1 Samantha Lane, Midland

$499,900
1 Samantha Lane

$499,900

New
22d
Condo TownhouseBungaloft

1 Samantha Lane, Midland

Total Monthly Obligation $3,069

Bed+Den
5+2
Baths
3
Park
1
Sqft
1000-1199
DOM
22d
Score
18
Yield
5.5%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.5%
Property Type-Condo Townhouse
MLS® Number-S13848220
Bed+Den-5+2
Bathrooms-3
Size-1000-1199 sqft
Listed on site-Oct 1, 2026
Style-Bungaloft
Building Type-Condo Townhouse
Age-6-10
Taxes-$4,822 (2025)
Maintenance-$451/mo
Locker-None
Parking-1 - None
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-Team Hawke Realty
Cooling-Central Air
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Vinyl Siding, Wood
Possession-TBD
Neighbourhood-Midland
Title-Residential Condo & Other

No agent assigned

Welcome to Season's on Little Lake, where modern design meets maintenance-free living! This beautifully designed condo townhome built in 2020 offers contemporary finishes, thoughtful design, and a truly move-in-ready lifestyle. Enjoy convenient access to Hwy 12 and Hwy 93, with Walmart, No Frills, LCBO, hospital, restaurants, and all everyday amenities just minutes away. Surrounded by walking trails and green space, walking distance to Midland's Little Lake Park and new splash pad. Ideally located for both convenience and community living, this home offers an easy, enjoyable lifestyle. The main floor features 9-foot ceilings, a bright open-concept layout, and a modern kitchen with a spacious island & stainless appliances. The primary bedroom offers a generous walk-in closet and private 3-piece ensuite. Both the front and rear entrances open onto inviting covered porches, providing comfortable spaces to relax and enjoy the outdoors, which currently feature a peaceful treed lot view. The fully finished basement adds versatility, featuring a third full bathroom, two flexible dens/offices, and a spacious open recreation room. Whether you need space for teenagers, a quiet home office, or extended family, this level offers plenty of options. The second level provides a third bedroom or flex space with a unique loft-style feel. Best of all, the maintenance fee covers exterior upkeep, including grass cutting, snow removal, and building maintenance, allowing you to spend less time on outdoor chores and more time enjoying your home and lifestyle. Modern design, versatile living space, and low-maintenance ownership-welcome to your next chapter at Season's on Little Lake!

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

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$3,069/mo
Mortgage $2,016
Monthly Loss $2,539
Principal$531
Interest$1,486
Property Tax$402
Condo Fees$451
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.3%0
5-Year IRR
7.0%18
10-Year IRR
8.4%
Returns Index
10.3/ 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
$27,468/yr
NOI
$12,087/yr
Net Cash Flow
-$1,009/mo
Cash Margin
-44.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
25.3/ 100

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

Comparables

Properties near 1 Samantha Lane

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.