12 Rickwood Place, St. Thomas

$545,000
12 Rickwood Place

$545,000

New
15d
DetachedBungalow

12 Rickwood Place, St. Thomas

Total Monthly Obligation $2,860

HausQ Valuation Report
Beds
3
Baths
2
Park
4
Sqft
700-1100
DOM
15d
Score
22
Yield
5.8%
Cash on Cash
0.7%
Cap Rate
4.7%
5Y IRR
16.1%
10Y IRR
15.0%
Property Type-Detached
MLS® Number-X13879698
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-45 × 110 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Taxes-$3,444 (2025)
Parking-5 - Detached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ELGIN REALTY LIMITED
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Vacant
Neighbourhood-St. Thomas
Title-Residential Freehold

No agent assigned

Immaculate Open Concept Bungalow close to Elgin Mall. Vaulted ceilings in main living area. Refinished original hardwood floors on main level and newer laminate flooring in basement. Updated kitchen(2022) with 7 foot island, quartz countertops, beautiful backsplash and high end Stainless Appliances. Cheater ensuite off Primary Bedroom. Patio door off 3rd bedroom to 26ft X 22ft sundeck. 10ft X 12ft Hard Top Gazebo with retractable top for Winter. Bracket for outdoor T.V. Gas lines for both Fire table and BBQ. Private Fenced and Landscaped Yard. Lower level offers a beautiful familyroom with gas fireplace. 3 pc bath. Office/Craft Room and a large laundry/Storage Room. Rough in for Central Vac. The 1 1/2 car detached garage is perfect for a workshop with insulation, heater, cabinets and 220 amp. Parking for 5 cars. 8ft X 10ft Garden Shed. Just move in and enjoy this renovated like "new" home!!!!

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

Closing Costs

Mortgage Amount
$436,000
Land Transfer Taxes$7,375
Legal Fees (Est.)
$
Total cash required for closing$117,875

Total Monthly Obligation

$2,860/mo
Mortgage $2,198
Monthly Loss $2,282
Principal$579
Interest$1,620
Property Tax$287
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-5.0%2
5-Year IRR
11.7%48
10-Year IRR
12.0%
Returns Index
25.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$31,656/yr
NOI
$20,546/yr
Net Cash Flow
-$486/mo
Cash Margin
-18.4%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
29.4/ 100

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

Comparables

Properties near 12 Rickwood Place

Time

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