138 Galinee Trail, Norfolk

$729,900
138 Galinee Trail

$729,900

New
9d
DetachedBungalow

138 Galinee Trail, Norfolk

Total Monthly Obligation $3,749

Beds
3
Baths
3
Park
4
Sqft
1100-1500
DOM
9d
Score
19
Yield
4.9%
Cash on Cash
-3.3%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Detached
MLS® Number-X14093926
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-64.7 × 111.88 ft
Listed on site-Oct 14, 2026
Style-Bungalow
Building Type-Detached
Age-16-30
Taxes-$5,161.98 (2025)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-South
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Port Dover
Title-Residential Freehold

No agent assigned

Tastefully presented all brick bungalow located in newer & preferred Port Dover neighborhood offering close proximity to this popular Lake Erie destination town's amenities & attractions inc school, churches, arena, Live Theatre, Music in the Park Venues, Marinas, eclectic downtown shops/boutiques, eateries/bistros, fine dining restaurant & famous public beach front. Positioned handsomely on 0.16 ac corner lot is 2010 built home introducing 1324sf of well designed living area, 1324sf finished lower lever ftrs 9ft ceiling height & sought after heated floors thru-out entire basement floor - plus 513sf double car garage. Follow interlock stone walk-way to covered porch providing entry to front foyer welcoming an open concept living/dining room enhanced with vaulted ceilings, stylish fireplace set in stone feature wall & palladium street facing window - design flows effortlessly to gorgeous kitchen sporting classic dark lower & modern white upper cabinetry, tile backsplash, breakfast peninsula, SS appliances & south end patio door walk-out to 386sf tiered rear deck system enhanced with timber frame 12x14 gazebo, adjacent pergola & relaxing hot tub - naturally secluded by ornamental trees, shrubbery & native grasses. Elegant primary suite enjoys large walk-in closet & freshly renovated 3pc bath-2026 - continues w/sizeable guest bedroom, 4pc main bath incorporating convenient laundry station & direct garage access. Gleaming hardwood & ceramic tile flooring compliment the décor with distinguished flair. When family or friends arrive - the 700sf lower level family room is sure to house them all - the ultimate gathering place. Chicly appointed 3pc bath, huge 3rd bedroom, handy pantry/cold room & large utility/storage/workshop room complete the open & airy basement level floor plan. Extras - paved double driveway, n/g furnace, AC, n/g tankless water heater, c/vac, HRV, fibre & 100 amp hydro. This well priced "Dover Delight" will not disappoint!

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

Closing Costs

Mortgage Amount
$583,920
Land Transfer Taxes$11,073
Legal Fees (Est.)
$
Total cash required for closing$158,553

Total Monthly Obligation

$3,749/mo
Mortgage $2,944
Monthly Loss $2,975
Principal$775
Interest$2,169
Property Tax$430
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.0%1
5-Year IRR
9.3%31
10-Year IRR
10.1%
Returns Index
16.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$36,000/yr
NOI
$22,738/yr
Net Cash Flow
-$1,049/mo
Cash Margin
-35.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo41
Risk Index
22.6/ 100

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

Comparables

Properties near 138 Galinee Trail

Time

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Data last updated within the past 24 hours.