818 David Manchester Road, Carp - Huntley Ward

$524,900
818 David Manchester Road

$524,900

Deal Fell Through
95d
DetachedBungalow

818 David Manchester Road, Carp - Huntley Ward

Total Monthly Obligation $2,826

Beds
4
Baths
2
Park
5
Sqft
2500-3000
DOM
95d
Score
45
Yield
8.3%
Cash on Cash
11.5%
Cap Rate
7.0%
5Y IRR
24.8%
10Y IRR
22.4%
Property Type-Detached
MLS® Number-X13586538
Beds-4
Bathrooms-2
Size-2500-3000 sqft
Lot Size-250 × 411.5 ft
Listed on site-Jul 20, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,004 (2025)
Parking-15 - Detached
Basement-Partially Finished, Walk-Out
Heating-Forced Air (Oil)
Brokerage-ROYAL LEPAGE INTEGRITY REALTY
Cooling-None
Laundry-No
Fireplace-Family Room
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block, Concrete Block
Sewer-Septic
Possession-TBD
Neighbourhood-9105 - Huntley Ward (South West)
Title-Residential Freehold

No agent assigned

Nestled on a private 2.36-acre property in the heart of Carp, this detached bungalow offers a rare opportunity for investors, contractors, or buyers looking to create their dream country retreat. Surrounded by mature trees, hedges, and fruit trees, the property provides a peaceful setting with endless potential. The home features 4 bedrooms, 2 bathrooms, and a spacious layout with hardwood, laminate, carpet, and mixed flooring throughout. A large screened-in porch offers the perfect place to relax and enjoy the natural surroundings. The walk-out basement includes an approximately 800 sq. ft. apartment, making it ideal for extended family, guests, or future income potential. There is also an abundance of storage space in the basement. A standout feature is the impressive 68' x 26' heated garage/warehouse, equipped with radiant heat, providing exceptional space for hobbies, equipment, a workshop, or business use. This property requires significant updating and repairs but offers outstanding value in a sought-after rural location. The home is being sold by the trustees in "as is, where is" condition with no representations, warranties, or guarantees. A unique opportunity to restore and personalize a country property with exceptional land, outbuildings, and potential.

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

Closing Costs

Mortgage Amount
$419,920
Land Transfer Taxes$6,973
Legal Fees (Est.)
$
Total cash required for closing$113,453

Total Monthly Obligation

$2,826/mo
Mortgage $2,117
Monthly Loss $2,269
Principal$557
Interest$1,560
Property Tax$334
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.9%49
Cash-on-Cash
4.9%22
5-Year IRR
19.7%91
10-Year IRR
18.5%
Returns Index
54.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
45/ 100
Poor•Caution

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$43,800/yr
NOI
$30,916/yr
Net Cash Flow
$459/mo
Cash Margin
12.6%38
Cash Flow Index
38.1/ 100
Risk Profile
Weight: 20%
DSCR
1.2247
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
40.5/ 100

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

Comparables

Properties near 818 David Manchester Road

Time

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