceptional natural light, creating a bright and luxurious atmosphere throughout. The oversized kitchen anchors the home with remarkable space for cooking and entertaining, complemented by a dramatic approximate nineteen foot formal dining room that delivers a truly memorable setting. Two main floor offices add valuable flexibility for work or study.Upstairs laundry with every bedroom includes its own walk in closet! The second and third bedrooms share a well designed Jack and Jill bathroom with double sinks and a separate enclosed toilet and shower area, while the fourth bedroom enjoys its own private four piece ensuite. The primary suite overlooks the expansive backyard and features a beautifully appointed six piece ensuite with a standalone tub, glass shower, private water closet, and dual vanities.With its premium lot, walkout basement, dramatic dining room, and nearly four thousand square feet above grade, this home offers scale, luxury, and exceptional future potential. It shows beautifully and delivers a thoughtful layout ideal for families of all ages. Property being sold as-is under Power of Sale and there is no conveyance of Offers until after Oct 5.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$944,000
Land Transfer Taxes$20,075
Legal Fees (Est.)
$
Total cash required for closing$257,575

Total Monthly Obligation

$5,755/mo
Mortgage $4,760
Monthly Loss $4,503
Principal$1,253
Interest$3,507
Property Tax$620
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%11
Cash-on-Cash
-14.5%0
5-Year IRR
4.3%9
10-Year IRR
6.2%
Returns Index
5.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$36,000/yr
NOI
$20,456/yr
Net Cash Flow
-$3,055/mo
Cash Margin
-101.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.363
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
15.7/ 100

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

Comparables

Properties near 55 Sanford Circle

Time

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