5 Ballard Drive, King

$2,400,000
5 Ballard Drive

$2,400,000

New
21d
Detached2-Storey

5 Ballard Drive, King

Total Monthly Obligation $10,812

Beds
4
Baths
5
Park
2
Sqft
3500-5000
DOM
21d
Score
14
Yield
2.7%
Cash on Cash
-11.2%
Cap Rate
2.2%
5Y IRR
6.9%
10Y IRR
7.8%
Property Type-Detached
MLS® Number-N13856216
Beds-4
Bathrooms-5
Size-3500-5000 sqft
Lot Size-60 × 120 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Detached
Taxes-$9,073 (2025)
Parking-4 - Attached
Basement-Full
Heating-Forced Air (Gas)
Brokerage-ANALYST REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flex
Neighbourhood-Nobleton
Title-Residential Freehold

No agent assigned

Welcome to this luxurious 4672 sq. ft. fully renovated home, beautifully situated in the prestigious Gates of Nobleton community by Tribute Homes. This remarkable residence is designed for the discerning buyer, offering an expansive layout with custom finishes and a sophisticated ambiance throughout. As you step inside, the grandeur of 10-foot ceilings on the main floor, complemented by 9-foot ceilings on both the second floor and the impressive 2,188 sq. ft. unfinished basement, immediately draws you in. The homes oversized gourmet kitchen serves as a centerpiece, featuring a large eat-in island with quartz countertops, perfect for family gatherings or casual dining. Culinary enthusiasts will appreciate the fully upgraded kitchen equipped with a Thermador double wall oven, a Wolf stove range, a Subzero refrigerator, and an expansive walk-in pantry that adds convenience to elegance. The main floors layout exudes elegance and comfort, showcasing a large family room, a formal dining room ideal for entertaining, and a sophisticated living room that sets a warm, inviting tone. Each of the four generously sized bedrooms offers a private retreat, complete with its own walk-in closet and ensuite bathroom, providing unparalleled privacy and comfort for family members and guests alike. This home embodies modern luxury with meticulous attention to detail, creating a blend of elegance and functionality in one of Nobleton's most coveted communities.

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

Closing Costs

Mortgage Amount
$1,920,000
Land Transfer Taxes$46,475
Legal Fees (Est.)
$
Total cash required for closing$527,975

Total Monthly Obligation

$10,812/mo
Mortgage $9,681
Monthly Loss $8,264
Principal$2,548
Interest$7,133
Property Tax$756
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.8%0
5-Year IRR
4.7%10
10-Year IRR
6.4%
Returns Index
6.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$64,932/yr
NOI
$44,866/yr
Net Cash Flow
-$5,942/mo
Cash Margin
-109.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo16
Risk Index
12.3/ 100

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

Comparables

Properties near 5 Ballard 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.