90 Alderson Drive 3, Cambridge

$749,000
90 Alderson Drive 3

$749,000

Price Change
24d
Detached2-Storey

90 Alderson Drive 3, Cambridge

Total Monthly Obligation $3,847

Beds
3
Baths
4
Park
2
Sqft
1500-2000
DOM
24d
Score
18
Yield
4.7%
Cash on Cash
-4.4%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.9%
Property Type-Detached
MLS® Number-X13840198
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-33 × 112 ft
Listed on site-Sep 29, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,411.63 (2026)
Parking-3 - Attached
Basement-Full, Finished, Finished with Walk-Out, Separate Entrance, Walk-Out, Development Potential
Heating-Forced Air (Gas)
Brokerage-REAL ESTATE HOMEWARD
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-West
Exterior-Brick Veneer, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Title-Residential Freehold

No agent assigned

Tucked away on a quiet private street in Hespeler, this detached family home offers a great layout, lots of usable space and excellent privacy. With a fully finished basement and outdoor living on two levels, it's a home that makes day-to-day life feel a little easier. Another added convenience: interior access to the garage. The main floor is bright and comfortable, with a vaulted ceiling, spacious kitchen and plenty of room to gather. The L-shaped living and dining areas work just as well for a quiet night in as they do when you have family and friends over. Step outside to the large deck with gazebo and natural gas BBQ line, where you can enjoy summer dinners, morning coffee or simply unwind at the end of the day. Upstairs are three good-sized bedrooms, including a spacious primary with ensuite. The finished lower level adds even more flexibility, with high ceilings, a large rec room and a separate den/office that can become whatever you need it to be - a guest room, gym, playroom or dedicated work-from-home space. There's also a new 3 piece bathroom here and direct walkout access to the backyard. With no homes directly behind you, the backyard feels open and private without being a lot of work to maintain. Neighbours have added a kitchen and turned the basement into a legal apartment securing rental income to offset their mortgage. Alderson Drive is a small private enclave where the traffic is from the people who actually live here. The monthly common-elements fee includes snow removal and private garbage collection, so there are fewer things for you to worry about. You're just minutes from the 401 and close to schools, parks, trails, the Grand River and Hespeler Village, so you can enjoy a quieter setting without giving up convenience. Come see how easily you could make this home your own!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$599,200
Land Transfer Taxes$11,455
Legal Fees (Est.)
$
Total cash required for closing$162,755

Total Monthly Obligation

$3,847/mo
Mortgage $3,021
Monthly Loss $3,052
Principal$795
Interest$2,226
Property Tax$451
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-9.0%1
5-Year IRR
8.6%26
10-Year IRR
9.5%
Returns Index
14.4/ 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
$35,280/yr
NOI
$21,840/yr
Net Cash Flow
-$1,201/mo
Cash Margin
-40.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.8/ 100

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

Comparables

Properties near 90 Alderson Drive 3

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.