456 Millhaven Road, Loyalist

$929,000
456 Millhaven Road

$929,000

New
9d
Detached2-Storey

456 Millhaven Road, Loyalist

Total Monthly Obligation $4,577

HausQ Valuation Report
Beds
5
Baths
5
Park
6
Sqft
2000-2500
DOM
9d
Score
16
Yield
3.6%
Cash on Cash
-8.8%
Cap Rate
2.7%
5Y IRR
8.7%
10Y IRR
9.2%
Property Type-Detached
MLS® Number-X14030122
Beds-5
Bathrooms-5
Size-2000-2500 sqft
Lot Size-841.3 × 440 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$5,458 (2025)
Parking-10 - Detached
Basement-Unfinished, Full
Heating-Forced Air (Electric)
Brokerage-ONE PERCENT REALTY LTD., BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Propane
Pool-Above Ground
Facing-North
Exterior-Stone, Vinyl Siding
Roof-Metal
Foundation-Unknown
Sewer-Septic
Possession-Flexible
Neighbourhood-56 - Odessa
Title-Residential Freehold

No agent assigned

Incredible multi-generational or investment opportunity on 7.32 acre property backing onto Millhaven Creek. This property offers two living areas, a large detached garage and workshop, all on Millhaven Creek. Just a short drive from Kingston and Napanee, this property has extensive road frontage on Millhaven Road, just outside the village of Odessa. Features include, each side of the house has it's own kitchen, living room, bedrooms, bathrooms and laundry. Heating system has been recently upgraded, and radiant flooring in part of house as well. Outside features include a large deck with above ground 18x32 pool(liner recently replaced), Beachcomber hot tub, and a fenced yard area. There is also a large, heated garage with office and bathroom, storage area with garage doors at both end of side of secondary garage. Currently rented for $1200 per month on a month to month basis. This is a beautiful vintage home , that offers country charm and endless opportunities, but still close to the conveniences of the city.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$743,200
Land Transfer Taxes$15,055
Legal Fees (Est.)
$
Total cash required for closing$202,355

Total Monthly Obligation

$4,577/mo
Mortgage $3,747
Monthly Loss $3,591
Principal$986
Interest$2,761
Property Tax$455
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.6%0
5-Year IRR
5.7%13
10-Year IRR
7.3%
Returns Index
7.9/ 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
$33,000/yr
NOI
$19,742/yr
Net Cash Flow
-$2,102/mo
Cash Margin
-76.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
2.1 mo33
Risk Index
18.4/ 100

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

Comparables

Properties near 456 Millhaven Road

Time

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