No photos available
Investment signal

$864,900

124 PIKE CREEK Drive

Beds

3

Baths

2

Sqft

Year

Location

See the block, not just the house.

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About this home

Welcome to High Valley Estates, where nature meets modern living in the heart of Cayuga. This stunning custom-built bungalow offers 3spacious bedrooms and 2 full baths, including a luxurious primary en-suite designed for comfort and style. Situated on an oversized lot, this home provides ample yard space and greater distance from neighbouring properties ensuring privacy and tranquility. The subdivision backs ontoPike Creek, offering direct access to the conservation area for peaceful nature walks while remaining shielded from the towns hustle and bustle.Outdoor enthusiasts will love the proximity to the Grand River, perfect for kayaking, fishing, and riverside relaxation. Plus, Lake Eries beautiful beaches are just a short 20-minute drive away. Families will appreciate the convenience of nearby elementary and high schools, and commuters will benefit from the easy 30-minute drive to Hamilton. This home is built with a 9-foot ceiling basement, offering in-law suite potential with space for up to two additional bedrooms, making it ideal for multi-generational living or rental income opportunities. Don't miss your chance to own a slice of serenity in High Valley Estates where nature, comfort, and convenience come together. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
620 - Cayuga
Common interest
Freehold
Living area
1,743 square feet
Bedrooms
3 above grade, 0 below grade
Parking
4 total
Stories
1
On market
Apr 2, 2026
Status changed
Apr 14, 2026
Zoning
R1BH
Photos
10
MLS#
40817427
Area
CAYUGA

Features and systems

Parking

Attached Garage

Basement

UnfinishedFull

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

BrickStoneVinyl sidingBrick Veneer

Foundation

Poured Concrete

Lot

Cul-de-sacConservation/green belt

Community

Quiet AreaCommunity Centre
Negative cash flow ~$1,694/mo at these assumptions

Cash on cash

-11.75%

Cap rate

3.54%

GRM

16.7

Break-even rent

$6,108

Financing

Down payment$172,980
Loan amount$691,920
Mortgage$4,245/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$396
Insurance$80
Maintenance$721
CapEx reserve$360
Vacancy loss$216

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Cayuga. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $4,245/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.

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