75 Kolbe Drive, Norfolk

$729,900
75 Kolbe Drive

$729,900

New
17d
DetachedBungalow

75 Kolbe Drive, Norfolk

Total Monthly Obligation $3,728

Beds
4
Baths
3
Park
4
Sqft
1100-1500
DOM
17d
Score
19
Yield
4.9%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.6%
Property Type-Detached
MLS® Number-X13865846
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-49.87 × 118.11 ft
Listed on site-Oct 6, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,908.88 (2026)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE SIGNATURE REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick, Stone
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Port Dover
Title-Residential Freehold

No agent assigned

Welcome to 75 Kolbe Drive, a beautiful well maintained Open Concept Bungalow With Attached 2 Car Garage and approximately 2,300 sq. ft. of finished living space. The main floor features 2 Bedrooms, 2 Bathrooms, Main Floor Laundry and an open concept Living Room. The generously sized primary bedroom features a walk-in closet and ensuite bathroom .The finished lower level offers a welcoming Rec/family room with gas Fireplace, custom built wall unit, a 3 Pc Bath, 2 more Bedrooms each with walk-in closets and a bonus extra room set up as an office and tons of storage. The large outdoor living space is so inviting and features a gazebo, tons of green space, a fully fenced yard, and a gorgeous garden. Located in a beautiful community near boutique shopping, family owned restaurants, the famous Lighthouse Theatre, and of course the Beach just minutes away.

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

Closing Costs

Mortgage Amount
$583,920
Land Transfer Taxes$11,073
Legal Fees (Est.)
$
Total cash required for closing$158,553

Total Monthly Obligation

$3,728/mo
Mortgage $2,944
Monthly Loss $2,954
Principal$775
Interest$2,169
Property Tax$409
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.4%32
10-Year IRR
10.2%
Returns Index
17.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$36,000/yr
NOI
$22,991/yr
Net Cash Flow
-$1,028/mo
Cash Margin
-34.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.7/ 100

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

Comparables

Properties near 75 Kolbe 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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.