5969 TOWNSEND Line 21, Lambton Shores

$499,900
5969 TOWNSEND Line 21

$499,900

New
8d
Att/Row/TownhouseBungalow

5969 TOWNSEND Line 21, Lambton Shores

Total Monthly Obligation $2,632

Beds
2
Baths
2
Park
2
Sqft
1500-2000
DOM
8d
Yield
3.6%
Cash on Cash
-9.2%
Cap Rate
2.6%
5Y IRR
8.4%
10Y IRR
9.0%
Property Type-Att/Row/Townhouse
MLS® Number-X14080156
Beds-2
Bathrooms-2
Size-1500-2000 sqft
Listed on site-Oct 15, 2026
Style-Bungalow
Building Type-Att/Row/Townhouse
Taxes-$2,884.08 (2025)
Parking-3 - Attached
Basement-None
Heating-Other (Gas)
Brokerage-KELLER WILLIAMS LIFESTYLES
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-15 days neg
Neighbourhood-Forest
Title-Residential Freehold

No agent assigned

Welcome to Townsend Meadows, a 55+ life lease community located just outside Forest, offering a peaceful setting with everyday conveniences close by. This well-maintained development provides low-maintenance living, with a monthly occupancy fee that includes lawn care, snow removal, and access to the community hall. This bright and comfortable 2-bedroom, 2-bath home features over 1,500 sq. ft. of thoughtfully designed living space. Freshly painted throughout, the home offers a clean, move-in-ready feel. The open layout includes a spacious kitchen that flows into the dining and living areas, creating an easy, welcoming space for daily living or hosting family and friends. The attached single-car garage adds convenience and extra storage options. Located within a friendly, walkable community, this home offers a relaxed lifestyle with the benefit of worry-free exterior maintenance. Experience comfort, simplicity, and a sense of community in a setting designed for easy living.

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Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,632/mo
Mortgage $2,016
Monthly Loss $2,101
Principal$531
Interest$1,486
Property Tax$240
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 5969 TOWNSEND Line 21

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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