369 Lakeside Drive, North Bay

$499,000
369 Lakeside Drive

$499,000

New
3d
DetachedBungalow

369 Lakeside Drive, North Bay

Total Monthly Obligation $2,752

HausQ Valuation Report
Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
3d
Score
32
Yield
7.7%
Cash on Cash
7.9%
Cap Rate
6.3%
5Y IRR
22.0%
10Y IRR
19.9%
Property Type-Detached
MLS® Number-X14098564
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-60 × 140 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$4,373.86 (2026)
Parking-2 - None
Basement-Full
Heating-Radiant (Gas)
Brokerage-Coldwell Banker Access
Cooling-None
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block, Concrete Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-Birchaven
Title-Residential Freehold

No agent assigned

3 Bedroom, two bath, Brick Bungalow with an excellent location close to the Cove at Trout Lake. Features a large level lot, fenced in back yard, full basement, gas fired hot water heat, hardwood flooring, wood and gas fireplaces. Great layout with a front and rear entry, side door to the partially finished basement. Quiet neighbourhood, sidewalks, on bus route, with full municipl services, being sold in as is condition.

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

Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$2,752/mo
Mortgage $2,013
Monthly Loss $2,223
Principal$530
Interest$1,483
Property Tax$364
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.1%40
Cash-on-Cash
1.4%10
5-Year IRR
16.9%81
10-Year IRR
16.2%
Returns Index
44.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
32/ 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
$38,400/yr
NOI
$25,686/yr
Net Cash Flow
$128/mo
Cash Margin
4.0%10
Cash Flow Index
10.0/ 100
Risk Profile
Weight: 20%
DSCR
1.0632
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo59
Risk Index
36.3/ 100

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

Comparables

Properties near 369 Lakeside Drive

Time

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