18 Mullin Drive, Guelph

$959,900
18 Mullin Drive

$959,900

New
2d
DetachedBungalow

18 Mullin Drive, Guelph

Total Monthly Obligation $4,765

Beds
4
Baths
3
Park
2
Sqft
1100-1500
DOM
2d
Score
17
Yield
4.2%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Detached
MLS® Number-X14101788
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-41.01 × 111.29 ft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Detached
Age-16-30
Taxes-$6,220 (2026)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Royal LePage Royal City Realty
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Stone
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Victoria North
Title-Residential Freehold

No agent assigned

Beautiful Move-in Ready Bungalow. Quiet street on Mullin Drive, near Victoria Road North. Built in 2008 by Reid Homes. Original owners. Situated on a 41+ foot lot, 111 feet depth. Arriscraft Stone Exterior. Double-car garage. Patterned Concrete Driveway. Approximately 2,700 sqft of total living space. 1,438 sqft above grade. 1,261 sqft of finished basement. 4 bedrooms and 3 bathrooms. Separate Entrance with Walkway. 12 x 15'9 Deck & Landscaped Backyard. FEATURES. Main Floor Living Room has 13+ ft High Ceilings, Maple Hardwood Floors. Kitchen includes Breakfast Bar, Walk-in Pantry, Patio Door, Crown Moulding, Lazy Susan. Primary Bedroom includes an Ensuite including a Standing Shower. Second Bedroom on Main Floor is Setup as an Office. Office has fluorescent lighting, attic access in closet, separate entrance with a Phantom Screen Door. Office has Hardwood Floors underneath the commercial carpet tile. Fully Finished Basement at 1261 sqft. Two Bedrooms, Recreation, Utility Room and Cold Cellar and Extra Storage underneath stairs. Basement recreation room includes gas fireplace. Basement bedroom includes an ensuite with a double-access door. Utility room: Furnace uses an Ecobee thermostat, Power dehumidifier, iWave air treatment system, workbench. Full two-car garage currently configured with a landing, pull-out storage, surge protector on electrical panel. BUILDER UPGRADES. Alpine A Gold Package. Arriscraft Stone. 40-year Biltmore shingles (Roof). R50 insulation. Gas-burning fireplace. Maple Hardwood floors. 12' x 15'9" deck. Gas line for BBQ. 36" x 24" basement windows. California and cathedral ceilings. Crown Moulding and valance lighting in kitchen. Garage was extended 2 feet to provide additional room for Bedroom 2. Basement treads extended 1 inch each for safety and a more gradual climb. Central Vacuum System. RECENT UPGRADES. Broil King BBQ (2025). Interior Painting (2024). Air One Blade Heat Pump (2023). iWave Air Cleaner (2022).Power Dehumidifier (2020).

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

Mortgage Amount
$767,920
Land Transfer Taxes$15,673
Legal Fees (Est.)
$
Total cash required for closing$209,153

Total Monthly Obligation

$4,765/mo
Mortgage $3,872
Monthly Loss $3,746
Principal$1,019
Interest$2,853
Property Tax$518
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.7%16
Cash-on-Cash
-10.0%1
5-Year IRR
7.8%22
10-Year IRR
8.8%
Returns Index
12.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$40,704/yr
NOI
$25,914/yr
Net Cash Flow
-$1,713/mo
Cash Margin
-50.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.566
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
18.5/ 100

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

Comparables

Properties near 18 Mullin Drive

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