68 Blue Heron Drive, Middlesex Centre

$998,000
68 Blue Heron Drive

$998,000

New
23d
Detached2-Storey

68 Blue Heron Drive, Middlesex Centre

Total Monthly Obligation $4,938

Beds
4
Baths
4
Park
2
Sqft
2000-2500
DOM
23d
Score
16
Yield
4.0%
Cash on Cash
-7.0%
Cap Rate
3.1%
5Y IRR
10.1%
10Y IRR
10.3%
Property Type-Detached
MLS® Number-X13846044
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-71.15 × 112.49 ft
Listed on site-Sep 30, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$6,448 (2025)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP - SELECT REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Inground, Salt
Facing-North
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Ilderton
Title-Residential Freehold

No agent assigned

Some homes announce themselves quietly with a considered elevation, an oversized 2.5-car garage set behind mature gardens and an arched stone entry that hints at what's inside. Here the curb appeal is anchored by the brick/stone exterior and covered front porch with established gardens framing the front walk while the wide concrete drive offers the practicality to match the presence. Inside, rich hardwood & crown moulding carry through the principal rooms, setting a tone that is warm without being heavy. A separate dining room makes a particular impression - a boxed-trim feature wall , painted in a deep tone-on-tone theme, gives it the intentional presence of a space designed to be used. The kitchen continues the palette w/rich espresso cabinetry reaching to the ceiling, quartz counters, a glass tile backsplash & stainless appliances, opening through to a family room with a focal-piece gas fireplace, built-in cabinetry & California shutters. That same attention to detail - shutters, crown moulding, considered finishes - threads quietly through every level of the home. Upstairs, three large bedrooms include a generous primary w/ tray ceiling, walk-in closet & 4-piece ensuite w/ glass-enclosed shower. A separate 4-piece bath serves the additional bedrooms. The finished lower level adds a 4th bedroom, 3-piece bath & a fantastic media room with seated wet bar, creating expanded living space that functions independently rather than as an afterthought. The backyard features a large deck, heated, in-ground, saltwater pool w/ terraced full-width cushioned steps/seats & multi-colour lighting, a timber-frame cabana offering covered lounge space & storage. Fully fenced on a spacious lot, it is the kind of outdoor space that earns a home its keep through every summer month & through the off season. Ilderton's small-town feel, close-knit community & easy access to London make it a setting that is increasingly hard to find at any price.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$798,400
Land Transfer Taxes$16,435
Legal Fees (Est.)
$
Total cash required for closing$217,535

Total Monthly Obligation

$4,938/mo
Mortgage $4,026
Monthly Loss $3,879
Principal$1,059
Interest$2,966
Property Tax$537
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.0%18
10-Year IRR
8.3%
Returns Index
10.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$39,840/yr
NOI
$24,908/yr
Net Cash Flow
-$1,950/mo
Cash Margin
-58.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo30
Risk Index
17.9/ 100

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

Comparables

Properties near 68 Blue Heron Drive

Time

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