117 Forest Lake Road, Strong

$419,000
117 Forest Lake Road

$419,000

New
6d
DetachedBungalow

117 Forest Lake Road, Strong

Total Monthly Obligation $2,282

Beds
3
Baths
1
Park
4
Sqft
1100-1500
DOM
6d
Yield
7.7%
Cash on Cash
9.0%
Cap Rate
6.5%
5Y IRR
22.8%
10Y IRR
20.7%
Property Type-Detached
MLS® Number-X14090566
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-137.22 × 203.75 ft
Listed on site-Oct 17, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$2,603.11 (2026)
Parking-6 - Attached
Basement-Partially Finished
Heating-Forced Air (Gas)
Brokerage-Realty Executives Plus Ltd
Cooling-None
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Wood
Roof-Metal
Foundation-Block
Sewer-Septic
Possession-TBA
Neighbourhood-Strong
Title-Residential Freehold

No agent assigned

Step back in time and bring your vision to life! Nestled in a desirable location, this 3-bedroom detached home is a rare find for renovators, contractors, and design enthusiasts. Featuring its original, untouched decor dating back to the 1960's, this property is a true mid-century time capsule offering a solid foundation and a blank canvas for your dream updates. This home is truly one of a kind featuring a massive 28x28 drive through garage, a gorgeous 40x22 shop with a new roof in 2017. with a wood stove, 2 sheds, 8x8 private patio, 750 gallon poly septic tank. This is truly a remarkable home located waking distance to all of the amenities of Sundridge without the Sundridge taxes! Lake Bernard is only a stone throw away for enjoying hot summer days on the beach. *The Sellers have not resided in the home for several decades and do not make any representation or warranty whatsoever with regard to the property. The property is being sold "as is where is". * Please note some photos have been AI enhanced. Those photos are clearly labeled. The sink behind the bar in the basement is not hooked up so is not considered a wet bar at this time.

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Closing Costs

Mortgage Amount
$335,200
Land Transfer Taxes$4,855
Legal Fees (Est.)
$
Total cash required for closing$90,155

Total Monthly Obligation

$2,282/mo
Mortgage $1,690
Monthly Loss $1,837
Principal$445
Interest$1,245
Property Tax$217
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 117 Forest Lake Road

Time

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