1212 White Oak Drive, Greely - Metcalfe - Osgoode - Vernon and Area

$649,000
1212 White Oak Drive

$649,000

New
4d
DetachedBungalow

1212 White Oak Drive, Greely - Metcalfe - Osgoode - Vernon and Area

Total Monthly Obligation $3,338

Beds
0
Baths
0
Park
5
Sqft
700-1100
DOM
4d
Score
16
Yield
2.8%
Cash on Cash
-12.9%
Cap Rate
1.8%
5Y IRR
5.6%
10Y IRR
6.9%
Property Type-Detached
MLS® Number-X14094198
Beds-0
Size-700-1100 sqft
Lot Size-206.2 × 561 ft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,146 (2025)
Parking-5 - Attached
Basement-Partial Basement
Heating-Baseboard (Electric)
Brokerage-ROYAL LEPAGE INTEGRITY REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Shingles
Foundation-Concrete
Sewer-Septic
Possession-TBD
Neighbourhood-1601 - Greely
Title-Residential Freehold

No agent assigned

SIGNIFICANT PRICE REDUCTION - Rare 6-acre opportunity in the established and growing community of Greely. With substantial frontage onWhite Oak Drive and a prime location within a desirable rural-residential setting, this property presents exceptional potential for investors, landbankers, builders, and buyers seeking a strategic long-term hold. The property is situated in an area influenced by the Greely Secondary Plan,with future connectivity and growth considerations in the broader vicinity, making this a compelling opportunity for those exploring futurepossibilities. Existing home on site offers interim utility while evaluating long-term plans. Now substantially repositioned in price, this is astandout opportunity to acquire a large landholding in a sought-after area at a significantly improved value. Buyers are to conduct their own duediligence with respect to zoning, servicing, road allowances, development potential, subdivision possibilities, and all municipal approvals.

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

Closing Costs

Mortgage Amount
$519,200
Land Transfer Taxes$9,455
Legal Fees (Est.)
$
Total cash required for closing$140,755

Total Monthly Obligation

$3,338/mo
Mortgage $2,618
Monthly Loss $2,649
Principal$689
Interest$1,929
Property Tax$346
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.2%8
Cash-on-Cash
-17.1%0
5-Year IRR
2.3%5
10-Year IRR
4.8%
Returns Index
3.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$18,000/yr
NOI
$7,554/yr
Net Cash Flow
-$1,988/mo
Cash Margin
-132.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.242
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
22.9/ 100

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

Comparables

Properties near 1212 White Oak Drive

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.