986 South Gower Drive, North Grenville

$899,900
986 South Gower Drive

$899,900

New
52d
DetachedBungalow

986 South Gower Drive, North Grenville

Total Monthly Obligation $4,535

HausQ Valuation Report
Beds
3
Baths
2
Park
6
Sqft
2000-2500
DOM
52d
Score
16
Yield
3.9%
Cash on Cash
-7.9%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Detached
MLS® Number-X13732054
Beds-3
Bathrooms-2
Size-2000-2500 sqft
Lot Size-247.58 × 301.91 ft
Listed on site-Sep 1, 2026
Style-Bungalow
Building Type-Detached
Age-6-15
Taxes-$6,359.06 (2025)
Parking-8 - Attached
Basement-Partially Finished, Unfinished
Heating-Forced Air (Propane)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Propane
Pool-Above Ground
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-Flexible Possession
Neighbourhood-802 - North Grenville Twp (Kemptville East)
Title-Residential Freehold

No agent assigned

Welcome to 986 South Gower Drive where tranquility and peace of mind resonates. This recently built, (2012), spacious bungalow, approximately 2,300 square feet, sits on a beautiful lot, approximately 1.75 acres. Attention to detail is apparent the moment you enter the home. Lovely hardwood flooring, soaring ceilings in the primary rooms and an outstanding layout featuring a very spacious kitchen/breakfast area and a conveniently located pantry. The spacious south facing deck allows you to kick back and relax after a long hard day. Recent improvements include a newer hot water tank, owned, in 2021; furnace replaced in 2020, wood boiler, which has been used to heat the home and hot water installed in 2019, front steps replaced in 2022 and the basement done in 2020.

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

Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,535/mo
Mortgage $3,630
Monthly Loss $3,580
Principal$955
Interest$2,675
Property Tax$530
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%13
Cash-on-Cash
-11.9%0
5-Year IRR
6.2%15
10-Year IRR
7.7%
Returns Index
8.9/ 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
$34,800/yr
NOI
$20,461/yr
Net Cash Flow
-$1,925/mo
Cash Margin
-66.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.474
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
18.6/ 100

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

Comparables

Properties near 986 South Gower Drive

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.