59 ALLISTER Drive, Middlesex Centre

$815,000
59 ALLISTER Drive

$815,000

New
4d
Detached2-Storey

59 ALLISTER Drive, Middlesex Centre

Total Monthly Obligation $4,079

Beds
4
Baths
3
Park
4
Sqft
2000-2500
DOM
4d
Score
18
Yield
4.6%
Cash on Cash
-4.4%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.9%
Property Type-Detached
MLS® Number-X14100172
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-40 × 118 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Detached
Age-New
Taxes-$5,000 (2025)
Parking-6 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-TEAM GLASSER REAL ESTATE BROKERAGE INC.
Cooling-Central Air
Laundry-No
Fireplace-Fireplace Insert, Natural Gas, Living Room
Pool-None
Facing-East
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Other
Possession-2027 Summer / Flexible
Neighbourhood-Kilworth
Title-Residential Freehold

No agent assigned

PRICE IS INCLUDING NEW HST REBATE FOR AGREEMENTS SIGNED By MARCH 31ST 2027 FOR PRINCIPAL RESIDENCE HOMES. The Model is TO BE BUILT BY JULY 2027- The 2,011 sq ft Indigo Model by award-winning Magnus Homes is a well-designed 4-bedroom, 2-storey home on a 40' lot in desirable Kilworth Heights III. Bright open-concept main floor with large windows, island kitchen, Huge Pantry and great flow for family living and entertaining. Upper level offers four spacious bedrooms, including a bright and large primary suite & large double sink ensuite with stand alone tub & glass/tile shower. Quality finishes include 9' ceilings, engineered hardwood, quartz countertops throughout, and fully tiled baths. Exterior finishes selected from builder samples (brick/stone/siding). Fully sodded lot, concrete or paverstone driveway, and attached 2-car garage included. Come see our standard in person (All Kilworth models sold until Dec '26-We have models in Grand Bend's Sol Haven)! Family-friendly neighbourhood with country feel, close to trails, Komoka Ponds, river, and community centre. NEW in 2026: walk to grocery, pharmacy, plaza, and new primary school. tax is estimate. Builder related to realtors. Photos may vary by model and upgrades. Make an appt to come and see us in Grand Bend (or we have a Bungaloft coming available in Kilworth)

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

Closing Costs

Mortgage Amount
$652,000
Land Transfer Taxes$12,775
Legal Fees (Est.)
$
Total cash required for closing$177,275

Total Monthly Obligation

$4,079/mo
Mortgage $3,287
Monthly Loss $3,214
Principal$865
Interest$2,422
Property Tax$417
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.8%1
5-Year IRR
8.7%27
10-Year IRR
9.6%
Returns Index
14.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$37,296/yr
NOI
$24,066/yr
Net Cash Flow
-$1,282/mo
Cash Margin
-41.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.617
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
21.0/ 100

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

Comparables

Properties near 59 ALLISTER Drive

Time

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