62 Talbot Grove Lane, Southwold

$1,050,000
62 Talbot Grove Lane

$1,050,000

Price Change
60d
Detached2-Storey

62 Talbot Grove Lane, Southwold

Total Monthly Obligation $5,090

Beds
5
Baths
4
Park
4
Sqft
2500-3000
DOM
60d
Score
16
Yield
3.7%
Cash on Cash
-7.6%
Cap Rate
2.9%
5Y IRR
9.6%
10Y IRR
9.9%
Property Type-Detached
MLS® Number-X13707614
Beds-5
Bathrooms-4
Size-2500-3000 sqft
Lot Size-18 × 45 ft
Listed on site-Aug 24, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$5,757 (2025)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX CENTRE CITY REALTY INC
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Rec Room
Pool-None
Facing-South
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Concrete, Poured Concrete
Sewer-Sewer
Possession-60-89 DAYS
Neighbourhood-Talbotville
Title-Residential Freehold

No agent assigned

Stunning 5-bedroom, 4-bath 2-storey home located in desirable Talbotville, approx 3,540 sq. ft. of living space. This home is loaded with upgrades and designed with everyday living in mind. The impressive main floor features a soaring 18-foot living room ceiling, creating a sense of space and natural light. The living room with gas fireplace and custom built-ins flows seamlessly into the formal dining area, complete with custom cabinetry and a bar fridge. The stunning gourmet kitchen features quartz countertops, a stylish backsplash, large pantry, and an oversized island. Patio doors lead directly to the backyard, creating the perfect connection between indoor and outdoor living. The main-floor primary bedroom is a private retreat, with a walk-in closet and a 5-piece ensuite with quartz countertops, double vanity, soaker tub, tiled and glass shower, and a walkout to the covered patio. The mudroom with built-in closet space and a separate laundry room complete the main level. Upstairs, you'll find three spacious bedrooms, all with walk-in closets, along with a beautiful 5-piece bathroom with double sinks and a tub/shower combination. The fully finished lower level provides an incredible living and entertaining space. The large rec-room features another gas fireplace with custom mantel and built-ins, laminate flooring, and a custom wet bar complete with bar fridge and wine cooler. An additional bedroom and beautifully finished bathroom with quartz countertop and custom shower. Outside, the tastefully landscaped and fully fenced yard is designed for entertaining and family enjoyment. A large deck and covered patio provide plenty of entertaining space, while a separate dedicated area is perfect for a hot tub. A convenient storage shed offers additional outdoor storage, and the fully fenced yard provides privacy and a wonderful space for children and pets. Complete with a concrete drive, parking for 4 cars, and beautiful landscaping, no expense has been spared.

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

Closing Costs

Mortgage Amount
$840,000
Land Transfer Taxes$17,475
Legal Fees (Est.)
$
Total cash required for closing$228,975

Total Monthly Obligation

$5,090/mo
Mortgage $4,235
Monthly Loss $3,976
Principal$1,115
Interest$3,121
Property Tax$480
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.4%0
5-Year IRR
6.6%17
10-Year IRR
8.0%
Returns Index
9.7/ 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
$39,300/yr
NOI
$25,113/yr
Net Cash Flow
-$2,143/mo
Cash Margin
-65.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
17.4/ 100

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

Comparables

Properties near 62 Talbot Grove Lane

Time

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