1601 Greenway Drive, North Middlesex

$474,900
1601 Greenway Drive

$474,900

New
8d
Detached1 1/2 Storey

1601 Greenway Drive, North Middlesex

Total Monthly Obligation $2,470

Beds
4
Baths
2
Park
6
Sqft
1500-2000
DOM
8d
Yield
8.0%
Cash on Cash
11.4%
Cap Rate
7.0%
5Y IRR
24.8%
10Y IRR
22.4%
Property Type-Detached
MLS® Number-X14094762
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-92.5 × 132 ft
Listed on site-Oct 15, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$2,150.2 (2026)
Parking-6 - None
Basement-Partial Basement
Heating-Forced Air (Gas)
Brokerage-RE/MAX BLUEWATER REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Metal
Foundation-Poured Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-Rural North Middlesex
Title-Residential Freehold

No agent assigned

Welcome to 1601 Greenway Drive, North Middlesex where you will find a charming 1,849 sq ft two storey home that allows for peaceful rural living only 9KMs SE of Grand Bend! Situated on a 92.5'x132' property allowing for a spacious fenced back yard with double wide private driveway. The two storey home has been tastefully updated over the years from kitchens, bathroom, flooring, windows, electrical, plumbing, HVAC, siding, decks and more. Step into the entrance foyer that brings you into the laundry room offering updated washer/dryer & a wall of built-in cabinets. Enter the open concept great room with kitchen dining and living. Generous sized living room with lots of natural light. Spacious kitchen with eat-in dining space offering updated cabinetry, hardware, countertops, pantry and stainless steel appliances. Bonus den area with lots of windows next to the smaller main floor bedroom that would make a great kids room or office. Main floor primary bedroom with cheater ensuite access to the main floor updated four peice bathroom. Second level allows for another two bedrooms and two piece bathroom. Step out onto the updated back deck with gazebo for shade and lots of space for BBQing. All overlooking the large fenced backyard. Offers some raised garden beds to grow your vegetables, small pond and two garden sheds with one being newly added. This location in Greenway allows for rural living while being only 5 minute drive from Grand Bend amenities and 10 minute drive from Parkhill amenities.

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Closing Costs

Mortgage Amount
$379,920
Land Transfer Taxes$5,973
Legal Fees (Est.)
$
Total cash required for closing$102,453

Total Monthly Obligation

$2,470/mo
Mortgage $1,916
Monthly Loss $1,966
Principal$504
Interest$1,412
Property Tax$179
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 1601 Greenway Drive

Time

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