10 David Drive, St. Thomas

$484,900
10 David Drive

$484,900

Sold Conditional Escape
9d
DetachedBacksplit 4

10 David Drive, St. Thomas

Total Monthly Obligation $2,645

Beds
3
Baths
2
Park
3
Sqft
1500-2000
DOM
9d
Score
27
Yield
6.9%
Cash on Cash
4.9%
Cap Rate
5.6%
5Y IRR
19.5%
10Y IRR
17.8%
Property Type-Detached
MLS® Number-X14030346
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-55 × 109.77 ft
Listed on site-Oct 14, 2026
Style-Backsplit 4
Building Type-Detached
Age-31-50
Taxes-$3,771 (2025)
Parking-4 - Attached
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RIGHT AT HOME REALTY
Cooling-Central Air
Laundry-No
Fireplace-Wood
Pool-Above Ground
Facing-East
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-60 Days + requested
Neighbourhood-St. Thomas
Title-Residential Freehold

No agent assigned

Spacious 4-level backsplit on a quiet street in a desirable south-side neighbourhood. This home offers 3 bedrooms on the upper level, 2 full bathrooms, a separate dining room and an attached garage with inside entry. The living and dining areas feature laminate flooring, with sliding doors from the dining room leading to a patio. The basement includes an area with potential for a wet bar or second kitchen. The electrical panel has been upgraded.Outside, the fenced backyard features a working hot tub and storage shed. An above-ground pool is also on the property but is not currently operational. A covered front porch and double-wide driveway with ample parking add to the home's appeal. Mitchell Hepburn Public School is within walking distance.

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

Closing Costs

Mortgage Amount
$387,920
Land Transfer Taxes$6,173
Legal Fees (Est.)
$
Total cash required for closing$104,653

Total Monthly Obligation

$2,645/mo
Mortgage $1,956
Monthly Loss $2,130
Principal$515
Interest$1,441
Property Tax$314
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.5%32
Cash-on-Cash
-1.4%5
5-Year IRR
14.6%68
10-Year IRR
14.3%
Returns Index
36.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$33,600/yr
NOI
$21,969/yr
Net Cash Flow
-$125/mo
Cash Margin
-4.5%2
Cash Flow Index
2.0/ 100
Risk Profile
Weight: 20%
DSCR
0.9422
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
34.0/ 100

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

Comparables

Properties near 10 David 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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.