228 Boyd Boulevard, Zorra

$749,900
228 Boyd Boulevard

$749,900

New
25d
DetachedSidesplit 4

228 Boyd Boulevard, Zorra

Total Monthly Obligation $3,805

Beds
4
Baths
3
Park
4
Sqft
1500-2000
DOM
25d
Score
19
Yield
5.0%
Cash on Cash
-2.5%
Cap Rate
4.0%
5Y IRR
13.6%
10Y IRR
13.0%
Property Type-Detached
MLS® Number-X13835692
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-61.52 × 132.87 ft
Listed on site-Sep 28, 2026
Style-Sidesplit 4
Building Type-Detached
Age-16-30
Taxes-$4,859 (2025)
Parking-6 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RINEHART REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Thamesford
Title-Residential Freehold

No agent assigned

Located in the welcoming community of Thamesford, this spacious 4 bedroom, 3 bathroom sidesplit offers three finished living levels, a double garage and a fully fenced, private backyard lined with mature trees. Standout features include a spacious kitchen with granite countertops and a large centre island, new carpeting, a generous backyard patio and in law suite potential with separate garage access to the unfinished fourth level. Important updates include new eavestroughs in 2026, new front windows and entry door in 2023, and a new furnace and reshingled roof in 2019. Step inside to a soaring entryway that leads to a bright living room with large windows and warm wood flooring. The kitchen features dark cabinetry, a large granite island with seating and a pantry. The adjoining dining area opens directly to the backyard patio, creating an easy flow for everyday meals and entertaining. Upstairs are three bedrooms, including a spacious primary with its own 4 piece ensuite and walk-in closet, plus a second 4 piece bathroom. The finished lower level offers a generous family room with a natural gas fireplace and bar area, along with a fourth bedroom, third 4 piece bathroom and separate laundry room. The unfinished fourth level provides additional storage and room for future plans, with a separate staircase from the garage offering added convenience and potential for a future in-law suite. Outside, the large backyard patio overlooks a fully fenced yard lined with mature trees, featuring a storage shed and plenty of lawn space for relaxing, playing or gathering with friends and family. Enjoy the charm of small town living in Thamesford, with local amenities nearby and convenient access to London and Woodstock!

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

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

Total Monthly Obligation

$3,805/mo
Mortgage $3,025
Monthly Loss $3,009
Principal$796
Interest$2,229
Property Tax$405
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.2%1
5-Year IRR
9.9%35
10-Year IRR
10.5%
Returns Index
18.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$37,800/yr
NOI
$24,661/yr
Net Cash Flow
-$970/mo
Cash Margin
-30.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
22.7/ 100

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

Comparables

Properties near 228 Boyd Boulevard

Time

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