12 Briscoe Crescent, Strathroy-Caradoc

$819,000
12 Briscoe Crescent

$819,000

New
3d
DetachedBungalow

12 Briscoe Crescent, Strathroy-Caradoc

Total Monthly Obligation $4,078

Beds
3
Baths
3
Park
2
Sqft
1100-1500
DOM
3d
Score
17
Yield
4.3%
Cash on Cash
-5.4%
Cap Rate
3.4%
5Y IRR
11.3%
10Y IRR
11.2%
Property Type-Detached
MLS® Number-X14099880
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-49.35 × 112.97 ft
Listed on site-Oct 20, 2026
Style-Bungalow
Building Type-Detached
Age-0-5
Taxes-$4,792.19 (2026)
Parking-4 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-NE
Title-Residential Freehold

No agent assigned

Welcome to this beautifully designed bungalow, built in 2022 and offering the perfect blend of modern comfort, style and low-maintenance living - with no condo fees! This thoughtfully designed home features two spacious bedrooms on the main floor, plus a third bedroom in the fully finished lower level, along with three full bathrooms. Updated appliances with ample cupboard space and a pantry in the kitchen. The bright, open-concept main living area with cathedral ceilings provides an inviting space for everyday living and entertaining, while the main-floor laundry adds convenience.The finished lower level offers excellent additional living space, a third bedroom and abundant storage, making it ideal for guests, family, a home office or recreation space. Enjoy the convenience of a two-car garage, complete with EV charger plus an impressive exterior designed for entertaining. Beautiful stonework and interlocking create exceptional curb appeal, while the large rear deck and dedicated lower entertaining area overlook the fully fenced yard - the perfect setting for summer gatherings and relaxing evenings.Additional features include a tankless water heater and the peace of mind that comes with a newer 2022-built home.If you're looking for a stylish, spacious home that offers maintenance-free living without condo fees, this Strathroy bungalow is a must-see!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$655,200
Land Transfer Taxes$12,855
Legal Fees (Est.)
$
Total cash required for closing$178,155

Total Monthly Obligation

$4,078/mo
Mortgage $3,304
Monthly Loss $3,209
Principal$869
Interest$2,434
Property Tax$399
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%16
Cash-on-Cash
-9.7%1
5-Year IRR
8.0%23
10-Year IRR
9.0%
Returns Index
12.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$35,400/yr
NOI
$22,568/yr
Net Cash Flow
-$1,423/mo
Cash Margin
-48.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
20.7/ 100

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

Comparables

Properties near 12 Briscoe Crescent

Time

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