132 Queen Street W, Springwater

$599,900
132 Queen Street W

$599,900

New
16d
Detached2-Storey

132 Queen Street W, Springwater

Total Monthly Obligation $2,924

Beds
4
Baths
1
Park
4
Sqft
1500-2000
DOM
16d
Score
22
Yield
5.4%
Cash on Cash
0.7%
Cap Rate
4.7%
5Y IRR
16.1%
10Y IRR
15.1%
Property Type-Detached
MLS® Number-S13873672
Beds-4
Bathrooms-1
Size-1500-2000 sqft
Lot Size-80 × 150 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Detached
Taxes-$1,549.73 (2025)
Parking-6 - Detached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-North
Exterior-Stucco (Plaster), Stone
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-Elmvale
Title-Residential Freehold

No agent assigned

RARE 80 X 150 FT IN-TOWN LOT WITH UPGRADED SHINGLES, EAVESTROUGHS, FASCIA, SOFFIT, DOWNSPOUTS, FRESH PAINT & FLOORING WITH AN OVERSIZED DETACHED DOUBLE GARAGE & FOUR BEDROOMS WITHIN WALKING DISTANCE TO THE RAILTRAIL AND DOWNTOWN ELMVALE! You do not have to leave town to get a backyard with this much room, a true two-car detached garage and a home that gives everyone a little more room of their own. A long driveway leads to the oversized detached double garage, giving you valuable space for two vehicles along with tools,bikes, seasonal gear and projects. Behind it, the 80 x 150 ft property opens into a wide stretch of lawn beneath mature trees, with a shed for the extras and enough backyard space for swing sets, soccer nets, garden beds and long summer evenings on the deck while the kids keep playing past sunset. Offering over 1,600 sq. ft., the main level features a spacious living room and a large kitchen and dining area with white cabinetry, a tiled backsplash, porcelain tile flooring, a stone fireplace and a walkout to the rear deck. A main-floor bedroom gives guests or family members their own space, while the large laundry room includes a sink and plenty of room to keep household tasks organized. Three additional bedrooms are found on the upper level alongside a bonus area that could easily become a home office, play space or quiet reading spot, plus a 4-piece bathroom. The Trans Canada Trail, library, arena, schools, grocery store and local restaurants are all close by, putting many of Elmvale's everyday destinations within easy reach. This #HomeToStay has everything you want, and all the charm you didn't know you needed!

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

Closing Costs

Mortgage Amount
$479,920
Land Transfer Taxes$8,473
Legal Fees (Est.)
$
Total cash required for closing$129,953

Total Monthly Obligation

$2,924/mo
Mortgage $2,420
Monthly Loss $2,287
Principal$637
Interest$1,783
Property Tax$129
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%25
Cash-on-Cash
-4.6%3
5-Year IRR
12.0%50
10-Year IRR
12.1%
Returns Index
26.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$32,400/yr
NOI
$23,110/yr
Net Cash Flow
-$494/mo
Cash Margin
-18.3%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.8014
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
29.2/ 100

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

Comparables

Properties near 132 Queen Street W

Time

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Data last updated within the past 24 hours.