63 Hogan Drive, McNab/Braeside

$829,900
63 Hogan Drive

$829,900

New
7d
DetachedBungalow

63 Hogan Drive, McNab/Braeside

Total Monthly Obligation $3,723

Beds
3
Baths
2
Park
3
Sqft
1500-2000
DOM
7d
Score
18
Yield
3.6%
Cash on Cash
-5.7%
Cap Rate
3.4%
5Y IRR
11.1%
10Y IRR
11.1%
Property Type-Detached
MLS® Number-X14087634
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-121.39 × 241.24 ft
Listed on site-Oct 16, 2026
Style-Bungalow
Building Type-Detached
Age-New
Parking-6 - Attached
Basement-Unfinished, Full, Walk-Out
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TEAM REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Vinyl Siding, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-TBA
Neighbourhood-551 - Mcnab/Braeside Twps
Title-Residential Freehold

No agent assigned

Situated in the second phase of Hogan Heights, this newly constructed bungalow by Mackie Homes offers the serenity of country living with convenient access to recreation, shopping, schools, and nearby trails. The Benton Walkout Model offers approximately 1,978 sq ft of above-ground living space, with an open-concept layout. This thoughtfully designed home features three bedrooms, two bathrooms, and a desirable walkout elevation, with an unfinished lower level that provides flexibility for future living space. A welcoming interior features neutral finishes, large windows with transoms, and a tray ceiling with recessed lighting in the principal living areas. The kitchen combines warm wood cabinetry with quartz countertops, a tile backsplash, and a spacious contrasting white centre island. A walk-in pantry provides additional storage, while the adjoining dining area is framed by expansive windows overlooking the front of the property. The great room features a natural gas fireplace with a mantel and sliding glass doors opening to a covered rear porch. The primary bedroom includes a walk-in closet and a beautifully appointed five-piece ensuite with a double vanity, freestanding soaker tub, and glass-enclosed shower. Two additional bedrooms and a full bathroom complete the main living area. A family entrance with custom built-in bench seating, hooks, and storage provides convenient access to the attached three-car garage. HST is not included in the Listed Price.

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

Closing Costs

Mortgage Amount
$663,920
Land Transfer Taxes$13,073
Legal Fees (Est.)
$
Total cash required for closing$180,553

Total Monthly Obligation

$3,723/mo
Mortgage $3,348
Monthly Loss $2,842
Principal$881
Interest$2,467
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.8%1
5-Year IRR
7.8%22
10-Year IRR
8.8%
Returns Index
12.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$30,288/yr
NOI
$22,759/yr
Net Cash Flow
-$1,451/mo
Cash Margin
-57.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.1/ 100

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

Comparables

Properties near 63 Hogan Drive

Time

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