410 Ridge Road 5, Meaford

$649,000
410 Ridge Road 5

$649,000

New
8d
Att/Row/TownhouseBungalow

410 Ridge Road 5, Meaford

Total Monthly Obligation $3,254

Beds
2
Baths
2
Park
2
Sqft
1100-1500
DOM
8d
Score
19
Yield
4.8%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Att/Row/Townhouse
MLS® Number-X14082140
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-55 ft (front)
Listed on site-Oct 15, 2026
Style-Bungalow
Building Type-Att/Row/Townhouse
Taxes-$3,128.49 (2026)
Parking-3 - Attached
Basement-None
Heating-Radiant (Gas)
Brokerage-Royal LePage RCR Realty
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Stone
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Meaford
Title-Residential Freehold

No agent assigned

Experience effortless, worry-free living with sweeping views of the Meaford Golf Course, in this beautifully designed bungalow. Welcome to Unit #5 in Meaford Golf Mews, a highly desirable Life Lease community that combines homeownership independence with ultimate peace of mind. Life Lease ownership offers a unique advantage: you retain full equity and lifestyle control while a professionally managed corporation handles exterior & structural maintenance (like roof, foundation, windows, and in-floor slab heating), lawn care, street and driveway snow removal, and neighbourhood upkeep. Built with complete accessibility in mind, this home features slab-on-grade construction, 36-inch wide doorways, and level entrance access. The bright, open-concept main floor centers around a custom kitchen with stainless steel appliances and a spacious center island. Natural light fills the adjacent dining area and living room, anchored by a cozy gas fireplace. The primary suite includes a walk-in closet and a beautifully appointed ensuite complete with a double vanity. A second full bedroom and guest bathroom provide flexible space for home office needs or weekend visitors. Premium comfort features include in-floor radiant heating, ductless air conditioning, an attached 1.5-car garage, and a covered rear porch. Situated in a quiet, life-lease community (minimum age 21), residents enjoy effortless access to golf, local trails, and greenbelt parkland. The $732.04 monthly fee covers property taxes, lawn care, street and driveway snow removal, Exterior & structural repairs and reserve fund contributions. All measurements and square footage details are approximate.

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

Closing Costs

Mortgage Amount
$519,200
Land Transfer Taxes$9,455
Legal Fees (Est.)
$
Total cash required for closing$140,755

Total Monthly Obligation

$3,254/mo
Mortgage $2,618
Monthly Loss $2,565
Principal$689
Interest$1,929
Property Tax$261
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.2%30
10-Year IRR
10.0%
Returns Index
16.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$30,852/yr
NOI
$20,138/yr
Net Cash Flow
-$940/mo
Cash Margin
-36.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo49
Risk Index
25.1/ 100

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

Comparables

Properties near 410 Ridge Road 5

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.

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Data last updated within the past 24 hours.