Lot 34 Winterberry Drive, Springwater

$1,169,900
Lot 34 Winterberry Drive

$1,169,900

Extension
17d
DetachedBungalow

Lot 34 Winterberry Drive, Springwater

Total Monthly Obligation $5,094

Beds
3
Baths
3
Park
4
Sqft
2000-2500
DOM
17d
Score
16
Yield
3.3%
Cash on Cash
-7.2%
Cap Rate
3.0%
5Y IRR
9.9%
10Y IRR
10.1%
Property Type-Detached
MLS® Number-S13866196
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-92 × 245 ft
Listed on site-Oct 6, 2026
Style-Bungalow
Building Type-Detached
Age-New
Parking-6 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP INCENTIVE REALTY INC.
Cooling-None
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-Jan/Feb 2027
Neighbourhood-Anten Mills
Title-Residential Freehold

No agent assigned

Welcome to Anten Mills Estates. Take advantage of the $130,000 HST tax rebate and build this beautiful 2300 sq.ft. bungalow on a 1/2 acre lot for an incredible $1,169,900. We have a number of beautiful lots to choose from backing onto private environmentally protected land. Walkout lots are also available if you are thinking of finishing the basement. This listing is for Lot 34 on Winterberry Drive, which is 92 ft. wide by 245 ft. deep (1/2 acre). Just imagine the family fun in this oversized back yard as compared to many of the tiny lots being offered today. The builder will accommodate floor plan changes and we have a wide variety of bungalow and 2 storey plans to choose from. Two of our more popular additions are an extra garage and a covered porch off the breakfast nook at the back of the home. Come and visit our model home at 10 Cottonwood Street and LET'S TALK. We are open Saturday and Sunday from 12 to 4 P.M. LISTING PRICE IS INCLUSIVE OF THE HST TAX REBATE.

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

Closing Costs

Mortgage Amount
$935,920
Land Transfer Taxes$19,873
Legal Fees (Est.)
$
Total cash required for closing$255,353

Total Monthly Obligation

$5,094/mo
Mortgage $4,719
Monthly Loss $3,852
Principal$1,242
Interest$3,477
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.7%1
5-Year IRR
7.1%19
10-Year IRR
8.2%
Returns Index
10.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$38,064/yr
NOI
$29,758/yr
Net Cash Flow
-$2,239/mo
Cash Margin
-70.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
17.6/ 100

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

Comparables

Properties near Lot 34 Winterberry Drive

Time

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Data last updated within the past 24 hours.