20 Parkview Drive, St. Thomas

$799,900
20 Parkview Drive

$799,900

New
24d
Detached2-Storey

20 Parkview Drive, St. Thomas

Total Monthly Obligation $4,016

Beds
4
Baths
3
Park
4
Sqft
2000-2500
DOM
24d
Score
18
Yield
4.7%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Detached
MLS® Number-X13838776
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-90 × 122 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Detached
Taxes-$4,977 (2025)
Parking-6 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-TEAM GLASSER REAL ESTATE BROKERAGE INC.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Wood
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-St. Thomas
Title-Residential Freehold

No agent assigned

Welcome to 20 Parkview Drive, a beautifully maintained and extensively updated family home in one of St. Thomas' most sought-after neighbourhoods. Ideally situated within walking distance to St. Thomas Elgin General Hospital and Pinafore Park, this exceptional property combines an unbeatable location with spacious living and thoughtful upgrades throughout. Set on an oversized lot, the home offers outstanding curb appeal with a double car garage, freshly sealed driveway, and newly epoxied covered front porch. The fully fenced backyard is a private retreat featuring mature trees, perennial gardens, and multiple patio areas perfect for entertaining. Inside you'll find a carpet-free interior with matching tile flooring, real hardwood floors, and a stunning hardwood staircase. The versatile floor plan includes 4 generously sized bedrooms upstairs, each featuring two windows that provide abundant natural light. A basement den offers excellent potential to serve as a 5th bedroom or home office. The home features 2.5 beautifully updated bathrooms, with a bathroom conveniently located on each level. Formal living and dining rooms are anchored by a charming double-sided wood-burning fireplace, while the family room showcases floor-to-ceiling windows and a custom stone natural gas fireplace, creating an inviting space to gather year-round. The eat-in kitchen is designed for both everyday living and entertaining, featuring granite countertops, a double sink with garburator, and counter-depth appliances including a new refrigerator (2025), new dishwasher (2026), and stove. The fully finished basement (2024) provides valuable additional living space, while the dedicated laundry room includes a new washer and dryer (2024). Additional updates: Windows replaced (2011), Owned on-demand water heater, Updated 200-amp electrical panel, Furnace and AC professionally serviced annually, HVAC ductwork cleaned (2026), Both fireplaces professionally serviced (2026), Natural gas BBQ hookup.

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

Closing Costs

Mortgage Amount
$639,920
Land Transfer Taxes$12,473
Legal Fees (Est.)
$
Total cash required for closing$173,953

Total Monthly Obligation

$4,016/mo
Mortgage $3,227
Monthly Loss $3,167
Principal$849
Interest$2,378
Property Tax$415
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.5%1
5-Year IRR
8.9%29
10-Year IRR
9.8%
Returns Index
15.5/ 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
$37,380/yr
NOI
$24,165/yr
Net Cash Flow
-$1,213/mo
Cash Margin
-38.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.628
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
21.3/ 100

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

Comparables

Properties near 20 Parkview Drive

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.

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Data last updated within the past 24 hours.