8 West Street, Penetanguishene

$849,900
8 West Street

$849,900

New
4d
DetachedBungalow-Raised

8 West Street, Penetanguishene

Total Monthly Obligation $4,284

Beds
3
Baths
3
Park
2
Sqft
1100-1500
DOM
4d
Score
15
Yield
3.3%
Cash on Cash
-10.5%
Cap Rate
2.3%
5Y IRR
7.4%
10Y IRR
8.2%
Property Type-Detached
MLS® Number-S14094154
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-262.43 × 113.39 ft
Listed on site-Oct 19, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$5,766 (2026)
Parking-4 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-Keller Williams Experience Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Inground
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Septic
Possession-Flexible
Neighbourhood-Penetanguishene
Title-Residential Freehold

No agent assigned

Welcome to your own backyard oasis at 8 West Street in Penetanguishene! Set on a generous corner lot. This property offers the perfect blend of space, privacy, and small-town convenience. Located on a quiet dead-end street in a safe, welcoming neighbourhood, it's an ideal setting for families, and anyone looking for room to spread out.Built in 2010 by Grozelle Homes, this thoughtfully designed home offers over 2500 sq. ft. of living space. The main floor features a bright living room, kitchen, dining area, a spacious primary bedroom with a 3-piece ensuite, and an additional 4-piece bathroom and bedroom. Downstairs, you'll find an additional bedroom, a 3-piece bathroom, a den and a generous recreation room, offering plenty of space for family living, guests, hobbies or a home office. An attached double-car garage provides convenient parking and additional storage.Step outside and discover the backyard retreat, complete with a pool and pool house, both added in 2022. Whether entertaining friends, hosting summer bbq's or simply relaxing in your own private oasis, this generous outdoor space is sure to impress.Nature and adventure are right around the corner, with nearby walking trails, creeks, biking trails and access to dirt biking and snowmobile trails. Local beaches are also within easy reach, allowing you to enjoy the feeling of being tucked away from it all while remaining just minutes from town amenities.Additional highlights include a roof replaced in 2022, a new air conditioning unit installed in 2024, natural gas heating, a private well and septic system. Enjoy the best of Penetanguishene living in a peaceful, welcoming neighbourhood.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$679,920
Land Transfer Taxes$13,473
Legal Fees (Est.)
$
Total cash required for closing$184,953

Total Monthly Obligation

$4,284/mo
Mortgage $3,428
Monthly Loss $3,382
Principal$902
Interest$2,526
Property Tax$481
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%11
Cash-on-Cash
-14.4%0
5-Year IRR
4.4%9
10-Year IRR
6.3%
Returns Index
5.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$27,900/yr
NOI
$14,844/yr
Net Cash Flow
-$2,191/mo
Cash Margin
-94.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.363
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
19.0/ 100

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

Comparables

Properties near 8 West Street

Time

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Data last updated within the past 24 hours.