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Publicly listedPosted 13 days ago

64 Cedar Grove Drive Scugog, Ontario

Cedar Grove Drive, Scugog, ON, L0B1E0

Asking Price

$829,000

3

Beds

2

Baths

Detached

Type

Listed on MLS and shown here with a PrivateDeals opportunity analysis. PrivateDeals is not the listing brokerage.

About this property

Welcome to this stunning two-story, three-bedroom home boasting breathtaking, unobstructed western views of Lake Scugog. Situated in the serene town of Caesarea, this property offers the charm of small-town living with a strong sense of community, access to parks, green spaces, and a variety of outdoor activities. Set on a spacious large lot, the property provides ample outdoor and indoor space to suit your lifestyle. The ground level features a large, unfinished 27x27 workshop with a separate entrance, offering incredible potential to be transformed into an in-law suite or additional living space. (id:24493) MLS® #E13852330 <br/><br/>The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA <br/><br/><a href=" alt="Powered by: REALTOR.ca" target="_blank"> <img width="125" src="

Opportunity analysis

Opportunity score

6.5 / 10

Recommended strategy

Turnkey

Automated estimate generated from listing data. Not a property valuation or investment advice.

Facts and features

Property type

Detached

Lot size

large lot

Basement

Unfinished

Separate entrance

Yes

Business case

Strengths

  • Breathtaking unobstructed western lake views
  • Large lot offering ample outdoor and indoor space
  • Potential workshop with separate entrance for in‑law suite or additional living space

Opportunities

  • Transform workshop into a finished secondary suite
  • Finish the basement for additional living space or rental income
  • Leverage large lot for future expansion or landscaping

Weaknesses

  • Unfinished workshop/unfinished basement
  • No bathrooms mentioned in description
  • Lot size unspecified beyond “large”

Threats

  • Large lot may require significant maintenance
  • Lack of existing amenities or finished areas may increase costs
  • Market conditions or buyer expectations not addressed

Mortgage calculator

Full calculator

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Monthly payment (principal + interest)

$4,442

Down payment

$165,800

Mortgage amount

$663,200

Rate · amortization

6.5% · 25 yrs

Canadian semi-annual compounding. Add CMHC & land transfer tax →

Cash flow analysis

Full rental analysis

/month

What it would rent for, all units combined

%

= $165,800 · linked to the mortgage calculator

/mo

Est. 1.2% of price a year

/mo

Repairs, condo fees

Monthly cash flow

NET / MOAdd the rent

Enter the rent to see if this home pays for itself.

Rent needed to break even

$5,271/mo

Mortgage (P+I)

−$4,442

Property tax

−$829

Asking Price

$829,000

Interested in this property?

Get full details, or a cash offer if you're the owner.

Or call (647) 333-0170

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