404 Galbraith Street, Melancthon

$949,000
404 Galbraith Street

$949,000

New
27d
Detached2-Storey

404 Galbraith Street, Melancthon

Total Monthly Obligation $4,702

Beds
4
Baths
3
Park
4
Sqft
2500-3000
DOM
27d
Score
16
Yield
3.8%
Cash on Cash
-7.9%
Cap Rate
2.9%
5Y IRR
9.4%
10Y IRR
9.8%
Property Type-Detached
MLS® Number-X13832434
Beds-4
Bathrooms-3
Size-2500-3000 sqft
Lot Size-36.09 × 108.27 ft
Listed on site-Sep 26, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,983 (2025)
Parking-6 - Attached
Basement-Other
Heating-Forced Air (Gas)
Brokerage-RE/MAX EXCEL TITAN
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Stucco (Plaster)
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Rural Melancthon
Title-Residential Freehold

No agent assigned

Instant Curb Appeal Exudes From This Spacious 4 Bed, 2.5 Bath Family Home. The Homes Incredible Stucco Exterior Created An Instant Presence. Open Concept Layout With Plenty Of Space For Growing Families. Nearby Schools: Hyland Heights Elementary School (Public, JK-8) and Centre Dufferin District High School are less than 1 KM away.

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

Closing Costs

Mortgage Amount
$759,200
Land Transfer Taxes$15,455
Legal Fees (Est.)
$
Total cash required for closing$206,755

Total Monthly Obligation

$4,702/mo
Mortgage $3,828
Monthly Loss $3,694
Principal$1,007
Interest$2,821
Property Tax$499
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.8%0
5-Year IRR
6.4%16
10-Year IRR
7.8%
Returns Index
9.1/ 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
$36,000/yr
NOI
$21,917/yr
Net Cash Flow
-$2,002/mo
Cash Margin
-66.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo32
Risk Index
18.2/ 100

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

Comparables

Properties near 404 Galbraith Street

Time

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Data last updated within the past 24 hours.