29 Sheldabren Street, North Middlesex

$595,000
29 Sheldabren Street

$595,000

New
3d
DetachedBungalow

29 Sheldabren Street, North Middlesex

Total Monthly Obligation $2,775

Beds
3
Baths
2
Park
2
Sqft
1500-2000
DOM
3d
Score
22
Yield
5.0%
Cash on Cash
0.3%
Cap Rate
4.6%
5Y IRR
15.8%
10Y IRR
14.8%
Property Type-Detached
MLS® Number-X14098018
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-40.12 × 110.14 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Age-New
Parking-4 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Move In Ready
Neighbourhood-Ailsa Craig
Title-Residential Freehold

No agent assigned

MOVE-IN READY - Welcome to the ELIZABETH model! This beautifully built 1,585 sqft bungalow by Robinson Carpentry, offers comfort, quality, and easy one-level living. Featuring 3 bedrooms and 2 full baths, the bright, open layout is perfect for everyday living and entertaining. The kitchen includes custom cabinetry, quartz countertops, and ample prep space, with waterproof laminate throughout. The primary suite offers a walk-in closet and 4-piece ensuite, while two additional bedrooms provide flexibility for guests or a home office. Built with quality finishes, including 40-year shingles, a fully insulated, steel-lined garage, 200-amp service, and mudroom access. Enjoy the covered front porch, a 5-piece appliance package, and an owned on-demand hot water tank for added efficiency and savings. Perfect for first-time buyers or those looking to simplify with low-maintenance living. Ausable Bluffs is only 20 minutes away from north London, 15 minutes east of Strathroy, and 25 minutes to the beautiful shores of Lake Huron. Taxes & Assessed Value yet to be determined. List price reflects the Government HST rebate, subject to buyer qualification. Price is contingent on Buyer eligibility of rebate.

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

Closing Costs

Mortgage Amount
$476,000
Land Transfer Taxes$8,375
Legal Fees (Est.)
$
Total cash required for closing$128,875

Total Monthly Obligation

$2,775/mo
Mortgage $2,400
Monthly Loss $2,143
Principal$632
Interest$1,768
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.9%2
5-Year IRR
11.7%47
10-Year IRR
11.8%
Returns Index
24.9/ 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
$30,000/yr
NOI
$22,500/yr
Net Cash Flow
-$525/mo
Cash Margin
-21.0%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo59
Risk Index
30.1/ 100

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

Comparables

Properties near 29 Sheldabren Street

Time

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