66 Driftwood Drive, Norfolk

$749,900
66 Driftwood Drive

$749,900

Sold Conditional Escape
18d
DetachedBungalow

66 Driftwood Drive, Norfolk

Total Monthly Obligation $3,842

Beds
4
Baths
2
Park
2
Sqft
1100-1500
DOM
18d
Score
16
Yield
3.5%
Cash on Cash
-9.7%
Cap Rate
2.5%
5Y IRR
8.0%
10Y IRR
8.7%
Property Type-Detached
MLS® Number-X13861630
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-68.9 × 100.83 ft
Listed on site-Oct 5, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,304 (2025)
Parking-4 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRIUS REALTY
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TO BE ARRANGED
Neighbourhood-Simcoe
Title-Residential Freehold

No agent assigned

66 Driftwood Drive is everything you want in your next HOME! Great curb appeal on a corner lot located in a great neighbourhood within Simcoe. Step inside this home and experience a purely inviting atmosphere. Feel the warmth and coziness of this home, clean and well-cared for. The main floor has a great open floor plan which features a living room with a gas fireplace leading to the kitchen with plenty of cabinetry, a large island with granite countertops, nice light fixtures and a dining space. The west wing of the home is all about sleep and refreshment. It features a large primary bedroom measuring 14.8 feet x 14.4 feet with a primary ensuite bathroom that is a 3-piece, a walk-in closet, an additional common 4-piece bathroom and a bedroom (currently used as an office) at the front of the home. All room sizes throughout are generous. The main floor consists of engineered laminate, ceramic tile and carpet in the bedrooms. Head downstairs and you will walk directly into a large recreation room. It's the perfect place for your favourite sporting events and family gatherings. There are an additional 2 bedrooms for family members to stay, a sitting room area, a 3-piece bathroom, utility room and additional storage room. Outdoors is just as nice as inside! The owners show their pride of ownership with the landscaping. There are beautiful garden spaces throughout the backyard. There's also a pond of tranquility with koi fish. Spend your days off on the back deck surveying the beauty of your backyard with your favourite beverage of choice. Where else would you rather live? Listen to your heart and make 66 Driftwood Drive your home and destination of choice. Book your viewing today and make your offer without delay.

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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

$3,842/mo
Mortgage $3,025
Monthly Loss $3,046
Principal$796
Interest$2,229
Property Tax$442
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.9%0
5-Year IRR
4.8%10
10-Year IRR
6.6%
Returns Index
6.5/ 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
$26,400/yr
NOI
$13,956/yr
Net Cash Flow
-$1,862/mo
Cash Margin
-84.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
20.7/ 100

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

Comparables

Properties near 66 Driftwood Drive

Time

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