19 Bridle Road, Penetanguishene

$559,900
19 Bridle Road

$559,900

New
8d
DetachedBungalow-Raised

19 Bridle Road, Penetanguishene

Total Monthly Obligation $2,922

Beds
5
Baths
2
Park
4
Sqft
1100-1500
DOM
8d
Score
19
Yield
4.9%
Cash on Cash
-3.2%
Cap Rate
3.9%
5Y IRR
13.0%
10Y IRR
12.6%
Property Type-Detached
MLS® Number-S14087856
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-64.96 × 111.55 ft
Listed on site-Oct 15, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$3,463 (2025)
Parking-5 - Attached
Basement-Full, Finished, Apartment, Walk-Up
Heating-Forced Air (Gas)
Brokerage-RE/MAX Georgian Bay Realty Ltd
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Wood, Concrete Block
Sewer-Sewer
Possession-TBD
Neighbourhood-Penetanguishene
Title-Residential Freehold

No agent assigned

Welcome to this versatile raised bungalow in Penetanguishene, offering an excellent opportunity for homeowners, investors or those seeking multi-generational living! The main level offers a functional layout and features an open-concept kitchen, living and dining area, three bedrooms and a full bathroom. The attached garage offers convenient inside entry, adding to the home's everyday functionality. The lower level features a separate entrance leading to a spacious two-bedroom apartment, complete with its own kitchen, living and dining areas, full bathroom and laundry facilities. This flexible layout offers fantastic income potential, with the opportunity to offset mortgage costs or comfortably accommodate extended family. There is a second hydro meter installed for second unit that is currently inactive, as well as an existing electrical hydro hook up for a generator. Outside, the fully fenced backyard and deck provide a great space for relaxing, entertaining and enjoying the outdoors. With five bedrooms, two full bathrooms and two distinct living spaces, this property offers a wonderful combination of comfort, versatility and investment potential in the welcoming community of Penetanguishene.

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

Closing Costs

Mortgage Amount
$447,920
Land Transfer Taxes$7,673
Legal Fees (Est.)
$
Total cash required for closing$121,153

Total Monthly Obligation

$2,922/mo
Mortgage $2,258
Monthly Loss $2,328
Principal$594
Interest$1,664
Property Tax$289
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.5%1
5-Year IRR
9.0%29
10-Year IRR
9.8%
Returns Index
15.5/ 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
$27,600/yr
NOI
$16,877/yr
Net Cash Flow
-$852/mo
Cash Margin
-37.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.628
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
27.2/ 100

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

Comparables

Properties near 19 Bridle Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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