40 Greene Street, South Huron

$799,900
40 Greene Street

$799,900

New
21d
DetachedBungalow

40 Greene Street, South Huron

Total Monthly Obligation $4,080

Beds
3
Baths
2
Park
2
Sqft
1500-2000
DOM
21d
Score
17
Yield
4.4%
Cash on Cash
-5.9%
Cap Rate
3.3%
5Y IRR
10.9%
10Y IRR
10.9%
Property Type-Detached
MLS® Number-X13855770
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-36.14 × 126.95 ft
Listed on site-Oct 2, 2026
Style-Bungalow
Building Type-Detached
Age-0-5
Taxes-$5,736.16 (2025)
Parking-4 - Attached
Basement-Unfinished, Walk-Out
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Central Air
Laundry-No
Fireplace-Electric, Living Room
Pool-None
Facing-South
Exterior-Stucco (Plaster), Brick
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Exeter
Title-Residential Freehold

No agent assigned

Take advantage of the HST rebate relief. Price advertised reflects purchase price net of HST. Welcome to this beautifully designed 1921 sq ft bungalow that is situated on a walk out lot, backing onto green space, expertly built and covered by full Tarion warranty, offering quality and peace of mind. This home combines elegant style with practical living, ideal for families or anyone looking for one-floor living with room to grow. From the moment you step inside, you'll appreciate the open concept layout, highlighted by 9 ft ceilings throughout and a stunning 10 ft tray ceiling in the living room. The space is warm and inviting with a modern electric fireplace and direct access to a private, pressure-treated deck perfect for outdoor enjoyment. The kitchen is a true showstopper, featuring quartz countertops, matching quartz backsplash slabs, and sleek modern finishes that will impress any home chef. The primary bedroom offers a private retreat with a spacious walk-in closet and a 4-piece ensuite that includes a luxurious soaker tub. Two additional generously sized bedrooms and a well-appointed 4-piece main bathroom complete the main floor. Enjoy the convenience of main floor laundry, a double car garage, and the durability of a concrete driveway. The walk-out basement provides fantastic potential to expand your living space with room to add two more bedrooms, a full bath, and an oversized rec room to suit your families needs. With hardwood flooring throughout the main level and premium finishes in every room, this home is the perfect blend of style and function This is your chance to own a brand-new, thoughtfully built home that is ready to welcome you. Final rebate amount is subject to the passing of Provincial/Federal legislation and purchaser eligibility (Primary Residence/Qualifying Rental) as per government guidelines

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

Closing Costs

Mortgage Amount
$639,920
Land Transfer Taxes$12,473
Legal Fees (Est.)
$
Total cash required for closing$173,953

Total Monthly Obligation

$4,080/mo
Mortgage $3,227
Monthly Loss $3,231
Principal$849
Interest$2,378
Property Tax$478
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.6%21
10-Year IRR
8.7%
Returns Index
11.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$34,800/yr
NOI
$21,084/yr
Net Cash Flow
-$1,470/mo
Cash Margin
-50.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
20.5/ 100

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

Comparables

Properties near 40 Greene Street

Time

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Data last updated within the past 24 hours.