224 Homewood Avenue, Trent Hills

$514,900
224 Homewood Avenue

$514,900

New
18d
Att/Row/TownhouseBungalow

224 Homewood Avenue, Trent Hills

Total Monthly Obligation $2,452

Beds
2
Baths
2
Park
2
Sqft
1100-1500
DOM
18d
Score
30
Yield
6.4%
Cash on Cash
6.2%
Cap Rate
5.9%
5Y IRR
20.6%
10Y IRR
18.7%
Property Type-Att/Row/Townhouse
MLS® Number-X13868008
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Listed on site-Oct 5, 2026
Style-Bungalow
Building Type-Att/Row/Townhouse
Age-New
Parking-3 - Attached
Basement-Unfinished, Full
Heating-Forced Air (Gas)
Brokerage-Royal Lepage ProAlliance Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Stone, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Hastings
Title-Residential Freehold

No agent assigned

WELCOME TO HOMEWOOD ESTATES, This EXTERIOR, bungalow townhome with superior features & finishes is a part of McDonald Homes newest enclave of beautiful, customized homes with views of the Trent Severn Waterway and backing onto the TransCanada Trail! The thoughtful floor plan offers 2 bedrooms, 2 bathrooms and 1418 sf of finished living space...perfect for retirees or first time home buyers! Gourmet Kitchen boasts beautiful custom cabinetry with ample storage, and Pantry. Great Room with soaring vaulted ceilings. Patio doors lead out to your large backyard, where you can relax and enjoy your nature surroundings. Large Primary Bedroom with Walk In Closet & Ensuite. Second Bedroom can be used as an office or den. Option to finish lower level to expand space even further. Main Floor Laundry. Garage with direct access to foyer. Quality Laminate/Vinyl Tile flooring throughout main floor, municipal water/sewer & natural gas, Central Air, Hot Water Tank, HST & 7 year TARION New Home Warranty ALL INCLUDED! Located near all amenities, marina, boat launch, restaurants and a short walk to the Hastings-Trent Hills Field House with Pickleball, Tennis, Indoor Soccer and so much more! ***PHOTOS ARE OF ANOTHER BUILD&AREVIRTUALLY STAGED ** 2 STOREY TOWNS ALSO AVAILABLE***

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

Closing Costs

Mortgage Amount
$411,920
Land Transfer Taxes$6,773
Legal Fees (Est.)
$
Total cash required for closing$111,253

Total Monthly Obligation

$2,452/mo
Mortgage $2,077
Monthly Loss $1,905
Principal$547
Interest$1,530
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.9%37
Cash-on-Cash
0.2%8
5-Year IRR
15.8%76
10-Year IRR
15.2%
Returns Index
40.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
30/ 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
$33,000/yr
NOI
$25,200/yr
Net Cash Flow
$23/mo
Cash Margin
0.8%6
Cash Flow Index
5.6/ 100
Risk Profile
Weight: 20%
DSCR
1.0128
LTV Ratio
80.0%18
Vacancy Buffer
3.9 mo67
Risk Index
37.5/ 100

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

Comparables

Properties near 224 Homewood Avenue

Time

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