279 Oak Street, Lucan Biddulph

$699,999
279 Oak Street

$699,999

New
7d
Detached2-Storey

279 Oak Street, Lucan Biddulph

Total Monthly Obligation $3,533

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
7d
Score
22
Yield
5.7%
Cash on Cash
0.5%
Cap Rate
4.7%
5Y IRR
16.0%
10Y IRR
15.0%
Property Type-Detached
MLS® Number-X14088820
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-40 × 149 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$4,014 (2025)
Parking-4 - Attached
Basement-Full, Development Potential
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding, Stone
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Lucan
Title-Residential Freehold

No agent assigned

Welcome to 279 Oak Street, a rare opportunity to own a newer home tucked away in a mature and established pocket in Lucan. Situated on a quiet dead-end street that many don't even know exists, this home offers the perfect blend of modern living and the charm of a mature neighbourhood.From the moment you arrive, you'll appreciate the exceptional curb appeal featuring stone accents, an inviting covered front porch, and a welcoming exterior. Step inside to a bright foyer where you'll find a conveniently located powder room, main floor laundry, and inside access to the garage. The heart of the home is the stunning open-concept living space, highlighted by a custom kitchen with extensive cabinetry, granite countertops, a large island with seating for added convenience.Upstairs, the thoughtfully designed layout offers three spacious bedrooms and two full bathrooms. The impressive primary suite is a true retreat, showcasing a soaring vaulted ceiling, two closets including a walk-in closet, and a beautifully appointed 4-piece ensuite complete with a double sink vanity.The basement presents an incredible opportunity to add your own finishing touches. Much of the work has already been completed, leaving only the flooring, ceilings, and the rough-in bathroom to finish, allowing you to customize the space to suit your family's needs.The backyard is where this property truly sets itself apart. Unlike the typical newer subdivision lot, you'll enjoy an expansive, private outdoor space surrounded by mature trees. A raised deck provides the perfect setting for summer barbecues, morning coffee, or simply relaxing while taking in the peaceful surroundings. It's a backyard that's increasingly difficult to find in newer homes and one that makes this property truly special.

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

Closing Costs

Mortgage Amount
$559,999
Land Transfer Taxes$10,475
Legal Fees (Est.)
$
Total cash required for closing$151,975

Total Monthly Obligation

$3,533/mo
Mortgage $2,824
Monthly Loss $2,790
Principal$743
Interest$2,081
Property Tax$335
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.5%3
5-Year IRR
12.1%51
10-Year IRR
12.2%
Returns Index
26.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$39,600/yr
NOI
$27,126/yr
Net Cash Flow
-$563/mo
Cash Margin
-17.1%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
25.5/ 100

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

Comparables

Properties near 279 Oak Street

Time

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Data last updated within the past 24 hours.