LOT 8 Equality Drive, Meaford

$415,000
LOT 8 Equality Drive

$415,000

New
21d
Att/Row/Townhouse2-Storey

LOT 8 Equality Drive, Meaford

Total Monthly Obligation $2,049

Beds
3
Baths
3
Park
2
Sqft
1100-1500
DOM
21d
Score
58
Yield
8.2%
Cash on Cash
14.2%
Cap Rate
7.6%
5Y IRR
27.1%
10Y IRR
24.4%
Property Type-Att/Row/Townhouse
MLS® Number-X13853024
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-20 × 148 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-New
Parking-3 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-Sotheby's International Realty Canada
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Meaford
Title-Residential Freehold

No agent assigned

UNDER CONSTRUCTION - The Black Spruce by LCDG is a thoughtfully designed townhome featuring three bedrooms and three bathrooms, including a spacious primary suite with its own private ensuite. Offering 1,300 square feet of modern living space in the prestigious Gates of Meaford community, this home is situated on a premium 140 foot deep lot with occupancy early 2027. The interior is defined by an open concept main floor with contemporary finishes and a layout that flows seamlessly from daily activities to evening entertaining, all supported by the practical convenience of a single-car garage with inside entry.Complete with an unfinished basement that provides ample potential for future expansion or customized storage, the property is ideally located just minutes from downtown Meaford's local shops, dining, and waterfront. With easy access to the premier four season recreation of the Blue Mountains, Collingwood, and Owen Sound, this home represents an outstanding opportunity to secure a brand-new residence on an expansive lot in a thriving, vibrant community.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$332,000
Land Transfer Taxes$4,775
Legal Fees (Est.)
$
Total cash required for closing$89,275

Total Monthly Obligation

$2,049/mo
Mortgage $1,674
Monthly Loss $1,608
Principal$441
Interest$1,233
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.3%54
Cash-on-Cash
6.9%32
5-Year IRR
21.3%94
10-Year IRR
19.8%
Returns Index
61.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeB
58/ 100
Fair•Hold / Negotiate

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,200/yr
NOI
$26,280/yr
Net Cash Flow
$516/mo
Cash Margin
18.1%65
Cash Flow Index
65.0/ 100
Risk Profile
Weight: 20%
DSCR
1.3156
LTV Ratio
80.0%18
Vacancy Buffer
4.6 mo78
Risk Index
50.6/ 100

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

Comparables

Properties near LOT 8 Equality Drive

Time

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Data last updated within the past 24 hours.