38 Hughes Circle, Casselman

$520,900
38 Hughes Circle

$520,900

New
25d
Semi-Detached Bungalow

38 Hughes Circle, Casselman

Total Monthly Obligation $2,476

Beds
2
Baths
2
Park
2
Sqft
1100-1500
DOM
25d
Score
22
Yield
4.8%
Cash on Cash
-0.8%
Cap Rate
4.4%
5Y IRR
14.9%
10Y IRR
14.1%
Property Type-Semi-Detached
MLS® Number-X13838470
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-33.5 × 130 ft
Listed on site-Sep 28, 2026
Style-Bungalow
Building Type-Semi-Detached
Parking-3 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-EXP REALTY
Cooling-None
Laundry-No
Fireplace-Electric
Pool-None
Facing-East
Exterior-Stone, Board & Batten
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Estimated availabilty by the end of November 2026
Neighbourhood-604 - Casselman
Title-Residential Freehold

No agent assigned

*FULL HST REBATE INCLUDED IN LISTING PRICE* OPEN HOUSE Sunday October 25th From 1pm to 4pm. Project located beside 800 Du Boise St. Project located beside 800 Du Boise St. Welcome to the GAB model by SMB Homes, a thoughtfully designed semi-detached bungalow offering 1,260 sq. ft. of open-concept living with 2 bedrooms and 2 bathrooms. This bright and modern layout features 9' ceilings, a gourmet kitchen with 48" cabinets to the ceiling, subway tile backsplash, chimney hood fan. The spacious living and dining area stretches out with beautiful engineered hardwood flooring. The primary suite includes a walk-in closet and ensuite with full-height ceramic tile and acrylic shower. With two flexible floorplan options and a basement roughed in for a 3-piece bath, this home adapts to your lifestyle. This house will be loaded with upgrades such as the prestige package, quartz countertop in the kitchen, garage door opener. Built with a concrete party wall for superior soundproofing, the GAB model blends comfort, style and privacy. This elegant layout blends functionality with modern style, offering the ideal setting for both everyday living and entertaining - an ideal choice for downsizing and embracing your next chapter. Municipal taxes have not yet been assessed. ***Pictures are from a previously built home and may include upgrades. This house will be completed by the end of November 2026.

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

Closing Costs

Mortgage Amount
$416,720
Land Transfer Taxes$6,893
Legal Fees (Est.)
$
Total cash required for closing$112,573

Total Monthly Obligation

$2,476/mo
Mortgage $2,101
Monthly Loss $1,923
Principal$553
Interest$1,548
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.3%2
5-Year IRR
10.6%40
10-Year IRR
11.0%
Returns Index
21.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$25,200/yr
NOI
$18,180/yr
Net Cash Flow
-$586/mo
Cash Margin
-27.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7211
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
31.9/ 100

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

Comparables

Properties near 38 Hughes Circle

Time

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