38 Royal Dornoch Drive, St. Thomas

$928,000
38 Royal Dornoch Drive

$928,000

New
17d
DetachedBungalow

38 Royal Dornoch Drive, St. Thomas

Total Monthly Obligation $4,636

Beds
5
Baths
3
Park
2
Sqft
1500-2000
DOM
17d
Score
15
Yield
3.4%
Cash on Cash
-10.0%
Cap Rate
2.4%
5Y IRR
7.7%
10Y IRR
8.5%
Property Type-Detached
MLS® Number-X13872554
Beds-5
Bathrooms-3
Size-1500-2000 sqft
Lot Size-49.4 × 121.3 ft
Listed on site-Oct 6, 2026
Style-Bungalow
Building Type-Detached
Age-0-5
Taxes-$6,216 (2025)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP - SELECT REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-East
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-St. Thomas
Title-Residential Freehold

No agent assigned

EXECUTIVE BUNGALOW LIVING. EXCEPTIONAL FINISHES. AN ENVIABLE LIFESTYLE. Discover the luxury of beautifully designed one-floor living in this impressive 2022-built ranch bungalow, ideally located in one of St. Thomas' desirable newer neighbourhoods, minutes from St. Thomas Elgin General Hospital, greenspace & walking trails. Offering the space & quality of an executive residence without the demands of a larger two-storey home, this exceptional property combines refined interiors, outstanding entertaining spaces & a beautifully landscaped private retreat. White oak hardwood, architectural ceiling details, designer lighting & California shutters create a cohesive, upscale interior. The open-concept great room features a striking full-height tiled fireplace, while the beautifully appointed kitchen showcases an oversized quartz island, gas range, custom wood detailing, statement pendants & walk-in pantry. A coordinating wet bar with quartz counter & second sink elevates the entertaining experience. The private primary suite offers a luxurious 5-piece ensuite with soaker tub & glass shower, walk-in closet & sliding doors to its own secluded deck. Two additional main-floor bedrooms provide flexibility for guests or a dedicated home office, complemented by a full bathroom & convenient main-floor laundry. The finished lower level offers exceptional additional living space with a generous family room, fireside den, guest bedroom, exercise room & 5-piece bathroom. Outdoors, a pergola-covered deck transitions to an expansive stamped concrete patio surrounded by mature cedars, hydrangeas & lush perennial gardens within the fully fenced yard. Beautiful curb appeal, a covered stone entry & attached double garage complete this compelling offering. for those ready to embrace exceptional one-floor living without compromising on quality, space or lifestyle, this is a home worth experiencing firsthand.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$742,400
Land Transfer Taxes$15,035
Legal Fees (Est.)
$
Total cash required for closing$202,135

Total Monthly Obligation

$4,636/mo
Mortgage $3,743
Monthly Loss $3,651
Principal$985
Interest$2,758
Property Tax$518
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.8%0
5-Year IRR
4.8%10
10-Year IRR
6.6%
Returns Index
6.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$31,140/yr
NOI
$17,310/yr
Net Cash Flow
-$2,301/mo
Cash Margin
-88.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
18.0/ 100

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

Comparables

Properties near 38 Royal Dornoch Drive

Time

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