61 CRESTVIEW Drive, Middlesex Centre

$1,229,000
61 CRESTVIEW Drive

$1,229,000

Sold Conditional Escape
21d
Detached2-Storey

61 CRESTVIEW Drive, Middlesex Centre

Total Monthly Obligation $5,774

Beds
4
Baths
3
Park
4
Sqft
2500-3000
DOM
21d
Score
16
Yield
3.7%
Cash on Cash
-7.0%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Detached
MLS® Number-X13853668
Beds-4
Bathrooms-3
Size-2500-3000 sqft
Lot Size-55 × 125 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$5,300 (2026)
Parking-6 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP - SELECT REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Kilworth
Title-Residential Freehold

No agent assigned

Located in the Pointe neighbourhood of Edgewater Estates. This modern 4-bedroom home is close to walking trails, parks, plenty of amenities just a few minutes from London. The main living space provides oversized European windows looking out at nature. The kitchen has plenty of storage with floor to ceiling custom cabinetry, built-in Fisher Paykel & Miele appliances, a large island with waterfall quartz countertops. A hidden cabinet door leads to a well-planned mudroom with ample cabinets for well planned organization. The open concept living room has a contemporary fireplace wall with built-in media cabinets and plenty of room to entertain. The main floor also offers a office or flex space at the front of the house. Upstairs has 4 large bedrooms, a laundry room, and 7" engineered hardwood floors throughout. The Primary suite includes a 12x8ft walk-in closet with built-in pullout drawers & a barn door. The spacious ensuite features a huge glass shower, a double floating vanity and freestanding soaker tub. This beautiful home is only 2 years old and has many upgrades and flawless workmanship.

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%
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$983,200
Land Transfer Taxes$21,055
Legal Fees (Est.)
$
Total cash required for closing$268,355

Total Monthly Obligation

$5,774/mo
Mortgage $4,957
Monthly Loss $4,470
Principal$1,305
Interest$3,653
Property Tax$442
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.6%1
5-Year IRR
7.2%19
10-Year IRR
8.4%
Returns Index
11.0/ 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
$45,984/yr
NOI
$31,586/yr
Net Cash Flow
-$2,325/mo
Cash Margin
-60.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.535
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
16.4/ 100

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

Comparables

Properties near 61 CRESTVIEW Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.