12 Driftwood Lane, Meaford

$563,451
12 Driftwood Lane

$563,451

New
17d
Att/Row/Townhouse2-Storey

12 Driftwood Lane, Meaford

Total Monthly Obligation $2,648

Beds
3
Baths
4
Park
1
Sqft
1500-2000
DOM
17d
Score
25
Yield
6.1%
Cash on Cash
4.8%
Cap Rate
5.6%
5Y IRR
19.4%
10Y IRR
17.8%
Property Type-Att/Row/Townhouse
MLS® Number-X13873900
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-20 × 85 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-New
Parking-2 - Built-In
Basement-Unfinished
Heating-Forced Air (Electric)
Brokerage-Royal LePage Locations North
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick Veneer, Hardboard
Roof-Asphalt Shingle, Solar, Membrane
Foundation-Poured Concrete
Sewer-Sewer
Possession-60-90 days
Neighbourhood-Meaford
Title-Residential Freehold

No agent assigned

MODEL HOME OPEN THURSDAY-SUNDAY, 1-5PM! 3-bedroom, 3 or 4-bathroom Sailor interior unit in Southern Georgian Bay's first-of-its-kind Net Zero community. Ready for occupancy January 2027 - just choose your finishes! SPECIAL INCENTIVES ON 10 & 12 DRIFTWOOD ONLY! Receive an additional $20,000 in FREE upgrades, PLUS your choice of $30,000 off the purchase price OR a FREE finished basement valued at approx. $47,000, PLUS $50,000+ in HST rebate savings. Don't miss out - these are the only lots with the additional incentive! Built to exceed today's standards and meet the 2030 Building Code, these homes combine exceptional construction, energy efficiency and high-quality finishes for a more comfortable home with dramatically reduced energy costs. INCLUDED in the purchase price: solar panels, cold-climate heat pump, HRV system, triple-pane windows, AeroBarrier air sealing, thicker foundation with 2" spray foam insulation along exterior basement walls and under floor, quartz countertops in kitchen and bathrooms, stainless steel kitchen appliances, washer/dryer and main-floor vinyl plank flooring. Also included: asphalt driveway, deck, privacy fence, fibre-optic internet and EV charger. Finished basement adds a recreation room and 3 or 4-piece bathroom. Future community clubhouse planned with pickleball courts, gym and conference room. HST exemption available to qualified buyers; listed price reflects the HST exemption and $30,000 incentive. Photos are of a completed Voyager interior model home for illustrative purposes only. Finishes and appearance may vary based on buyer selections.

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

Closing Costs

Mortgage Amount
$463,382($12,621 CMHC)
Land Transfer Taxes$7,744
Legal Fees (Est.)
$
Total cash required for closing$121,934

Total Monthly Obligation

$2,711/mo
Mortgage $2,336
Monthly Loss $2,097
Principal$615
Interest$1,722
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.7%34
Cash-on-Cash
-1.5%5
5-Year IRR
13.3%60
10-Year IRR
13.8%
Returns Index
32.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$26,280/yr
Net Cash Flow
-$146/mo
Cash Margin
-5.1%2
Cash Flow Index
1.8/ 100
Risk Profile
Weight: 20%
DSCR
0.9422
LTV Ratio
82.2%14
Vacancy Buffer
3.5 mo60
Risk Index
32.0/ 100

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

Comparables

Properties near 12 Driftwood Lane

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.