15 Wallick Drive, Trent Hills

$399,999
15 Wallick Drive

$399,999

New
17d
DetachedBungalow

15 Wallick Drive, Trent Hills

Total Monthly Obligation $2,032

Beds
3
Baths
2
Park
8
Sqft
1500-2000
DOM
17d
Score
64
Yield
8.8%
Cash on Cash
16.0%
Cap Rate
8.0%
5Y IRR
28.6%
10Y IRR
25.7%
Property Type-Detached
MLS® Number-X13874282
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-1.24 Acres
Listed on site-Oct 6, 2026
Style-Bungalow
Building Type-Detached
Age-New
Taxes-$518.46 (2025)
Parking-10 - Carport
Basement-None
Heating-Other (Other)
Brokerage-ROYAL LEPAGE NRC REALTY
Cooling-Other
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Aluminum Siding
Roof-Metal
Foundation-Slab
Sewer-None
Possession-Immediate
Neighbourhood-Rural Trent Hills
Title-Residential Freehold

No agent assigned

BUILDER, CONTRACTOR & INVESTOR OPPORTUNITY - NOW $399,999! This unfinished barndominium-style project on approximately 1.2 acres in Trent Hills has been repositioned to attract a buyer ready to take over and complete the property. Approximately 1,990 sq. ft. with a planned 3-bedroom, 2-bathroom layout, office, main-floor laundry and open-concept kitchen, dining and great-room area. Significant construction is already in place, including the concrete slab/foundation, steel-clad structure and roof, windows, exterior door s and spray-foam insulation. Solar panels and related electrical equipment are installed; final ESA acceptance remains outstanding and the system is not represented as operational. Mini-split heat-pump equipment and indoor heads are included, with installation incomplete. Various cabinetry, plumbing/bathroom fixtures, surveillance cameras, equipment and materials on site are also intended to be included, subject to the Agreement of Purchase and Sale. The property currently has no functioning water supply or septic system. A previous water-catchment system was damaged by snow load and the condition/usability of remaining components has not been verified. Occupancy approval has not been obtained. Municipal permit/inspection records, engineering documents and a detailed project information package are available for serious buyers to review. Property is being sold in its current unfinished condition. Buyer to complete their own due diligence regarding construction, services, equipment, approvals and completion requirements. Offers welcome anytime. Seller is looking for a timely sale. Buyers interested in taking over an established project are encouraged to review the available documentation and act promptly. HST, if applicable, is in addition to the purchase price.

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

Closing Costs

Mortgage Amount
$319,999
Land Transfer Taxes$4,475
Legal Fees (Est.)
$
Total cash required for closing$85,975

Total Monthly Obligation

$2,032/mo
Mortgage $1,613
Monthly Loss $1,607
Principal$425
Interest$1,189
Property Tax$43
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.7%58
Cash-on-Cash
8.4%40
5-Year IRR
22.5%96
10-Year IRR
20.8%
Returns Index
66.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeB
64/ 100
Fair•Hold / Negotiate

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$35,148/yr
NOI
$26,615/yr
Net Cash Flow
$604/mo
Cash Margin
20.6%76
Cash Flow Index
75.5/ 100
Risk Profile
Weight: 20%
DSCR
1.3762
LTV Ratio
80.0%18
Vacancy Buffer
4.6 mo78
Risk Index
52.9/ 100

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

Comparables

Properties near 15 Wallick Drive

Time

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