475 Athabaska Street, Tay

$614,900
475 Athabaska Street

$614,900

New
2d
DetachedBungalow-Raised

475 Athabaska Street, Tay

Total Monthly Obligation $3,084

Beds
4
Baths
2
Park
4
Sqft
700-1100
DOM
2d
Score
19
Yield
4.5%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
11.9%
Property Type-Detached
MLS® Number-S14104144
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-60 × 116.05 ft
Listed on site-Oct 21, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$2,740 (2025)
Parking-6 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX Georgian Bay Realty Ltd
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Vinyl Siding
Roof-Shingles
Foundation-Block
Sewer-Sewer
Possession-TBD
Neighbourhood-Port McNicoll
Title-Residential Freehold

No agent assigned

Move-in ready and updated throughout, this 3+1 bedroom bungalow offers comfortable living in a quiet, family-friendly neighborhood. Set on a large, fully fenced lot, the home features an open-concept layout that keeps everyday living and entertaining connected. Updated flooring, trim, exterior doors, and beautifully renovated bathrooms give the home a fresh, cohesive feel. The fully finished basement adds plenty of room to spread out, with a fourth bedroom, a dedicated kids' play area, and a second full bathroom. A new furnace, hot water tank, and updated basement windows round out the extensive improvements. With an attached garage and a spacious backyard for play, gardening, or relaxing, this thoughtfully updated home is ready for its next chapter.

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

Closing Costs

Mortgage Amount
$491,920
Land Transfer Taxes$8,773
Legal Fees (Est.)
$
Total cash required for closing$133,253

Total Monthly Obligation

$3,084/mo
Mortgage $2,480
Monthly Loss $2,431
Principal$653
Interest$1,828
Property Tax$228
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.2%1
5-Year IRR
8.4%25
10-Year IRR
9.3%
Returns Index
13.8/ 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
$17,600/yr
Net Cash Flow
-$1,014/mo
Cash Margin
-44.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
25.8/ 100

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

Comparables

Properties near 475 Athabaska Street

Time

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