5 Sand Cherry Drive, Springwater

$830,965
5 Sand Cherry Drive

$830,965

New
28d
Detached2-Storey

5 Sand Cherry Drive, Springwater

Total Monthly Obligation $3,727

Beds
3
Baths
3
Park
2
Sqft
2000-2500
DOM
28d
Score
19
Yield
4.3%
Cash on Cash
-2.7%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Detached
MLS® Number-S13829046
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-36 × 98 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Detached
Parking-4 - Built-In
Basement-Unfinished
Heating-Forced Air (Electric)
Brokerage-RE/MAX REALTRON REALTY INC.
Cooling-None
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Brick
Sewer-Sewer
Possession-to be built
Neighbourhood-Midhurst
Title-Residential Freehold

No agent assigned

Discover modern comfort in this "TO BE BUILT" beautifully designed detached 3 bdrm home, offering modern comfort, quality, craftmanship and functional family living. The open-concept main floor is enhanced by impressive 9' smooth ceilings, hardwood flooring and abundant natural light throughout. The chef-inspired kitchen features extended-height upper cabinetry, quartz countertops, a stylish canopy hood fan and ceramic backsplash. A stunning stained oak staircase leads to the second floor, where the spacious primary retreat offers a walk-in closet and a luxurious ensuite complete with a freestanding soaker tub, frameless glass shower enclosure, wall-mounted rain head and handheld shower wand. Two additional bedrooms are thoughtfully designed with access to a convenient twin bathroom, while a versatile flex space provides the perfect setting for a home office, study area, reading nook or play space, while the second-floor laundry room adds everyday convenience. Additional premium features include 12" x 24" ceramic tile flooring in tiled areas, a Smart Home package, personalized front landscaping package, energy-efficient construction, attached double garage and generous storage throughout. A walkout from the breakfast area extends the living space outdoors, creating the perfect setting for relaxing or entertaining. Located in a desirable, established family-friendly community close to schools, parks, shopping, major transportation routes and highways, this exceptional home offers the perfect balance of comfort, style and convenience in a growing neighbourhood. A rare opportunity to own a beautifully appointed new home tailored to modern living.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$664,772
Land Transfer Taxes$13,094
Legal Fees (Est.)
$
Total cash required for closing$180,787

Total Monthly Obligation

$3,727/mo
Mortgage $3,352
Monthly Loss $2,845
Principal$882
Interest$2,470
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.0%1
5-Year IRR
10.0%36
10-Year IRR
10.5%
Returns Index
19.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$35,856/yr
NOI
$27,770/yr
Net Cash Flow
-$1,038/mo
Cash Margin
-34.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.6910
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
23.2/ 100

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

Comparables

Properties near 5 Sand Cherry Drive

Time

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