118 Harold Court, Lucan Biddulph

$509,900
118 Harold Court

$509,900

New
15d
DetachedBungalow

118 Harold Court, Lucan Biddulph

Total Monthly Obligation $2,704

Beds
3
Baths
2
Park
4
Sqft
1100-1500
DOM
15d
Score
24
Yield
6.2%
Cash on Cash
2.5%
Cap Rate
5.1%
5Y IRR
17.5%
10Y IRR
16.2%
Property Type-Detached
MLS® Number-X13878446
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-70 × 110 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,272 (2025)
Parking-4 - None
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-OAK AND KEY REAL ESTATE BROKERAGE, INC.
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-Inground
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Lucan
Title-Residential Freehold

No agent assigned

Welcome to 118 Harold Court, a cozy, character-filled 3-bedroom, 2-bathroom home tucked away on a quiet, family-friendly court in the heart of Lucan. From the mature trees out front to the in-ground pool, this is a home that feels comfortable from the moment you arrive.Inside, the bright living room features original hardwood flooring, a gas fireplace and a wall of windows with California shutters. The spacious eat-in kitchen offers plenty of cabinetry and storage, while the adjoining mudroom provides direct access to the main floor, basement, deck and pool area, creating a practical hub for family life and summer entertaining. Pool guests can even head directly downstairs to the full bathroom with a large soaker tub and shower.The finished basement offers additional space to play, relax or entertain, with newly installed luxury vinyl plank flooring (April 2026), a brick wood-burning fireplace, new lighting and an exceptionally large laundry room with two closets. A new sump pump was also installed approximately one year ago.Outside, the rectangular in-ground pool is surrounded by a concrete patio and safety fencing, while the deck and pergola provide the perfect spot for outdoor dining or relaxing in the shade. A large shed/pool house with electricity offers abundant storage, and the mature, fully fenced yard provides plenty of greenery and additional space beyond the pool.Just a few minutes' walk from Elm Street Park and close to Lucan's everyday conveniences, the home is ideally situated for family life. The school bus even stops directly out front - a welcome convenience on snowy winter mornings. From summer days around the pool to winter evenings by the fireplace, 118 Harold Court is a wonderful place to call home.

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

Closing Costs

Mortgage Amount
$407,920
Land Transfer Taxes$6,673
Legal Fees (Est.)
$
Total cash required for closing$110,153

Total Monthly Obligation

$2,704/mo
Mortgage $2,057
Monthly Loss $2,163
Principal$541
Interest$1,516
Property Tax$273
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.5%3
5-Year IRR
12.9%57
10-Year IRR
12.9%
Returns Index
29.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$31,800/yr
NOI
$20,848/yr
Net Cash Flow
-$319/mo
Cash Margin
-12.1%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8417
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
31.7/ 100

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

Comparables

Properties near 118 Harold Court

Time

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