49 Hardy Drive, Strathroy-Caradoc

$799,900
49 Hardy Drive

$799,900

New
2d
DetachedBungalow

49 Hardy Drive, Strathroy-Caradoc

Total Monthly Obligation $3,602

Beds
3
Baths
2
Park
2
Sqft
1500-2000
DOM
2d
Score
19
Yield
4.2%
Cash on Cash
-3.4%
Cap Rate
3.9%
5Y IRR
12.9%
10Y IRR
12.5%
Property Type-Detached
MLS® Number-X14104902
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-49 × 129 ft
Listed on site-Oct 21, 2026
Style-Bungalow
Building Type-Detached
Age-New
Parking-4 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP - SELECT REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Board & Batten , Stone
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-SE
Title-Residential Freehold

No agent assigned

Welcome to 49 Hardy Drive, a beautifully finished 1,650 sq. ft., three-bedroom, two-bathroom bungalow by local builder Platynum Construction Inc. Located in the final phase of South Grove Meadows, next door to Caradoc Sands Golf Course, this is one of your last opportunities to own new construction in this sought-after Strathroy neighbourhood. Enjoy open-concept, one-floor living with nine-foot ceilings, hardwood floors, and luxury finishes throughout. The stunning kitchen features quartz countertops and a spacious island, while the inviting living room showcases a striking fireplace feature wall. Expansive windows fill the home with natural light and frame peaceful farm-field views. An exceptionally large covered rear porch provides outstanding space for relaxing and entertaining. A Hardie board and brick exterior, paver stone driveway, and double garage complete the impressive curb appeal. The unfinished basement awaits your personal touches, with builder finishing available at an additional cost.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$639,920
Land Transfer Taxes$12,473
Legal Fees (Est.)
$
Total cash required for closing$173,953

Total Monthly Obligation

$3,602/mo
Mortgage $3,227
Monthly Loss $2,753
Principal$849
Interest$2,378
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.7%1
5-Year IRR
9.4%32
10-Year IRR
10.1%
Returns Index
17.1/ 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
$33,300/yr
NOI
$25,470/yr
Net Cash Flow
-$1,104/mo
Cash Margin
-39.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
23.4/ 100

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

Comparables

Properties near 49 Hardy Drive

Time

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