85 Mullin Drive 2A, Guelph

$499,999
85 Mullin Drive 2A

$499,999

New
7d
Condo TownhouseStacked Townhouse

85 Mullin Drive 2A, Guelph

Total Monthly Obligation $2,867

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
7d
Score
21
Yield
6.1%
Cash on Cash
-1.7%
Cap Rate
4.2%
5Y IRR
14.2%
10Y IRR
13.5%
Property Type-Condo Townhouse
MLS® Number-X14085358
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 16, 2026
Style-Stacked Townhouse
Building Type-Condo Townhouse
Age-6-10
Taxes-$4,199.29 (2026)
Maintenance-$300/mo
Locker-None
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Unknown
Possession-Flexible
Neighbourhood-Victoria North
Title-Residential Condo & Other

No agent assigned

IMAGINE YOUR MORNING COFFEE WITH THIS VIEW! Listen to the birds and watch the ducks. Situated in desirable "Live By The Lake" neighbourhood, this UPPER LEVEL bright and spacious 2 bedroom/2 bathroom Stacked Condo Townhome provides a remarkable amount of living area and is flooded with NATURAL LIGHT. Overlooking the pond/forest from your partially covered deck and diningroom/kitchen window provides a beautiful backdrop for the incredible sunsets daily and the south facing back of the unit is blessed with overlooking a trail system and warm sunrises. This impeccably maintained unit is virtually brand new but yet brings a comfortable "homey" feeling as you meander through the rooms. The bedrooms are both generous sized and upper floor bathroom has plenty of room to move around. With shopping, parks, schools and public transit nearby, this masterpiece is an incredible value. Downsize your mortgage, not your lifestyle.

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

Closing Costs

Mortgage Amount
$399,999
Land Transfer Taxes$6,475
Legal Fees (Est.)
$
Total cash required for closing$107,975

Total Monthly Obligation

$2,867/mo
Mortgage $2,017
Monthly Loss $2,336
Principal$531
Interest$1,486
Property Tax$350
Condo Fees$300
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.6%2
5-Year IRR
10.6%40
10-Year IRR
11.1%
Returns Index
20.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$30,396/yr
NOI
$17,157/yr
Net Cash Flow
-$587/mo
Cash Margin
-23.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo57
Risk Index
28.4/ 100

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

Comparables

Properties near 85 Mullin Drive 2A

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.