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29 LAKEFOREST DRIVE
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Beds
5
Baths
3
Sqft
—
Year
—
Type
Single Family
On market
361d
The full 13% HST is included in the purchase price. The anticipated HST rebate has not been deducted from the list price. Eligible buyers may receive or benefit from a rebate/credit up to $130,000, subject to final legislation, buyer eligibility, and closing adjustments. Designed for multi-generational living, rental income, or investment potential, The Sherbrooke is a 3,162 sq. ft. purpose-built duplex new construction home in Southampton Landing, built by Alair Grey Bruce. The main level unit offers 1,865 sq. ft. with 2 bedrooms, including a primary bedroom with walk-in closet, a full bathroom, large great room, open kitchen with island seating, covered front porch, private laundry, and garage access with upper and lower bays. The second-floor unit offers 1,297 sq. ft. with 3 bedrooms, 2 bathrooms, including a primary suite with walk-in closet and ensuite, plus a full kitchen with island, living/dining area, private deck, and separate laundry. Separate entrances and mechanicals provide privacy and independence between the two units. Buyers can personalize the home with finish selections and available upgrades. Located in Southampton, residents enjoy close access to beaches, trails, the marina, tennis courts, shops, restaurants, hospital, and local amenities. Architectural controls and design guidelines support long-term neighbourhood appeal. Renderings and floor plans are subject to change. Please note: The buyer purchases the lot first, and HST is in addition to the lot price. The buyer then enters into a separate build agreement for the home. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 6.32 × 5.79 meters | |
| Kitchen | 6.32 × 3.66 meters | |
| Primary Bedroom | 4.39 × 4.19 meters | |
| Bedroom 2 | 3.68 × 3.71 meters |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 6.4 × 4.34 meters | |
| Dining room | 5.18 × 2.64 meters | |
| Kitchen | 5.18 × 2.95 meters | |
| Bedroom | 3.66 × 2.82 meters | |
| Bedroom 2 | 3.02 × 3.61 meters | |
| Bedroom 3 | 4.55 × 5.79 meters |
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
-6.50%
Cap rate
3.56%
GRM
16.7
Break-even rent
$7,216
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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 May 12, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Saugeen Shores. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.