13 Cypress Point Crescent, South Huron

$279,900
13 Cypress Point Crescent

$279,900

New
16d
DetachedBungalow

13 Cypress Point Crescent, South Huron

Total Monthly Obligation $1,541

Beds
2
Baths
2
Park
2
Sqft
1100-1500
DOM
16d
Score
68
Yield
9.8%
Cash on Cash
19.4%
Cap Rate
8.8%
5Y IRR
31.5%
10Y IRR
28.3%
Property Type-Detached
MLS® Number-X13871706
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Detached
Taxes-$448.32 (2025)
Parking-2 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-Royal LePage Heartland Realty
Cooling-Central Air
Laundry-No
Fireplace-Living Room
Pool-Community
Facing-West
Exterior-Vinyl Siding
Roof-Metal
Foundation-Piers
Sewer-Sewer
Possession-Flexible
Neighbourhood-Stephen
Title-Residential Freehold

No agent assigned

Whether you're looking to downsize and retire year round in Grand Bend, or want an affordable cottage that requires very low maintenance, this lovely Grand Cove home may be just the thing for you. Grand Cove has more amenities than any other Grand Bend neighbourhood, with a private community pool, tennis and pickleball courts, a clubhouse, scheduled events, and more. Set upon the first crescent inside the gated community, is a well cared for 2 bedroom bungalow with a beautiful private backyard view. This home features a smart layout, including a primary bedroom complete with a walk in closet and attached 2 piece bathroom. The bright living areas include a large front sitting room with a gas fireplace, an oversized dining area centred in the home, a functional kitchen and laundry set up, and a bright sunroom leading to the private deck. Outside you'll notice the beautiful front walkways, front covered porch, back deck and patio. The home has some mature trees surrounding it and overlooks a large green space at the rear. This is on leased land and your fees include snow removal of your driveway, making winter maintenance a breeze. Enjoy the warmth of a local community along with the peaceful privacy of this unit's unique offerings.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$223,920
Land Transfer Taxes$2,674
Legal Fees (Est.)
$
Total cash required for closing$60,154

Total Monthly Obligation

$1,541/mo
Mortgage $1,129
Monthly Loss $1,244
Principal$297
Interest$832
Property Tax$37
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
7.0%62
Cash-on-Cash
10.1%51
5-Year IRR
24.0%97
10-Year IRR
22.2%
Returns Index
71.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeB
68/ 100
Fair•Hold / Negotiate

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$27,300/yr
NOI
$19,622/yr
Net Cash Flow
$506/mo
Cash Margin
22.2%81
Cash Flow Index
81.0/ 100
Risk Profile
Weight: 20%
DSCR
1.4569
LTV Ratio
80.0%18
Vacancy Buffer
6.0 mo92
Risk Index
59.7/ 100

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

Comparables

Properties near 13 Cypress Point Crescent

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.