128 Elaine Drive, Orangeville

$749,987
128 Elaine Drive

$749,987

New
3d
Detached2-Storey

128 Elaine Drive, Orangeville

Total Monthly Obligation $3,848

Beds
4
Baths
4
Park
4
Sqft
1100-1500
DOM
3d
Score
16
Yield
4.6%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.6%
10Y IRR
11.5%
Property Type-Detached
MLS® Number-W14096904
Beds-4
Bathrooms-4
Size-1100-1500 sqft
Lot Size-39.37 × 109.91 ft
Listed on site-Oct 20, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,376.2 (2026)
Parking-5 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Orangeville
Title-Residential Freehold

No agent assigned

At 128 Elaine Dr, you do not have to choose between a central Orangeville location, useful living space and a backyard that still feels private. This move-in ready 3+1 bedroom, 4 bathroom detached home brings all three together in a layout that works especially well for first-time buyers, downsizers and anyone looking for flexibility without taking on too much house. Large windows fill the main floor with natural light, while the living and dining area, separate family room and kitchen each have their own purpose. The kitchen has stainless steel appliances, a large island and a walkout to the deck, so daily life flows easily from inside to out. Step into the backyard and the setting changes. Mature trees and established gardens create a sense of privacy, while the fully fenced yard gives you a large deck, open lawn and a gazebo that stays. It is an easy space for summer dinners, kids, pets or simply having somewhere quiet to sit outside. Upstairs, the primary bedroom includes a walk-in closet and 4-piece ensuite, with two more bedrooms and another full bath nearby. The finished basement adds a rec room, fourth bedroom, full bathroom and laundry, giving you space for guests, work, hobbies or older kids. The attached garage has inside access and is ready for EV charging, with parking for three more vehicles in the driveway. Updates include the roof in 2019, windows from 2019 to 2025 and water softener in 2019. Close to St. Andrew and Credit Meadows Elementary Schools, parks, trails, shopping and recreation, with convenient access to downtown Orangeville, Hwy 10 and the bypass. It is a home that works well now, with enough flexibility to keep working as life changes.

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

Closing Costs

Mortgage Amount
$616,790($16,800 CMHC)
Land Transfer Taxes$11,475
Legal Fees (Est.)
$
Total cash required for closing$162,972

Total Monthly Obligation

$3,933/mo
Mortgage $3,110
Monthly Loss $3,115
Principal$818
Interest$2,292
Property Tax$448
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-10.2%1
5-Year IRR
6.4%16
10-Year IRR
8.5%
Returns Index
9.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$34,140/yr
NOI
$20,850/yr
Net Cash Flow
-$1,372/mo
Cash Margin
-48.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
82.2%14
Vacancy Buffer
2.5 mo39
Risk Index
19.6/ 100

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

Comparables

Properties near 128 Elaine Drive

Time

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Data last updated within the past 24 hours.