22 PARKGLEN Drive, Meadowlands - Crestview and Area

$1,299,000
22 PARKGLEN Drive

$1,299,000

New
28d
DuplexOther

22 PARKGLEN Drive, Meadowlands - Crestview and Area

Total Monthly Obligation $6,198

Beds
5
Baths
3
Park
4
Sqft
2500-3000
DOM
28d
Score
16
Yield
3.9%
Cash on Cash
-6.9%
Cap Rate
3.1%
5Y IRR
10.2%
10Y IRR
10.4%
Property Type-Duplex
MLS® Number-X13832616
Beds-5
Bathrooms-3
Size-2500-3000 sqft
Lot Size-64.92 × 99.88 ft
Listed on site-Sep 25, 2026
Style-Other
Building Type-Duplex
Taxes-$7,000 (2025)
Parking-6 - Attached
Basement-Finished with Walk-Out, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-POWER MARKETING REAL ESTATE INC.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Other
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-7301 - Meadowlands/St. Claire Gardens
Title-Residential Freehold

No agent assigned

BRAND NEW CUSTOM-BUILT Multigenerational Home built with top quality workmanship and materials, numerous upgrades and features to mention all here! Large premium lot (65' X 100'), poured concrete foundation, fully replaced underfloor water and waste management, above water table floor, no water ingress for 56 years, double floor on main level, full foam insulation, all woodwork painted four times, damage protection, Mitsubishi heat pump for both heat and air conditioning with every room having its own unit, full to ceiling tile in bathrooms with tile floors, All bathrooms are fully waterproofed with Kerdi systems to help prevent water leakage and no mold Possibilities .heat floors in bathrooms, sound management between floors to code, full fire separation, top code commercial grade flooring on lower level, full hardwood on upper level,2 X 200 amp electrical services, internet service installed, top floor has 3 bedroom and 2 full bathrooms, lower level has one large bedroom which can be changed to 2 with full bathroom. Walk to Algonquin College, Shopping Center, schools, churches and all amenities! A must see! Call now!

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

Closing Costs

Mortgage Amount
$1,039,200
Land Transfer Taxes$22,455
Legal Fees (Est.)
$
Total cash required for closing$283,755

Total Monthly Obligation

$6,198/mo
Mortgage $5,240
Monthly Loss $4,819
Principal$1,379
Interest$3,861
Property Tax$583
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.4%1
5-Year IRR
7.4%20
10-Year IRR
8.5%
Returns Index
11.4/ 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
$50,400/yr
NOI
$33,860/yr
Net Cash Flow
-$2,418/mo
Cash Margin
-57.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.545
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
15.9/ 100

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

Comparables

Properties near 22 PARKGLEN Drive

Time

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Data last updated within the past 24 hours.