98 Debora Drive, Grimsby

$999,000
98 Debora Drive

$999,000

New
21d
Detached2-Storey

98 Debora Drive, Grimsby

Total Monthly Obligation $4,949

Beds
4
Baths
3
Park
4
Sqft
1500-2000
DOM
21d
Score
16
Yield
4.0%
Cash on Cash
-7.2%
Cap Rate
3.0%
5Y IRR
9.9%
10Y IRR
10.2%
Property Type-Detached
MLS® Number-X13856856
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-57.4 × 185.84 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$6,526 (2026)
Parking-6 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-REVEL Realty Inc., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-Above Ground
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-542 - Grimsby East
Title-Residential Freehold

No agent assigned

Welcome to this exceptional two-storey residence, nestled in one of Grimsby's most desirable family-friendly communities. Impeccably maintained and thoughtfully designed, this elegant home offers the perfect balance of sophistication, comfort, and functionality.The main level showcases spacious principal rooms, including a formal living and dining area, a convenient powder room, and a beautifully appointed open-concept kitchen overlooking the dinette and inviting great room-an ideal setting for both everyday living and refined entertaining.Step outside to your own private backyard retreat with no rear neighbours. Designed for relaxation and memorable gatherings, the resort-inspired outdoor oasis features a stunning above ground pool, expansive entertaining areas, and a fully equipped cabana with bar, creating the ultimate space to host family and friends.The finished lower level extends the home's exceptional living space with a fourth bedroom, generous family room, laundry area, and abundant storage.Offering outstanding curb appeal and an enviable location just minutes from highways, the GO Station, marina, lakefront, parks, schools, and everyday amenities, this remarkable property delivers an elevated lifestyle in one of Grimsby's most sought-after neighbourhoods.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$799,200
Land Transfer Taxes$16,455
Legal Fees (Est.)
$
Total cash required for closing$217,755

Total Monthly Obligation

$4,949/mo
Mortgage $4,030
Monthly Loss $3,888
Principal$1,060
Interest$2,969
Property Tax$544
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.1%1
5-Year IRR
6.9%18
10-Year IRR
8.2%
Returns Index
10.3/ 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
$39,600/yr
NOI
$24,614/yr
Net Cash Flow
-$1,979/mo
Cash Margin
-60.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo30
Risk Index
17.8/ 100

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

Comparables

Properties near 98 Debora 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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