62 Crestview Drive, Middlesex Centre

$1,295,000
62 Crestview Drive

$1,295,000

New
16d
Detached2-Storey

62 Crestview Drive, Middlesex Centre

Total Monthly Obligation $6,085

Beds
5
Baths
6
Park
2
Sqft
2500-3000
DOM
16d
Score
16
Yield
3.9%
Cash on Cash
-6.2%
Cap Rate
3.3%
5Y IRR
10.7%
10Y IRR
10.8%
Property Type-Detached
MLS® Number-X13881784
Beds-5
Bathrooms-6
Size-2500-3000 sqft
Lot Size-57.39 × 125.45 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$5,831.32 (2025)
Parking-4 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Inground, Salt
Facing-East
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-Kilworth
Title-Residential Freehold

No agent assigned

Welcome to Your Dream Home in Edgewater Estates Nestled in the prestigious Edgewater Estates, this exquisite 2-storey home blends luxury with comfort, offering 4 spacious bedrooms and elegant living throughout. Step into a bright and inviting space adorned with Wood slat feature walls that create a modern yet warm atmosphere. The gourmet kitchen is a true chef's dream, featuring high-end appliances and a rare walnut tabletop, complemented by sleek porcelain countertops that elevate your cooking experience. Whether you're preparing a family meal or hosting friends, the hardwired ceiling speakers in the family room and kitchen will ensure a harmonious ambiance for every occasion. Step outside to your own private sanctuary an in-ground, heated saltwater pool surrounded by a fully fenced yard for maximum privacy. The pool house includes its own washroom and shower, providing both convenience and luxury for your gatherings. The 24-foot wide double car garage offers ample space for vehicles and storage, adding practicality to this stunning residence. Located in one of Komoka's most sought-after neighborhoods, this home is just minutes from local amenities, providing the perfect balance of serene living and convenience. After a long day, unwind in your luxurious soaker tub, complete with an on-demand hot water tank for the ultimate relaxation. This is a rare opportunity to own an exceptional home in Edgewater Estates. Contact us today to schedule your private tour and experience all the beauty this home has to offer!

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Closing Costs

Mortgage Amount
$1,036,000
Land Transfer Taxes$22,375
Legal Fees (Est.)
$
Total cash required for closing$282,875

Total Monthly Obligation

$6,085/mo
Mortgage $5,224
Monthly Loss $4,710
Principal$1,375
Interest$3,849
Property Tax$486
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-9.7%1
5-Year IRR
7.9%23
10-Year IRR
8.9%
Returns Index
12.6/ 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
$51,000/yr
NOI
$35,569/yr
Net Cash Flow
-$2,260/mo
Cash Margin
-53.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.576
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
16.3/ 100

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

Comparables

Properties near 62 Crestview Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.