1580 Groves Road, Russell

$1,600,000
1580 Groves Road

$1,600,000

New
18d
DetachedBungalow

1580 Groves Road, Russell

Total Monthly Obligation $7,440

Beds
4
Baths
3
Park
6
Sqft
3000-3500
DOM
18d
Score
14
Yield
1.9%
Cash on Cash
-15.1%
Cap Rate
1.3%
5Y IRR
3.9%
10Y IRR
5.6%
Property Type-Detached
MLS® Number-X13863360
Beds-4
Bathrooms-3
Size-3000-3500 sqft
Lot Size-245.01 × 517.68 ft
Listed on site-Oct 5, 2026
Style-Bungalow
Building Type-Detached
Taxes-$7,330 (2026)
Parking-8 - Attached
Basement-Finished
Heating-Forced Air (Electric)
Brokerage-CENTURY 21 SYNERGY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding, Stone
Roof-Shingles
Foundation-Poured Concrete
Sewer-Septic
Possession-Immediate
Neighbourhood-603 - Russell Twp
Title-Residential Freehold

No agent assigned

An exceptional bungalow on 2.2 acres of land wrapped by the Little Castor River. Wide-open spaces and brand-new windows allow exceptional amounts of light into your living space, while the mature trees and the river provide peace and privacy. Recessed from a quiet street, the laneway and double door garage allow for easy access to this thoughtfully designed home. Inside, you'll find bright, spacious living and eating areas, two incredible raised decks (one outside the family room, another outside the primary bedroom), two WETT-certified fireplaces and a comfortable foyer with a large powder room. Beyond the living and dining rooms, through a glass door in the southeast wing of the house, you'll find the primary and three additional bedrooms, alongside a fully renovated 4-piece bathroom and a healthy amount of storage. The primary bedroom contains a generous walk-in closet with a built-in vanity and a spa-like, completely renovated 5-piece ensuite with a double vanity, tastefully tiled shower and soaker tub. The walkout lower level has a rough-in for a bathroom, a spacious workshop/gym area and a large, flexible space for an in-law suite or entertainment area. The grounds are bordered by mature trees, the gently flowing river and a firepit area. Brand-new flooring throughout, new siding, completely new windows, certified fireplaces, natural light, land and outdoor space define this unique and elegantly finished home.

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

Closing Costs

Mortgage Amount
$1,280,000
Land Transfer Taxes$28,475
Legal Fees (Est.)
$
Total cash required for closing$349,975

Total Monthly Obligation

$7,440/mo
Mortgage $6,454
Monthly Loss $5,741
Principal$1,698
Interest$4,756
Property Tax$611
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.0%8
Cash-on-Cash
-17.8%0
5-Year IRR
1.7%4
10-Year IRR
4.2%
Returns Index
3.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$31,200/yr
NOI
$16,250/yr
Net Cash Flow
-$5,100/mo
Cash Margin
-196.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.212
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo21
Risk Index
13.5/ 100

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

Comparables

Properties near 1580 Groves Road

Time

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