165 Silk Drive, Shelburne

$599,800
165 Silk Drive

$599,800

New
2d
Detached2-Storey

165 Silk Drive, Shelburne

Total Monthly Obligation $3,169

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
2d
Score
18
Yield
4.5%
Cash on Cash
-5.7%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Detached
MLS® Number-X14100936
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-36.11 × 108.31 ft
Listed on site-Oct 21, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$4,498.48 (2026)
Parking-3 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Shelburne
Title-Residential Freehold

No agent assigned

**WHY SETTLE FOR A TOWNHOME WHEN YOU CAN OWN A DETACHED HOME AT THIS PRICE?** Welcome to 165 Silk Drive in Shelburne! Offering exceptional value for a detached home, this well-maintained 3-bedroom, 2-bathroom property is a fantastic opportunity for first-time buyers, growing families or anyone looking to enjoy the benefits of detached living. No shared walls, added privacy, your own fenced backyard, built-in garage and private driveway with parking for 3 vehicles! Inside, you'll find a bright, functional layout featuring a spacious living room, separate dining area and kitchen, with 3 bedrooms and a full bathroom upstairs. An excellent location backing directly onto Hyland Heights Elementary School and within walking distance to Centre Dufferin District High School, with parks, shopping and everyday amenities nearby. This home has been thoughtfully maintained, with important updates already completed, offering buyers added peace of mind. **BONUS - PREPAID DRIVEWAY SNOW REMOVAL FOR THE 2026/2027 WINTER SEASON!** At this price point, why compromise on a townhome when you can enjoy the space, privacy and independence of a detached home? An excellent opportunity to get into the detached market at an attractive price! **Updates & Important Information:** Roof (2020), Windows (2017 - transferable warranty), Water Softener (2016 - owned), Furnace Motor (2023), Smoke Alarms (2026), Google Nest Gen 4 Thermostat (Dec 2025), Hot Water Heater (2026 - rental), LG Stainless Steel Dishwasher & Over-the-Range Microwave (2026), GE Fingerprint-Resistant Refrigerator (2019), Reverse Osmosis Drinking Water System (2019), 100-Amp Electrical Panel.

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

Closing Costs

Mortgage Amount
$479,840
Land Transfer Taxes$8,471
Legal Fees (Est.)
$
Total cash required for closing$129,931

Total Monthly Obligation

$3,169/mo
Mortgage $2,419
Monthly Loss $2,533
Principal$637
Interest$1,783
Property Tax$375
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.7%1
5-Year IRR
7.2%19
10-Year IRR
8.5%
Returns Index
10.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$26,880/yr
NOI
$15,194/yr
Net Cash Flow
-$1,153/mo
Cash Margin
-51.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
24.8/ 100

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

Comparables

Properties near 165 Silk 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.