24 Oakwood Drive, Kawartha Lakes

$484,900
24 Oakwood Drive

$484,900

New
23d
DetachedBungalow-Raised

24 Oakwood Drive, Kawartha Lakes

Total Monthly Obligation $2,571

Beds
4
Baths
2
Park
3
Sqft
700-1100
DOM
23d
Score
38
Yield
7.8%
Cash on Cash
9.7%
Cap Rate
6.7%
5Y IRR
23.4%
10Y IRR
21.1%
Property Type-Detached
MLS® Number-X13842548
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-75.2 × 200 ft
Listed on site-Sep 30, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$2,880.83 (2026)
Parking-3 - None
Basement-Full, Partially Finished, Walk-Out
Heating-Forced Air (Propane)
Brokerage-AFFINITY GROUP PINNACLE REALTY LTD.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Propane
Pool-None
Facing-East
Exterior-Vinyl Siding, Wood
Roof-Metal
Foundation-Block
Sewer-Septic
Possession-TBD
Neighbourhood-Verulam
Title-Residential Freehold

No agent assigned

Welcome to the lakeside community of Hickory Beach! This spacious 3+1 bedroom, 2 bathroom home is situated on a large lot with a fenced backyard area, ideal for kids and pets. The bright, open-concept main floor offers a functional layout for everyday living and entertaining, featuring a propane fireplace, wall-mounted air conditioning and a walkout from the dining area to a large deck overlooking the backyard. The primary bedroom offers convenient access to the main floor bathroom and ensuite laundry. The finished lower level provides plenty of additional living space with a huge rec room, large above-grade windows, an additional bedroom, second propane fireplace and walkout to the yard. Additional highlights include a durable metal roof and plenty of outdoor space to enjoy. Located just steps from beach access and a neighbourhood parkette in a quiet, family-friendly community, all just minutes from downtown Fenelon Falls and its shops, restaurants and amenities.

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$
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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$387,920
Land Transfer Taxes$6,173
Legal Fees (Est.)
$
Total cash required for closing$104,653

Total Monthly Obligation

$2,571/mo
Mortgage $1,956
Monthly Loss $2,056
Principal$515
Interest$1,441
Property Tax$240
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.5%44
Cash-on-Cash
3.0%15
5-Year IRR
18.2%86
10-Year IRR
17.2%
Returns Index
49.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
38/ 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
$26,639/yr
Net Cash Flow
$264/mo
Cash Margin
8.4%21
Cash Flow Index
21.0/ 100
Risk Profile
Weight: 20%
DSCR
1.1339
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo63
Risk Index
40.0/ 100

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

Comparables

Properties near 24 Oakwood 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.