19 Vernon Street, Essa

$699,000
19 Vernon Street

$699,000

New
2d
DetachedBungalow-Raised

19 Vernon Street, Essa

Total Monthly Obligation $3,421

Beds
4
Baths
3
Park
4
Sqft
1100-1500
DOM
2d
Score
18
Yield
4.2%
Cash on Cash
-5.0%
Cap Rate
3.5%
5Y IRR
11.7%
10Y IRR
11.5%
Property Type-Detached
MLS® Number-N14102948
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-71.62 × 103.4 ft
Listed on site-Oct 21, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-16-30
Taxes-$2,719.8 (2026)
Parking-6 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Angus
Title-Residential Freehold

No agent assigned

BEAUTIFULLY RENOVATED KITCHEN, EXTENSIVE UPDATES, OVER 2,100 FINISHED SQ. FT., DOUBLE-CAR GARAGE & A FANTASTIC BACKYARD WITH A SPACIOUS DECK & HOT TUB! Thoughtfully updated with a beautifully renovated interior, this home has undergone major improvements that extend well beyond the finishes. At 19 Vernon Street in Angus, updates include a high-efficiency furnace (2025), air conditioning (2025), shingles (2017), R50 attic insulation (2017), eavestroughs (2017), replaced main-floor windows (2019), updated front and patio doors (2019), and driveway paving (2026). A double-car garage with inside entry to the foyer, a generous front lawn and mature trees bordering one side of the property add to the setting. Renovated in 2021, the kitchen features white shaker cabinetry, quartz counters, a matching full-height quartz backsplash, under-cabinet lighting, a generous island and newer appliances (2020). The spacious living room has hardwood floors and a large front window overlooking the lawn. All three full bathrooms have updated vanities, with the main bath's tub and shower surround replaced in 2020. The large basement recreation room is ready for far more than the occasional movie night, with pot lights, soft carpeting and room for a big sectional, gaming setup or home office. A fourth bedroom with a large closet and a nearby full bathroom gives older kids, extended family or guests a place to call their own. Summer looks especially good out back, where an elevated deck overlooks the fully fenced yard. The deck offers room for outdoor dining, with storage underneath and a hot tub in its own partially enclosed section for year-round enjoyment. Multiple schools, parks, Angus Recreation Centre, Essa Public Library and shopping plazas are within approximately five minutes, with CFB Borden nearby and Barrie a short drive away.

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

Closing Costs

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

Total Monthly Obligation

$3,421/mo
Mortgage $2,820
Monthly Loss $2,679
Principal$742
Interest$2,078
Property Tax$227
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.1%24
10-Year IRR
9.1%
Returns Index
13.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$29,700/yr
NOI
$19,510/yr
Net Cash Flow
-$1,194/mo
Cash Margin
-48.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
23.7/ 100

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

Comparables

Properties near 19 Vernon Street

Time

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