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Investment signal

$775,900

38 Roundhouse Drive

Save this home

Beds

3

Baths

3 full + 1 half

Sqft

Year

2015

Type

Single Family

Suite

Investment signal

Location nearby

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

About this home

The unassuming cottage-like exterior of this executive home opens up to an expansive 3400+ square feet of refined living space in one of Bridgewaters most sought after areas. Only 11 years old it has been thoughtfully planned out beyond builder grade with custom touches throughout. The double french doors open from the dining area onto a massive back deck that spans the entire width of the house. This meticulously maintained home showcases 9-foot ceilings, propane fireplace & crown moulding all on the main level. The kitchen has beautiful countertops, an induction cooktop stove and convection oven and large pantry. The main floor includes the primary suite & en-suite bath with walk-in shower and large walk-in closet with shelving. The second bedroom has double doored closets, also with shelving. The third bedroom is currently used as a snug/TV room. When you walk down the wide staircase to the fully finished lower level, you are greeted with 2 separate very large living spaces which includes a 2 pc. washroom and separate workshop area. The Great Room features expansive windows, a second propane fireplace and a walkout that takes you directly to a large patio area & a beautifully landscaped backyard which backs onto a forested area, offering exceptional privacy with a natural backdrop that is rarely found in Town. The 1,200 sq, ft. of combined patios and decks are ideal for entertaining or just quiet relaxation. Due to the R3 zoning in this area it is an ideal location for anyone considering a multi-family option. Extras include custom blinds, a propane BBQ hookup, radon mitigation system, roughed in central vacuum, gutter guards, forced air heating & cooling, with heat pump & electric furnace backup. The area boasts multiple walking trails and HB Studios is a short 2 minute drive to an indoor walking track and soccer & baseball field. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Bridgewater
Common interest
Freehold
Living area
3,415 square feet
Lot size
0.19 acres
Lot dimensions
0.1882
Bedrooms
3 above grade, 0 below grade
Stories
1
Fireplace
Yes
On market
Apr 23, 2026
Status changed
Apr 23, 2026
Photos
45
MLS#
202608307
Area
BRIDGEWATER

Features and systems

Parking

Attached GarageGaragePaved Yard

Basement

FinishedFullWalk out

Appliances

WasherDryer - ElectricRefrigeratorWater meterBarbequeRange - ElectricDishwasherMicrowaveCentral Vacuum - Roughed In

Cooling

Central air conditioningHeat Pump

Exterior

Vinyl

Flooring

Engineered hardwoodPorcelain Tile

Foundation

Poured Concrete

Lot

SlopingLevelWalk-In Closet

Community

School BusRecreational Facilities
Negative cash flow ~$869/mo at these assumptions

Cash on cash

-6.72%

Cap rate

3.52%

GRM

16.7

Break-even rent

$4,790

Financing

Down payment$155,180
Loan amount$620,720
Mortgage$3,145/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$356
Insurance$80
Maintenance$647
CapEx reserve$323
Vacancy loss$194

Estimates 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.

Mortgage estimate

Estimated $3,145/mo at 4.5% with 20% down, 30-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 23, 2026.

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