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Strathmore · Single Family · under $925,000 · 2+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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163 Lakewood Circle
WELCOME HOME--- Thoughtfully designed & Timeless! Check out this CUSTOM BUILT FULLY FINISHED Bungalow Trilogy show home! This home is ready for a family to make it home! From the moment you walk in you are welcomed by all the natural light, and all the views that Lakewood has to offer! Open concept kitchen with tonnes of storage and massive island open to the living room and dining room. Perfect for entertaining! All the details are what take this home to the next level--> CUSTOM there was nothing missed in this curated design from top to bottom! Dining room walks onto the large maintenance free deck that will steal your heart with the views of the pond and the sunsets! The kitchen,dining and living room will capture your attention with the well thought out lighting, and the custom fireplace and the BEAMS!!!- the beams in the living room add extra character and thought! The main floor is complete with walk through pantry, main floor laundry, a huge back porch perfect for busy families! The front room can be used an office or another bedroom. The Primary suite is an oasis - big windows, and a spa like ensuite, and huge walk in closet! Downstairs will not disappoint, 2 huge bedrooms another full bath and a massive family room and games are that walk out to the concrete pad with access to the back yard! Home is complete with Ac! Vinyl plank flooring throughout- upgrades everywhere! Call you Realtor t book your private showing! (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| 5pc Bathroom | 5.50 Ft x 12.33 Ft | |
| Bedroom | 16.25 Ft x 11.83 Ft | |
| Bedroom | 16.00 Ft x 12.42 Ft | |
| Recreational, Games room | 25.75 Ft x 26.17 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 4pc Bathroom | 8.00 Ft x 6.17 Ft | |
| 5pc Bathroom | 14.58 Ft x 13.67 Ft | |
| Dining room | 12.33 Ft x 8.00 Ft | |
| Kitchen | 12.00 Ft x 13.67 Ft | |
| Living room | 16.42 Ft x 14.08 Ft | |
| Other | 8.25 Ft x 13.42 Ft | |
| Den | 9.58 Ft x 9.92 Ft | |
| Primary Bedroom | 12.25 Ft x 13.58 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-1.00%
Cap rate
4.66%
GRM
13.9
Break-even rent
$5,173
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 16, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.