3 Ochs Drive S, Puslinch

$1,649,900
3 Ochs Drive S

$1,649,900

Deal Fell Through
897d
Detached2-Storey

3 Ochs Drive S, Puslinch

Total Monthly Obligation $7,579

Beds
4
Baths
4
Park
10
Sqft
2000-2500
DOM
897d
Score
15
Yield
3.0%
Cash on Cash
-10.1%
Cap Rate
2.4%
5Y IRR
7.6%
10Y IRR
8.4%
Property Type-Detached
MLS® Number-X8334312
Beds-4
Bathrooms-4
Size-2000-2500 sqft
Lot Size-104.98 ft (front)
Listed on site-May 9, 2024
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$6,581.27 (2023)
Parking-12 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Gas)
Brokerage-TRILLIUMWEST REAL ESTATE
Cooling-Central Air
Fireplace-Family Room, Living Room, Natural Gas
Pool-Inground
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-mid October
Neighbourhood-Morriston
Title-Residential Freehold

No agent assigned

A rare gem nestled in the charming town of Morriston in the heart of Puslinch. This lovely residence sits on a sprawling 1.2-acre estate, offering an unparalleled living experience. Boasting over 3450 square feet of meticulously designed space, this home is tailored to meet the diverse needs of a modern family. The lovingly landscaped grounds feature a plethora of amenities, including a vast fenced backyard, a refreshing saltwater in-ground pool, a tranquil pond with a cascading waterfall, and a spacious wrap-around deck complete with a gazebo for shaded relaxation. Impeccably maintained, this family oasis comprises five bedrooms and four bathrooms spread across three levels. The main level impresses with its elegant blend of hardwood and tile flooring, comprising inviting spaces such as the music and dining rooms, a cozy family room with a gas fireplace, and a well-appointed kitchen replete with an island breakfast bar and stainless-steel appliances. Additionally, a convenient mudroom with ample built-in storage seamlessly connects to the double-car garage. Ascending the hardwood staircase, one discovers a serene reading nook, generously sized bedrooms, and a spacious main bathroom, alongside the grand primary suite, which boasts dual closets and a sleek ensuite bathroom complete with heated floors. The lower level offers versatile living spaces, including a convenient walk-out side door, a three-piece bathroom, an office area, and a spacious great room anchored by a cozy fireplace. With its thoughtful design and array of amenities, this property epitomizes upscale family living at its finest. Perfectly situated close to Guelph, Milton and Burlington with easy access to commuter routes.

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

Closing Costs

Mortgage Amount
$1,319,920
Land Transfer Taxes$29,473
Legal Fees (Est.)
$
Total cash required for closing$360,953

Total Monthly Obligation

$7,579/mo
Mortgage $6,655
Monthly Loss $5,827
Principal$1,751
Interest$4,904
Property Tax$548
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.2%0
5-Year IRR
5.2%12
10-Year IRR
6.9%
Returns Index
7.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$49,200/yr
NOI
$33,199/yr
Net Cash Flow
-$3,889/mo
Cash Margin
-94.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.423
LTV Ratio
80.0%18
Vacancy Buffer
1.3 mo20
Risk Index
14.0/ 100

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

Comparables

Properties near 3 Ochs Drive S

Time

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