23 Laddie Lane, Springwater

$1,249,999
23 Laddie Lane

$1,249,999

New
21d
DetachedBungalow

23 Laddie Lane, Springwater

Total Monthly Obligation $5,836

Beds
4
Baths
3
Park
6
Sqft
1500-2000
DOM
21d
Score
15
Yield
3.2%
Cash on Cash
-9.4%
Cap Rate
2.6%
5Y IRR
8.2%
10Y IRR
8.9%
Property Type-Detached
MLS® Number-S13854548
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-105.97 × 240.66 ft
Listed on site-Oct 2, 2026
Style-Bungalow
Building Type-Detached
Age-16-30
Taxes-$5,027.39 (2025)
Parking-8 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-REVEL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Wood Stove
Pool-None
Facing-East
Exterior-Brick, Concrete
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-TBD
Neighbourhood-Anten Mills
Title-Residential Freehold

No agent assigned

Nestled within the highly sought after community of Anten Mills, this exceptional custom built raised bungalow offers a rare blend of privacy, craftsmanship, and refined living on a beautifully tree lined lot set along a quiet street. Thoughtfully designed with soaring vaulted ceilings, expansive skylights, and an abundance of natural light throughout, the home delivers an inviting atmosphere with striking architectural character. Offering 3+1 bedrooms, 3 bathrooms featuring nearly 4000 sq ft of thoughtfully designed living space. The spacious primary retreat is thoughtfully appointed with a walk in closet and a stunning custom five piece ensuite w/ jacuzzi tub designed for comfort and relaxation. Privately positioned on its own upper level, the loft provides a quiet and versatile retreat ideal for a reading lounge, home workspace, studio, or peaceful escape from the main living areas. The newly renovated lower level has been carefully curated for versatility and entertaining, complete with a partial kitchen, expansive recreation area, private office, studio space, and an additional bedroom ideal for extended family or guests. Meticulously maintained with exceptional attention to detail throughout, this immaculate residence reflects pride of ownership at every turn with no detail overlooked. Offering the tranquility and natural beauty of northern living while remaining just minutes to everyday amenities, commuter routes, parks, and recreation, this is a rare opportunity to own within one of the region's most coveted and tightly held neighbourhoods. A truly exceptional offering where privacy, comfort, and timeless design come together in the heart of Anten Mills.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$999,999
Land Transfer Taxes$21,475
Legal Fees (Est.)
$
Total cash required for closing$272,975

Total Monthly Obligation

$5,836/mo
Mortgage $5,042
Monthly Loss $4,509
Principal$1,327
Interest$3,715
Property Tax$419
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.7%0
5-Year IRR
5.6%13
10-Year IRR
7.1%
Returns Index
7.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$39,768/yr
NOI
$26,264/yr
Net Cash Flow
-$2,853/mo
Cash Margin
-86.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
15.8/ 100

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

Comparables

Properties near 23 Laddie Lane

Time

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