Lot 47 Harvest Lane, Thames Centre

$1,495,000
Lot 47 Harvest Lane

$1,495,000

New
14d
DetachedBungalow

Lot 47 Harvest Lane, Thames Centre

Total Monthly Obligation $6,405

Beds
3
Baths
3
Park
2
Sqft
2000-2500
DOM
14d
Score
14
Yield
2.3%
Cash on Cash
-11.4%
Cap Rate
2.1%
5Y IRR
6.6%
10Y IRR
7.7%
Property Type-Detached
MLS® Number-X13884010
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-60 × 116.67 ft
Listed on site-Oct 9, 2026
Style-Bungalow
Building Type-Detached
Age-New
Parking-4 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-NU-VISTA PINNACLE REALTY BROKERAGE INC
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Hardboard, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-90+
Neighbourhood-Dorchester
Title-Residential Freehold

No agent assigned

TO BE BUILT Luxury Bungalow - Soaring Ceilings Throughout - Welcome to this exceptional luxury bungalow, perfectly sited on a premium 60ft walkout lot backing onto picturesque farmland. Offering 2,316 sq ft above grade plus a fully finished 1,521 sq ft walkout basement, this home delivers 3,837 sq ft of elevated living across two impeccably designed levels, with 3 bedrooms and 2.5 bathrooms throughout. Step inside to a dramatic 16 ft ceiling in the foyer that sets the tone for the entire home. The great room is a true showstopper, with soaring 18 ft ceilings and expansive windows allowing sun light to pour in - an architectural centerpiece built for both everyday living and entertaining. The formal dining room continues the grandeur with its own 16 ft ceiling and the huge private study is crowned by a striking 13 ft cathedral ceiling - a refined work-from-home space or library unlike any other on the market. The 10 ft ceilings carry the sense of scale through the remainder of the main floor. The main floor offers the primary suite, designed as a private retreat with a spa-inspired ensuite and walk-in closets, alongside a powder room for guests. The gourmet kitchen flows seamlessly into the dining and great room, ideal for both quiet evenings and large gatherings. Downstairs, the fully finished walkout basement adds exceptional flexibility - 2 additional bedrooms, a full bathroom, a spacious rec room, and direct walkout access to the backyard. A 2-car garage completes this rare offering of luxury, scale, and an unbeatable rural-backing setting. 3,837 sq ft total | 2,316 sq ft above grade | 1,521 sq ft finished walkout basement | 3 bed | 2.5 bath.

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

Closing Costs

Mortgage Amount
$1,196,000
Land Transfer Taxes$26,375
Legal Fees (Est.)
$
Total cash required for closing$326,875

Total Monthly Obligation

$6,405/mo
Mortgage $6,030
Monthly Loss $4,819
Principal$1,587
Interest$4,444
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.3%0
5-Year IRR
4.3%9
10-Year IRR
6.1%
Returns Index
5.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$34,284/yr
NOI
$26,356/yr
Net Cash Flow
-$3,834/mo
Cash Margin
-134.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.363
LTV Ratio
80.0%18
Vacancy Buffer
1.5 mo24
Risk Index
14.9/ 100

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

Comparables

Properties near Lot 47 Harvest Lane

Time

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