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375 Prospect Drive
OPEN HOUSE SUN, JUNE 14th 2:00-4:00pm. Welcome to 375 Prospect Drive: This immaculate home SHINES LIKE NEW and the finishings were carefully selected by the owner when the home was built to balance both timeless, traditional appeal and daily function. The front yard is adorned with beautiful flower beds and meticulous landscaping, with walkway leading up to the covered front porch- with the perfect view of the pond and greenspace across the road. Inside, the tiled front entrance walks through to an open concept main floor, where warm engineered wood-style floors cover the living room, dining and kitchen. The front living room offers a gas fireplace, and a place to mount your tv with recessed wire concealment. The kitchen is picture perfect with warm quartz counters to the beautifully coordinated backsplash, and oak raised panel stained cabinet doors with decorative crown finish. Features include soft close cabinets and pull out garbage and recycling drawers in the island, sleek black stainless steel appliances (4 door fridge can be all fridge or 1/2 freezer), and decorative hardware. The main level also offers a half bathroom with the same finishes, closets at both front and back entrances. Upstairs offers 3 bedrooms, all with large closets (with build in shelving), large windows, a main bathroom and upstairs laundry, and the primary bedroom has lots of room for a king size bed, access to a generously sized walk in closet, and a ensuite with a 6 ft soaker tub/shower combo, plus a private balcony. The basement is complete with separate entrance to a gorgeous one bedroom LEGAL SUITE complete with separate laundry, a stunning kitchen with eat up counter and a full bathroom. The backyard is landscaped with aggregate patio stones for low maintenance use, and this property is complete with a fully finished, HEATED GARAGE, plus additional parking and central Air Conditioning. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Kitchen | 6.92 Ft x 13.42 Ft | |
| Family room | 16.25 Ft x 18.58 Ft | |
| 4pc Bathroom | — | |
| Bedroom | 12.08 Ft x 9.67 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 15.92 Ft x 15.92 Ft | |
| Kitchen | 14.00 Ft x 8.75 Ft | |
| Dining room | 14.00 Ft x 11.25 Ft | |
| 2pc Bathroom | — |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 14.92 Ft x 11.58 Ft | |
| 3pc Bathroom | — | |
| Bedroom | 14.42 Ft x 10.17 Ft | |
| Bedroom | 12.33 Ft x 9.42 Ft | |
| 4pc Bathroom | — | |
| Laundry room | — |
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
-1.23%
Cap rate
4.62%
GRM
13.9
Break-even rent
$3,237
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 14, 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.