1226 Matheson Road, Cyrville - Carson Grove - Pineview

$849,900
1226 Matheson Road

$849,900

Price Change
79d
Detached2-Storey

1226 Matheson Road, Cyrville - Carson Grove - Pineview

Total Monthly Obligation $4,334

Beds
5
Baths
4
Park
2
Sqft
1500-2000
DOM
79d
Score
21
Yield
5.8%
Cash on Cash
0.5%
Cap Rate
4.7%
5Y IRR
16.0%
10Y IRR
14.9%
Property Type-Detached
MLS® Number-X13640928
Beds-5
Bathrooms-4
Size-1500-2000 sqft
Lot Size-64.46 × 100.72 ft
Listed on site-Aug 5, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,373.3 (2026)
Parking-3 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-COMFREE
Cooling-Central Air
Laundry-No
Fireplace-Fireplace Insert
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-2202 - Carson Grove
Title-Residential Freehold

No agent assigned

Welcome to a truly one-of-a-kind home in the desirable, family-oriented neighborhood of Carson Grove. Perfectly positioned on an expansive corner double lot directly across from White Rock Park, this property offers serene, open views and approximately 2,200 sq.ft. of tastefully finished living space featuring 3+2 bedrooms and 3.5bathrooms.Extensively renovated in 2025, the main level features a gas fireplace in the family room, an adjoining dining room, and a brand-new modern kitchen complete with updated appliances and an integrated microwave. Enjoy year-round relaxation in the bright solarium, featuring a 4-seathot tub. The fully finished basement adds versatile living options with a spacious gathering area, an additional bedroom, and a full bathroom with laundry. Upgrades throughout the home (2025) includes acacia and laminate flooring across all levels, newly finished staircases, updated trim work, modern light fixtures, and a fresh coat of paint. Additional comforts include central vacuum, a single-car built-in garage, and a huge backyard ideal for outdoor entertaining. Key updates include the roof and air conditioning (2015). Ideally situated close to schools, hospitals, shopping, and everyday amenities, this turnkey property is a rare find!

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

Closing Costs

Mortgage Amount
$679,920
Land Transfer Taxes$13,473
Legal Fees (Est.)
$
Total cash required for closing$184,953

Total Monthly Obligation

$4,334/mo
Mortgage $3,428
Monthly Loss $3,432
Principal$902
Interest$2,526
Property Tax$531
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.2%3
5-Year IRR
12.3%52
10-Year IRR
12.4%
Returns Index
27.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$49,200/yr
NOI
$33,407/yr
Net Cash Flow
-$644/mo
Cash Margin
-15.7%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
22.5/ 100

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

Comparables

Properties near 1226 Matheson Road

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.