216 Macintosh Lane, Meaford

$625,000
216 Macintosh Lane

$625,000

New
14d
Condo TownhouseBungaloft

216 Macintosh Lane, Meaford

Total Monthly Obligation $3,592

Beds
2
Baths
2
Park
1
Sqft
1400-1599
DOM
14d
Score
17
Yield
5.0%
Cash on Cash
-7.0%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.3%
Property Type-Condo Townhouse
MLS® Number-X14031606
Beds-2
Bathrooms-2
Size-1400-1599 sqft
Listed on site-Oct 9, 2026
Style-Bungaloft
Building Type-Condo Townhouse
Taxes-$4,052 (2025)
Maintenance-$532.84/mo
Locker-None
Parking-2 - Attached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-Royal LePage Locations North
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Vinyl Siding, Brick
Possession-Flexible
Neighbourhood-Meaford
Title-Residential Condo & Other

No agent assigned

Welcome to the highly sought-after Gates of Kent community in Meaford. This impeccably maintained, original-owner end-unit bungaloft offers approximately 1,500 sq. ft. of beautifully designed living space and is truly move-in ready. Upgrades include engineered hardwood flooring throughout, custom blinds, a custom laundry room, and four additional windows overlooking greenspace, filling the home with natural light.The open-concept main floor features a spacious kitchen that flows into the dining and living areas. Soaring cathedral ceilings and oversized windows create an inviting, airy Living room. The main-floor primary suite offers a walk-in closet, second closet, and a 5-piece ensuite. The upper level provides a versatile loft overlooking the main living space, perfect for a family room, home office, or hobby area, as well as a second bedroom and an additional full bathroom for family or guests.Enjoy your private terrace surrounded by beautiful trees, just steps from the community walking trail and tranquil pond. Located at the end of a quiet dead-end street with no through traffic, this home offers exceptional privacy. A full-footprint crawl space with approximately 5-ft. ceilings provides outstanding storage.Residents enjoy access to the clubhouse with a fitness centre, library, and a full calendar of social events and activities. Just minutes to Georgian Bay, downtown Meaford, shopping, restaurants, the hospital, Beautiful Joe Park, Trout Hollow Trail, the Bighead River, and all local amenities.Internet and cable TV are included in the maintenance fees. Lovingly cared for by the original owners, who travelled extensively, this home has been lightly lived in and still feels like new. An exceptional opportunity to enjoy low-maintenance living in one of Meaford's most sought after mature communities.

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$500,000
Land Transfer Taxes$8,975
Legal Fees (Est.)
$
Total cash required for closing$135,475

Total Monthly Obligation

$3,592/mo
Mortgage $2,521
Monthly Loss $2,928
Principal$663
Interest$1,858
Property Tax$338
Condo Fees$533
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%0
5-Year IRR
7.0%18
10-Year IRR
8.4%
Returns Index
10.3/ 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
$31,200/yr
NOI
$15,234/yr
Net Cash Flow
-$1,252/mo
Cash Margin
-48.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
22.3/ 100

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

Comparables

Properties near 216 Macintosh Lane

Time

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