231 Pratt Drive, Loyalist

$649,469
231 Pratt Drive

$649,469

New
3d
DetachedBungalow

231 Pratt Drive, Loyalist

Total Monthly Obligation $2,995

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
1100-1500
DOM
3d
Score
20
Yield
4.2%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Detached
MLS® Number-X14099766
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-50 × 105 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Age-New
Parking-4 - Attached
Basement-Unfinished, Full
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP-MASTERS REALTY INC., BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-5-5.5 Months
Neighbourhood-54 - Amherstview
Title-Residential Freehold

No agent assigned

*Take Advantage of the 13% HST Rebate (Reflected in the listing price)* - Welcome to 231 Pratt Drive in Amherstview, Ontario in the beautiful Lakeside Ponds subdivision. This soon-to-be-built 1,200 square foot bungalow features 2 bedrooms and 2 bathrooms, with an open concept kitchen leading to a large living room/dining room. This home sits on a 50 foot corner lot and comes with a double car garage and many features throughout that are sure to impress that include A/C, quartz kitchen countertops with soft close drawers and doors, 9'ceilings throughout the main level, ceramic tile in all wet rooms, and engineered hardwood flooring throughout. The basement has a rough-in bathroom giving you the potential to turn the space into a secondary suite or a large open recreation space for the family! This home is close to shopping, parks, restaurants, golf, and more! Don't miss out on your opportunity to own this home!

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

Closing Costs

Mortgage Amount
$519,575
Land Transfer Taxes$9,464
Legal Fees (Est.)
$
Total cash required for closing$140,858

Total Monthly Obligation

$2,995/mo
Mortgage $2,620
Monthly Loss $2,305
Principal$689
Interest$1,930
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-7.9%1
5-Year IRR
9.3%31
10-Year IRR
9.9%
Returns Index
16.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$27,600/yr
NOI
$20,340/yr
Net Cash Flow
-$925/mo
Cash Margin
-40.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
26.9/ 100

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

Comparables

Properties near 231 Pratt Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.