21 Queen Street, Mapleton

$749,900
21 Queen Street

$749,900

New
32d
DetachedBungalow

21 Queen Street, Mapleton

Total Monthly Obligation $3,858

Beds
4
Baths
3
Park
4
Sqft
1500-2000
DOM
32d
Score
18
Yield
4.8%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Detached
MLS® Number-X13812008
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-66 × 165 ft
Listed on site-Sep 21, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,493.11 (2026)
Parking-6 - Attached
Basement-Walk-Up, Full
Heating-Forced Air (Gas)
Brokerage-Kempston & Werth Realty Ltd.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Rural Mapleton
Title-Residential Freehold

No agent assigned

Spacious all-brick bungalow in a quiet Drayton neighbourhood, offering over 2,900 sq. ft. of finished living space! Built in 1997 and enjoyed by only two owners, this well-maintained home features 2 bedrooms on the main floor, including a generous primary suite with walk-in closet and ensuite, plus convenient main-floor laundry. The large eat-in kitchen and spacious main-floor layout provide plenty of room for everyday living and entertaining. The finished basement adds 2 additional bedrooms, a rec room and 3-piece bathroom, with a walk-up to the double car garage and potential for an in-law suite. Outside, enjoy a private fully fenced backyard with mature trees. Located on a quiet street within walking distance to downtown and the renowned Drayton Festival Theatre, this home offers plenty of space, privacy and convenience in a great small-town setting.

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

Closing Costs

Mortgage Amount
$599,920
Land Transfer Taxes$11,473
Legal Fees (Est.)
$
Total cash required for closing$162,953

Total Monthly Obligation

$3,858/mo
Mortgage $3,025
Monthly Loss $3,062
Principal$796
Interest$2,229
Property Tax$458
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
8.9%28
10-Year IRR
9.7%
Returns Index
15.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$36,000/yr
NOI
$22,407/yr
Net Cash Flow
-$1,158/mo
Cash Margin
-38.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.9/ 100

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

Comparables

Properties near 21 Queen Street

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.