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Investment signal

$944,900

98 LOCKY LANE

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Beds

Baths

4 full + 1 half

Sqft

—

Year

—

Type

Single Family

Suite

Suite potential

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Location nearby

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

About this home

Only 4 years old! 2656 SqFt plus 1152 SqFt fully finished basement! This beautiful home located on a quiet crescent features a concrete front porch, concrete driveway and a concrete path to the backyard along the left side of the house. Enter through a welcoming foyer next to a spacious dining room before entering a designer kitchen with a butlers pantry. A huge living room with a cozy fireplace opens up from the kitchen. The second floor includes four bedrooms as well as a family/media room. A luxury ensuite and spacious his and hers walk-in-closets compliment the primary bedroom. The other three bedrooms boast their own walk-in-closets. The second floor bathroom consists of two sinks and plenty of space. The main floor has a spacious laundry room. Separate entrance to the fully finished basement with two bedrooms, recreation room, and bathroom. Kilworth Heights West is the perfect union of urban and rural living. A fitness facility, a community center for outdoor team sports, scenery trails in Komoka Provincial Park and along Thames River, grocery store, LCBO, and various retail stores are only 3-4 minutes away. Separate entrance to basement potentially brings 1500/ month rental income. Quick access to Highway 402. Call now for your showing (id:65958)

Subtype: Single Family
Structure: House
Community: Rural Middlesex Centre
Common interest: Freehold
Lot dimensions: 40 FT ; 96.56 ft x 40.31 ft x 103.05 ft x 69.18
Bedrooms: 4 above grade, 2 below grade
Parking: 6 total
Stories: 2
Fireplace: 2
On market: Apr 28, 2026
Status changed: Apr 28, 2026
Annual tax: $5,413
Zoning: uR1-38
Photos: 50
MLS#: X13053294
Area: MIDDLESEX_CENTRE

Features and systems

Parking

Attached GarageGarage

Basement

FinishedFull

Appliances

WasherRefrigeratorDishwasherDryerOven - Built-InGarage door opener remote(s)Water Heater - Tankless

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick Facing

Foundation

Concrete

Lot

Flat siteDryIn-Law Suite

Negative cash flow ~$1,036/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.58%

Cap rate

3.55%

GRM

16.7

Break-even rent

$5,815

Financing

Down payment$188,980

Loan amount$755,920

Mortgage$3,830/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$433

Insurance$80

Maintenance$787

CapEx reserve$394

Vacancy loss$236

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 $3,830/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 28, 2026.