434 Main Street W, Melancthon

$929,900
434 Main Street W

$929,900

New
8d
DetachedBungalow

434 Main Street W, Melancthon

Total Monthly Obligation $4,585

Beds
6
Baths
2
Park
6
Sqft
1100-1500
DOM
8d
Yield
3.4%
Cash on Cash
-9.7%
Cap Rate
2.5%
5Y IRR
8.0%
10Y IRR
8.7%
Property Type-Detached
MLS® Number-X14084410
Beds-6
Bathrooms-2
Size-1100-1500 sqft
Lot Size-132 × 654 ft
Listed on site-Oct 15, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Taxes-$5,503 (2026)
Parking-7 - Detached
Basement-Separate Entrance, Finished
Heating-Baseboard (Electric)
Brokerage-HOMELIFE/MIRACLE REALTY LTD
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Aluminum Siding, Brick
Roof-Shingles
Foundation-Poured Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-Rural Melancthon
Title-Residential Freehold

No agent assigned

Here is an ideal Investment Opportunity In One Of The Fastest Growing Communities In Ontario. Just at the outskirt of town, a bungalow with in 3.43 acre of land. Main floor 3 bed 1 full bath. Lower level is a full in law suit with a Kitchen and 3 bedrooms. Situated On A Paved Road & Services Available At Street Level. New Homes Being Developed as well as commercial properties nearby. There is a lot of potential.

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Closing Costs

Mortgage Amount
$743,920
Land Transfer Taxes$15,073
Legal Fees (Est.)
$
Total cash required for closing$202,553

Total Monthly Obligation

$4,585/mo
Mortgage $3,751
Monthly Loss $3,597
Principal$987
Interest$2,764
Property Tax$459
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 434 Main Street W

Time

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