70 Optimist Drive, Southwold

$949,000
70 Optimist Drive

$949,000

New
15d
Detached2-Storey

70 Optimist Drive, Southwold

Total Monthly Obligation $4,630

Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
15d
Yield
4.0%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.5%
Property Type-Detached
MLS® Number-X13874746
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-50.52 × 117.22 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,126.68 (2025)
Parking-4 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE NEW WORLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Rural Southwold
Title-Residential Freehold

No agent assigned

Under Power of Sale: Detached 4 Bedroom Home W/Garage on a good size lot on Optimist Dr. Conveniently located close to parks, schools, and major commuter route. Home is being SOLD " As-is Where-is " with No Representations and/or Warranties.

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Closing Costs

Mortgage Amount
$759,200
Land Transfer Taxes$15,455
Legal Fees (Est.)
$
Total cash required for closing$206,755

Total Monthly Obligation

$4,630/mo
Mortgage $3,828
Monthly Loss $3,623
Principal$1,007
Interest$2,821
Property Tax$427
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 70 Optimist 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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Data last updated within the past 24 hours.