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25 Southridge DRIVE
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Christopher Lake · Single Family · under $875,000 · 9+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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Unlock the door to Possibilities with this exceptional care home, Airbnb, seniors' residence, or multi family home located in the serene setting of Christopher Lake! This turn-key facility boasts 11 spacious bedrooms and offers a unique opportunity to even run a medical clinic on the premises. Spanning an impressive 3,600 square feet, this property not only provides ample space for residents but also includes an optional private living area at the back, making it perfect for operators seeking a personal touch. For over 17 years, this care home has been a trusted provider of quality care, establishing a strong reputation in the community. It's ideal location means you’re just a short stroll away from restaurants, grocery stores, the post office, and all essential amenities, ensuring convenience for both residents and staff. The care home is fully equipped to meet the needs of its residents, featuring wheelchair accessibility, ceiling lifts, and all necessary equipment and furnishings, including comprehensive water suppression systems throughout. This makes it not just a home, but a smart investment for your future. Don’t miss this chance to own a thriving business that not only generates steady income but also makes a meaningful difference in the lives of others. Act now and seize the opportunity to be part of a rewarding venture in the heart of Christopher Lake! (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 13'8 x 14'6 | |
| Dining room | 12'8 x 13'6 | |
| Living room | 12'8 | |
| Bedroom | 9'9 x 12'8 | |
| Bedroom | 9'9 x 12'8 | |
| Bedroom | 9'9 x 12'8 | |
| 4pc Bathroom | 12'8 | |
| Bedroom | 9'9 x 12'8 | |
| Bedroom | 9'9 x 12'8 | |
| Bedroom | 9'4 x 9'11 | |
| Bedroom | 9'5 | |
| Bedroom | 9'11 | |
| 4pc Bathroom | 8'2 x 9'11 | |
| Bedroom | 12'3 | |
| Laundry room | 5'9 | |
| Family room | 14'6 | |
| Den | 7'8 x 9'2 | |
| Bedroom | 10'1 x 11'2 | |
| 4pc Bathroom | 11 × 8 feet |
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
-6.67%
Cap rate
3.53%
GRM
16.7
Break-even rent
$4,936
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 Mar 5, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.