582 QUEEN Street, East Zorra-Tavistock

$1,049,000
582 QUEEN Street

$1,049,000

New
85d
Detached2-Storey

582 QUEEN Street, East Zorra-Tavistock

Total Monthly Obligation $5,100

Beds
4
Baths
4
Park
2
Sqft
2500-3000
DOM
85d
Score
16
Yield
3.6%
Cash on Cash
-8.4%
Cap Rate
2.8%
5Y IRR
9.0%
10Y IRR
9.5%
Property Type-Detached
MLS® Number-X13621048
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-58.14 × 164.01 ft
Listed on site-Jul 30, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$5,922 (2025)
Parking-4 - Attached
Basement-Partially Finished, Full
Heating-Forced Air (Gas)
Brokerage-Housesigma Inc Brokerage
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-West
Exterior-Vinyl Siding, Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Innerkip
Title-Residential Freehold

No agent assigned

Stunning 3+1 bedroom open concept home in Innerkip: only 4 years new! Welcome to this breathtaking family home, featuring modern design, luxurious finishes, and ample living space. Nestled in the charming community of Innerkip, this home is perfect for families seeking comfort, styly and functionality. Main Floor boasts soaring 16' ceilings in the bright foyer and Great Room, inviting natural light to illuminate the space. The chefs kitchen is highlighted by granite counters, breakfast bar, tiled flooring, ample cabinetry, walk-in pantry, and stainless appliances (included)! Great room boasts 16' ceilings, a cozy gas fireplace, gleaming hardwood floors, and electric blinds for the upper windows. The eating area overlooks the backyard with patio doors leading to a 12x12 covered deck with a gas outlet for your bbq. The main floor primary bedroom suite has a cathedral ceiling, hardwood floor, one-way curtains, blackout blinds and a walk-in closet. Luxurious 5pc ensuite with double sinks, a soaker tub and a seperate toilet room. The family sized dining room and 2 pc bath round out the main floor. The second floor has 2 spacious bedrooms, one with walk in closet, a 5 pc bath with double sinks and a deep tub. There is a finished bonus room above the garage; a perfect hobby space or games room. The basement has L-shaped rec room, tons of entertaining space, a 4th bedroom with his /her closets, a 3 pc bath and utility room. There is also an unfinished room that would be perfect for a future 5th bedroom. The back yard is fully fenced with 2 side gates, 38' stone and brick patio and covered 12x12' deck. This home is thoughtfully designed to meet all your family's needs. Dont miss your chance to own this stunning family home in the heart of Innerkip.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$839,200
Land Transfer Taxes$17,455
Legal Fees (Est.)
$
Total cash required for closing$228,755

Total Monthly Obligation

$5,100/mo
Mortgage $4,231
Monthly Loss $3,986
Principal$1,113
Interest$3,118
Property Tax$494
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.1%0
5-Year IRR
6.1%15
10-Year IRR
7.6%
Returns Index
8.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$37,800/yr
NOI
$23,598/yr
Net Cash Flow
-$2,265/mo
Cash Margin
-71.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.464
LTV Ratio
80.0%18
Vacancy Buffer
1.9 mo29
Risk Index
17.2/ 100

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

Comparables

Properties near 582 QUEEN Street

Time

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