509 Langlaw Drive, Cambridge

$699,900
509 Langlaw Drive

$699,900

New
17d
Detached2-Storey

509 Langlaw Drive, Cambridge

Total Monthly Obligation $3,551

Beds
4
Baths
2
Park
2
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
12.7%
Property Type-Detached
MLS® Number-X13867404
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-29.57 × 150 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$4,234 (2026)
Parking-3 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE CROWN REALTY SERVICES
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding, Brick Veneer
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-30-59 days
Title-Residential Freehold

No agent assigned

Welcome to the well-maintained family home in a highly desirable East Galt neighbourhood! Situated on an impressive 150 foot deep lot, this property offers outstanding outdoor space with a fully fenced backyard, no rear neighbours and large deck, perfect for entertaining, relaxing or enjoying family time. The home features a double wide drive way and a single car garage with convenient inside entry. The open concept main floor is ideal for modern living, boasting a spacious eat in kitchen with an abundance of counter and cupboard space, a convenient 2- pc power room and a bright living room with a sliding patio door leading directly to the back yard. Upstairs, you will find 3 generously sized bedrooms with the primary bedroom featuring a walk in closet and access door to the four piece bathroom providing comfortable accommodations for the whole family. The newly finished rec room adds even more living space! Basement also features a fourth bedroom, rough in plumbing for a future 3 piece bathroom and plenty of storage space. With its functional layout, recent updates and sought after location close to schools, parks , shopping and amenities, this move in ready home is perfect for growing families looking to put down roots in East Galt. Updates include rec room (2025) roof (2017), central air (2019) Don't miss this fantastic opportunity to own a spacious family home in one of East Gats most sought after neighbourhoods!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,551/mo
Mortgage $2,823
Monthly Loss $2,808
Principal$743
Interest$2,080
Property Tax$353
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
10.1%
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
$34,200/yr
NOI
$22,046/yr
Net Cash Flow
-$986/mo
Cash Margin
-34.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.6/ 100

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

Comparables

Properties near 509 Langlaw Drive

Time

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