280 Hope Street E, East Zorra-Tavistock

$664,000
280 Hope Street E

$664,000

New
17d
DetachedBungalow

280 Hope Street E, East Zorra-Tavistock

Total Monthly Obligation $3,332

Beds
3
Baths
2
Park
6
Sqft
1500-2000
DOM
17d
Yield
5.4%
Cash on Cash
-0.2%
Cap Rate
4.5%
5Y IRR
15.4%
10Y IRR
14.5%
Property Type-Detached
MLS® Number-X13865732
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-75 × 150 ft
Listed on site-Oct 6, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,340 (2025)
Parking-6 - None
Basement-Full, Partially Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX CENTRE CITY REALTY INC
Cooling-Central Air
Laundry-No
Fireplace-Freestanding, Electric
Pool-None
Facing-South
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-flexiable
Neighbourhood-Tavistock
Title-Residential Freehold

No agent assigned

Welcome to 280 Hope Street, Tavistock . a lovingly cared-for home where the sellers have enjoyed over 40 years of ownership. Updated over the years and ready for its next family, this spacious one-floor home offers far more living space than you might expect. The main floor features three bedrooms, a comfortable living room with an electric fireplace, a beautifully updated island kitchen with pantry space, and a remodeled four-piece bathroom. A wonderful addition provides a dining room/family room and primary bedroom, creating a flexible layout for everyday living and entertaining. One of the home's unique features is the bright family room with California shutters and a freestanding gas stove. Originally a garage, this versatile space offers plenty of possibilities and could potentially be converted back depending on your needs. The lower level adds even more usable space with a recreation/family room, potential fourth bedroom, workshop, laundry and plenty of storage. With the amount of space and flexible layout, this home also offers excellent potential for multi-generational living. The lower level could be adapted to create a private area for a teenager, extended family member or potential granny/in-law suite. Outside, enjoy the mature treed backyard, decks and plenty of space to relax or entertain. Whether you're a first-time buyer, downsizing, looking for multi-generational possibilities or simply wanting comfortable one-floor living with room for the whole family, this is a wonderful opportunity to own a well-maintained, move-in-ready home in Tavistock. Aggressively priced and ready for its next chapter-come take a look!

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Closing Costs

Mortgage Amount
$531,200
Land Transfer Taxes$9,755
Legal Fees (Est.)
$
Total cash required for closing$144,055

Total Monthly Obligation

$3,332/mo
Mortgage $2,678
Monthly Loss $2,627
Principal$705
Interest$1,974
Property Tax$278
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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

Comparables

Properties near 280 Hope Street E

Time

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