16 Loree Drive, Adjala-Tosorontio

$1,099,900
16 Loree Drive

$1,099,900

Price Change
25d
Detached2-Storey

16 Loree Drive, Adjala-Tosorontio

Total Monthly Obligation $5,269

Beds
5
Baths
4
Park
7
Sqft
2500-3000
DOM
25d
Score
19
Yield
4.9%
Cash on Cash
-2.1%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Detached
MLS® Number-N13836464
Beds-5
Bathrooms-4
Size-2500-3000 sqft
Lot Size-80.71 × 247.31 ft
Listed on site-Sep 28, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$5,486.64 (2026)
Parking-9 - Attached
Basement-Apartment, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE RCR REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-Above Ground
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Concrete Block
Sewer-Septic
Possession-TBD
Neighbourhood-Everett
Title-Residential Freehold

No agent assigned

Welcome to 16 Loree Drive in Everett, an exceptional property offering the perfect combination of comfortable family living, multi-generational potential and outstanding space for a home-based business. This stunning home features three plus two bedrooms, along with a lower level in-law suite complete with its own separate entrance - ideal for extended family, guests or additional living space. Step outside and discover a true backyard oasis. The impressive outdoor living areas include partially above-ground pool with a wraparound deck, a second poolside patio for relaxing and entertaining, and an adorable bonus "she shed" with hydro that adds charm and versatility to the property. Large outdoor 400 sq ft living space in the covered enclosed back patio, main bathrooms all have heated flooring, front entrance and patio entrance have heated flooring. Two sand points on the property allowing for plenty of water. Upgrades galore - main floor and new kitchen as well as addition in 2020, second floor redesigned in 2022, lower level apartment 2020, Roof 2013, new a/c 2022, new furnace 2021, new water heater owned 2026, hot tub 2017, pool 2021, pool heater 2025, shop was built in 2019. Garden greenhouse with sides that can removed and replaced during the seasons. The standout feature is the fully permitted 28' x 36' heated shop, equipped with water and its own septic system. It is an incredible opportunity for salespeople, contractors, hobbyists or entrepreneurs looking to operate a business from home. An additional C-Can provides convenient company or equipment storage. With incredible outdoor living space, flexible accommodations and a fully equipped shop, this one-of-a-kind property truly has it all. It is a tradesperson's dream, a business owners opportunity and a welcoming home designed for extended family living.

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

Closing Costs

Mortgage Amount
$879,920
Land Transfer Taxes$18,473
Legal Fees (Est.)
$
Total cash required for closing$239,953

Total Monthly Obligation

$5,269/mo
Mortgage $4,437
Monthly Loss $4,101
Principal$1,168
Interest$3,269
Property Tax$457
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.5%22
Cash-on-Cash
-6.2%2
5-Year IRR
10.7%40
10-Year IRR
11.1%
Returns Index
21.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$54,000/yr
NOI
$38,613/yr
Net Cash Flow
-$1,219/mo
Cash Margin
-27.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
19.1/ 100

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

Comparables

Properties near 16 Loree 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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.