111 Eccles Avenue, West Grey

$899,900
111 Eccles Avenue

$899,900

New
9d
DetachedBungaloft

111 Eccles Avenue, West Grey

Total Monthly Obligation $4,422

Beds
3
Baths
3
Park
4
Sqft
2000-2500
DOM
9d
Score
16
Yield
3.8%
Cash on Cash
-7.5%
Cap Rate
3.0%
5Y IRR
9.6%
10Y IRR
10.0%
Property Type-Detached
MLS® Number-X14080026
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-55.77 × 164.8 ft
Listed on site-Oct 14, 2026
Style-Bungaloft
Building Type-Detached
Age-0-5
Taxes-$5,004 (2026)
Parking-6 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-Century 21 Heritage House Ltd.
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-West Grey
Title-Residential Freehold

No agent assigned

You don't need to wait for your dream home to be built --- just move in and enjoy this beautiful (2022) CUSTOM-BUILT 2300 sq. ft. bungaloft by Sunvale Homes. Located in the Carriage Crossing community, a short walk will take you to the Durham Conservation Area's nature trails or downtown amenities. Offering 3 bedrooms and 2.5 bathrooms, this home features a main floor master suite, 9' ceilings (main) and a 12' cathedral ceiling in the living room. The chef's kitchen features an induction stove, Kitchen-Aid suite of appliances with wall oven & microwave, granite countertops and backsplash and a large island with extra storage. Ideal for entertaining, a charming butler's pantry joins the kitchen to a separate dining room. With a gas fireplace, wide plank engineered hardwood flooring, 8" baseboards, custom window coverings and quality storage installations, this home is sure to impress. Upstairs you will find 2 bedrooms, a full bath and an airy flex-space. Outside, you can enjoy time on one of two covered porches, a sunny patio, or around the fire pit in the fully fenced-in back yard. There is also an insulated 2.5 car attached garage with electronic door openers and slatwall organization system. With over $200,000 in upgrades and finishing touches, this gem offers good value for the money.

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

Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,422/mo
Mortgage $3,630
Monthly Loss $3,467
Principal$955
Interest$2,675
Property Tax$417
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.5%16
10-Year IRR
7.9%
Returns Index
9.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$34,200/yr
NOI
$21,276/yr
Net Cash Flow
-$1,857/mo
Cash Margin
-65.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
19.0/ 100

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

Comparables

Properties near 111 Eccles Avenue

Time

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