1810 Cedarlakes Way, Greely - Metcalfe - Osgoode - Vernon and Area

$1,899,999
1810 Cedarlakes Way

$1,899,999

New
22d
DetachedBungalow

1810 Cedarlakes Way, Greely - Metcalfe - Osgoode - Vernon and Area

Total Monthly Obligation $8,781

Beds
5
Baths
4
Park
8
Sqft
2000-2500
DOM
22d
Score
17
Yield
4.3%
Cash on Cash
-4.6%
Cap Rate
3.6%
5Y IRR
11.9%
10Y IRR
11.7%
Property Type-Detached
MLS® Number-X13846678
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-110.37 × 195.05 ft
Listed on site-Oct 1, 2026
Style-Bungalow
Building Type-Detached
Age-6-15
Taxes-$8,900 (2026)
Parking-10 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-INNOVATION REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-Inground, Salt
Facing-South
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-1601 - Greely
Title-Residential Freehold

No agent assigned

Welcome to 1810 Cedarlakes Way! This stunning luxurious bungalow built by premiere builder Mackie Homes in the desirable community of Greely! Backing onto Cedar Lake with no rear neighbours, this home is beautifully landscaped & offers unmatched tranquility! Featuring an all-stone & brick facade, interlock driveway, front steps & an oversized double garage and framed on an oversized lot, this home delivers impressive curb appeal. Step inside to the main floor complete with gorgeous dark oak hardwood floors, high ceilings, pot lights, motorized window coverings & cozy gas fireplace. The chef's kitchen boasts high-end stainless-steel appliances, a gas stove, quartz countertops, under-cabinet lighting & extra pantry space. The primary bedroom features a walk-in closet & a lavish ensuite with a double-sink granite vanity, large glass shower & standalone soaker tub. The main level also features 2 spacious bedrooms with a Jack & Jill bathroom connecting both rooms. The lower level features an impressive rec room, games room that includes pool table & dartboard, sound insulated theatre/media room with recliners. The lower level also features 2 bedrooms plus a full bathroom with heated floors. A separate entrance connects directly into the garage, which allows for a private guest suite, extended family living or rental suite for extra income. Step out to your own private resort-style oasis featuring a waterfront sandy beach on Cedar Lake, where endless summer days await with swimming, kayaking, paddleboarding! The back interlock patio features a dining & fireplace seating areas that connects to a fenced-in heated saltwater pool that features both a shallow & deep end. The home is also equipped with an in-ground irrigation system, Gemstone permanent exterior lighting, garden shed & a Generac natural gas generator for ultimate peace of mind. Perfectly located near top-rated schools, parks, trails & amenities, this exceptional property offers a combination of luxury & privacy!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,519,999
Land Transfer Taxes$34,475
Legal Fees (Est.)
$
Total cash required for closing$415,975

Total Monthly Obligation

$8,781/mo
Mortgage $7,664
Monthly Loss $6,764
Principal$2,017
Interest$5,647
Property Tax$742
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.3%31
10-Year IRR
10.0%
Returns Index
16.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$81,000/yr
NOI
$59,500/yr
Net Cash Flow
-$2,706/mo
Cash Margin
-40.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
1.1 mo18
Risk Index
14.8/ 100

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

Comparables

Properties near 1810 Cedarlakes Way

Time

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