1874 Windham Road 7, Norfolk

$1,199,000
1874 Windham Road 7

$1,199,000

Price Change
88d
DetachedBungalow

1874 Windham Road 7, Norfolk

Total Monthly Obligation $5,830

Beds
6
Baths
3
Park
10
Sqft
1500-2000
DOM
88d
Score
16
Yield
4.0%
Cash on Cash
-6.7%
Cap Rate
3.1%
5Y IRR
10.3%
10Y IRR
10.4%
Property Type-Detached
MLS® Number-X13618370
Beds-6
Bathrooms-3
Size-1500-2000 sqft
Lot Size-129.99 × 160 ft
Listed on site-Jul 27, 2026
Style-Bungalow
Building Type-Detached
Taxes-$7,428 (2026)
Parking-14 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-90 days
Neighbourhood-Rural Windham
Title-Residential Freehold

No agent assigned

Welcome to 1874 Windham Road 7, Vanessa! Beautiful 2017-built bungalow situated on a private 0.48-acre lot with no rear or side neighbours, just minutes to Waterford and Simcoe. This spacious home offers 1,723 sq_ ft. above grade plus a finished basement, featuring 3+3 bedrooms and 3 full bathrooms. Enjoy an open-concept design with vaulted ceilings, abundant natural light, quartz kitchen countertops, ample cabinetry, and a spacious primary bedroom with a 4-piece ensuite and walk-in closet. The oversized 23.4' x 22.2' heated attached garage features in-floor heating, a separate garage heater, EV charging outlet, and overhead storage. Both garages and storage have separate electrical panels, with the detached double garage offering gas and electrical rough-ins for future potential. The private backyard includes a covered patio, hot tub, and gas BBQ hookup. Additional upgrades include 200-amp service, wheelchair-accessible shower, sound-insulated flooring, R30+ basement insulation, spray-foamed basement walls, Decore flooring, and parking for approximately 12 vehicles. Over $150,000 invested in improvements, including permits for detached double garage 24X24 2 sided garage door, concrete slabs and tree planting for added privacy. A rare opportunity combining modern comfort, quality upgrades, privacy, and future potential!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$959,200
Land Transfer Taxes$20,455
Legal Fees (Est.)
$
Total cash required for closing$261,755

Total Monthly Obligation

$5,830/mo
Mortgage $4,836
Monthly Loss $4,558
Principal$1,273
Interest$3,564
Property Tax$619
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%15
Cash-on-Cash
-10.4%1
5-Year IRR
7.4%20
10-Year IRR
8.6%
Returns Index
11.4/ 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
$48,000/yr
NOI
$31,272/yr
Net Cash Flow
-$2,230/mo
Cash Margin
-55.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.545
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo25
Risk Index
16.4/ 100

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

Comparables

Properties near 1874 Windham Road 7

Time

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