1115 Highway 124, Whitestone

$374,900
1115 Highway 124

$374,900

New
9d
Detached2-Storey

1115 Highway 124, Whitestone

Total Monthly Obligation $1,954

Beds
3
Baths
1
Park
4
Sqft
1100-1500
DOM
9d
Score
39
Yield
7.7%
Cash on Cash
10.5%
Cap Rate
6.8%
5Y IRR
24.0%
10Y IRR
21.7%
Property Type-Detached
MLS® Number-X14034672
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-301.42 × 175.65 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Taxes-$807.01 (2025)
Parking-4 - None
Basement-Crawl Space
Heating-Baseboard (Electric)
Brokerage-RE/MAX Parry Sound Muskoka Realty Ltd
Cooling-None
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Wood
Roof-Asphalt Shingle
Foundation-Concrete, Block
Sewer-Septic
Possession-Other
Neighbourhood-Dunchurch
Title-Residential Freehold

No agent assigned

NATURAL CHARM, COUNTRY LIVING & SO MUCH POTENTIAL! Tucked just off the highway on a beautiful property just under an acre, this charming country home offers a wonderful opportunity to enjoy a peaceful setting while staying conveniently connected to everyday essentials. Ideal for commuters travelling to work & families getting the kids to school, the location provides easy access while still offering privacy & room to enjoy the outdoors. Currently set up w/ 3 sleeping spaces, including 1 main-floor bedroom & 2 upper-floor sleeping areas, the home also features convenient main-floor laundry & an enclosed porch area. Step outside & discover the property's natural charm, including a pond, lovely rock gardens, natural landscaping & level outdoor space where kids can run, play & explore. Generous road frontage provides an open feel & adds to the property's possibilities. Located near the welcoming community of Dunchurch, you'll appreciate having amenities close by, including a community centre, nursing station, convenience/amenity store & restaurant. A public beach & boat launch provide access to beautiful, expansive Whitestone Lake, perfect for swimming, boating, fishing & spending memorable days on the water. Whether you're searching for a full-time residence, a country retreat or a property where you can bring your own ideas to life, this is a location worth exploring. The home has a cozy, lived-in character & an inviting country feel, plus plenty of potential for the next owner to make it their own. W/ some TLC, thoughtful updates & personal touches, you can bring this property to its fullest potential while enjoying all the benefits of cottage country living. A convenient setting, natural surroundings, generous frontage & opportunity to add value make this an appealing option for anyone looking for space, charm & possibilities. Take a look & imagine what you could create here! Click on the media arrow for video.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$299,920
Land Transfer Taxes$4,099
Legal Fees (Est.)
$
Total cash required for closing$80,579

Total Monthly Obligation

$1,954/mo
Mortgage $1,512
Monthly Loss $1,557
Principal$398
Interest$1,114
Property Tax$67
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
5.5%44
Cash-on-Cash
3.1%15
5-Year IRR
18.2%86
10-Year IRR
17.2%
Returns Index
49.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
39/ 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
$28,800/yr
NOI
$20,613/yr
Net Cash Flow
$206/mo
Cash Margin
8.6%22
Cash Flow Index
21.6/ 100
Risk Profile
Weight: 20%
DSCR
1.1439
LTV Ratio
80.0%18
Vacancy Buffer
4.8 mo81
Risk Index
46.0/ 100

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

Comparables

Properties near 1115 Highway 124

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.