209 South Channel Drive, Georgina

$699,000
209 South Channel Drive

$699,000

Price Change
22d
DetachedBungalow

209 South Channel Drive, Georgina

Total Monthly Obligation $3,597

Beds
2
Baths
1
Park
10
Sqft
1100-1500
DOM
22d
Score
19
Yield
5.1%
Cash on Cash
-2.7%
Cap Rate
4.0%
5Y IRR
13.4%
10Y IRR
12.9%
Property Type-Detached
MLS® Number-N13848560
Beds-2
Bathrooms-1
Size-1100-1500 sqft
Lot Size-80.03 × 176.43 ft
Listed on site-Oct 1, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,824.14 (2026)
Parking-12 - Built-In
Basement-None
Heating-Baseboard (Electric)
Brokerage-RE/MAX HALLMARK YORK GROUP REALTY LTD.
Cooling-Window Unit(s)
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Concrete, Slab
Sewer-Sewer
Possession-Immediate TBA
Neighbourhood-Keswick North
Title-Residential Freehold

No agent assigned

Charming and Unique Brick & Stone Bungalow on a Premium 80 x 176 Ft. Lot! Ideally situated on a quiet cul-de-sac in Central Keswick, this distinctive 2-bedroom, ground-level bungalow offers a rare combination of space, privacy, parking and location. With frontage on 2 roads and nestled steps from Lake Simcoe, this property is perfectly positioned for those looking to enjoy a relaxed lakeside lifestyle with a short drive to Hwy 404. Offering almost 1,300 sq. ft. of comfortable one-floor living, the home features a bright and spacious living area highlighted by oversized bay windows, a cozy gas fireplace and views toward the lake. The inviting eat-in kitchen provides plenty of room for casual meals and entertaining, while sleek hardwood flooring flows throughout the living area and bedrooms. The impressive exterior amenities are sure to appeal to hobbyists, contractors, car enthusiasts or anyone looking for exceptional storage and workspace. Enjoy a large drive-in carport with an attached 1.5-car garage, plus an additional single-car garage and a fully insulated workshop with rear access from Cameron Crescent. There is plenty of room for vehicles, recreational toys, projects and storage. Beautifully landscaped with established perennial gardens, this unique property offers an opportunity to create the home and lifestyle you've been looking for. Steps from the lake, close to local amenities, public transit and with easy access to the highway, this is a special Keswick opportunity you won't want to miss!

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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,597/mo
Mortgage $2,820
Monthly Loss $2,855
Principal$742
Interest$2,078
Property Tax$402
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.5%1
5-Year IRR
9.7%33
10-Year IRR
10.4%
Returns Index
17.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$35,400/yr
NOI
$22,536/yr
Net Cash Flow
-$942/mo
Cash Margin
-31.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
23.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 209 South Channel Drive

Time

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