23 WILLOW Road, Otonabee-South Monaghan

$559,900
23 WILLOW Road

$559,900

New
8d
DetachedBungalow

23 WILLOW Road, Otonabee-South Monaghan

Total Monthly Obligation $2,932

Beds
2
Baths
2
Park
5
Sqft
1100-1500
DOM
8d
Score
23
Yield
6.0%
Cash on Cash
1.4%
Cap Rate
4.9%
5Y IRR
16.7%
10Y IRR
15.5%
Property Type-Detached
MLS® Number-X14080176
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-145.15 × 100.02 ft
Listed on site-Oct 15, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,578.59 (2026)
Parking-7 - Detached
Basement-Walk-Up, Full, Finished
Heating-Forced Air (Propane)
Brokerage-Flat Rate Realty Corp.
Cooling-Central Air
Laundry-No
Fireplace-Propane, Living Room, Rec Room
Pool-Above Ground
Facing-South
Exterior-Brick, Board & Batten
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Septic
Possession-flexible
Neighbourhood-Otonabee-South Monaghan
Title-Residential Freehold

No agent assigned

Welcome to 23 Willow Road - just 15 minutes from Peterborough! This bright and spacious bungalow offers exceptional functionality, comfort, and storage throughout. The main level features an updated open-concept eat-in kitchen with quartz countertops, seamlessly flowing into the living room highlighted by a cozy two-way propane fireplace. Step outside to your private backyard retreat - with no rear neighbors. Perfect for entertaining, relaxing, or enjoying a swim in the pool. The main floor also offers a generous sized primary bedroom, a second guest bedroom, and a beautifully updated bathroom. Downstairs, you'll find a finished lower level complete with laundry, a large recreation room, den/office space, and a convenient 3-piece bathroom. Outside, the property continues to impress with a detached double garage/workshop featuring 60 amp service, a paved driveway with carport, and a second laneway providing ample parking and storage options. Additional updates include shingles (under 10 years old) and a septic system with new lid access and pumped (October 2025). A well-rounded property offering privacy, space, and versatility - ready to welcome you home.

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

Closing Costs

Mortgage Amount
$447,920
Land Transfer Taxes$7,673
Legal Fees (Est.)
$
Total cash required for closing$121,153

Total Monthly Obligation

$2,932/mo
Mortgage $2,258
Monthly Loss $2,337
Principal$594
Interest$1,664
Property Tax$298
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.2%3
5-Year IRR
12.4%53
10-Year IRR
12.5%
Returns Index
27.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$33,480/yr
NOI
$22,053/yr
Net Cash Flow
-$421/mo
Cash Margin
-15.1%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
29.4/ 100

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

Comparables

Properties near 23 WILLOW Road

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.