472 Canal Road, Trent Hills

$639,900
472 Canal Road

$639,900

New
15d
DetachedBungalow

472 Canal Road, Trent Hills

Total Monthly Obligation $3,241

Beds
4
Baths
1
Park
6
Sqft
1100-1500
DOM
15d
Score
17
Yield
3.8%
Cash on Cash
-8.0%
Cap Rate
2.9%
5Y IRR
9.3%
10Y IRR
9.7%
Property Type-Detached
MLS® Number-X13877082
Beds-4
Bathrooms-1
Size-1100-1500 sqft
Lot Size-232.93 × 168.92 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,412 (2025)
Parking-8 - Detached
Basement-Crawl Space
Heating-Forced Air (Propane)
Brokerage-RE/MAX Rouge River Realty Ltd.
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Septic
Possession-60-90 days
Neighbourhood-Rural Trent Hills
Title-Residential Freehold

No agent assigned

Waterfront views, country air & a place to slow down. Welcome to 472 Canal Rd, tucked away on a peaceful dead-end road in Trent Hills, surrounded by a wonderful community of neighbours and the beauty of the Trent-Severn Waterway. This inviting 4-bedroom bungalow offers a relaxed rural lifestyle with unobstructed water views. The Parks Canada waterfront sits directly in front of the property and available to enjoy for swimming, relaxing and taking in the scenery, with nearby boat launches for those who love life on the water. The home had substantial renovations down to the studs in 2017, with the roof, trusses, siding and interior all replaced, creating a fresh foundation for its next chapter. Inside, you'll find an updated kitchen with granite countertops, stainless steel appliances and plenty of cupboard space, along with vaulted ceilings and pot lights that give the home a bright, open feel. A 2-car detached garage, built in 2024, offers plenty of room for vehicles, storage, hobbies or a workshop. The unfinished accessory apartment adds even more flexibility, with framing, plumbing and electrical already in place. Create an in-law suite, space for adult children, guest accommodations or potential rental space, all with those beautiful water views. With forced-air propane heat, drilled well, septic and a quiet rural setting, this is a home that offers space to breathe, room to grow and a lifestyle worth coming home to. Come for the views. Stay for the lifestyle.

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

Mortgage Amount
$511,920
Land Transfer Taxes$9,273
Legal Fees (Est.)
$
Total cash required for closing$138,753

Total Monthly Obligation

$3,241/mo
Mortgage $2,581
Monthly Loss $2,561
Principal$679
Interest$1,902
Property Tax$284
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.6%0
5-Year IRR
5.8%13
10-Year IRR
7.3%
Returns Index
8.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$24,000/yr
NOI
$13,688/yr
Net Cash Flow
-$1,441/mo
Cash Margin
-72.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
24.0/ 100

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

Comparables

Properties near 472 Canal Road

Time

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