588 Walsh Drive, Scugog

$969,000
588 Walsh Drive

$969,000

New
15d
Detached2-Storey

588 Walsh Drive, Scugog

Total Monthly Obligation $4,790

Beds
4
Baths
4
Park
4
Sqft
1500-2000
DOM
15d
Score
16
Yield
3.6%
Cash on Cash
-8.8%
Cap Rate
2.7%
5Y IRR
8.7%
10Y IRR
9.2%
Property Type-Detached
MLS® Number-E13875988
Beds-4
Bathrooms-4
Size-1500-2000 sqft
Lot Size-50.02 × 120.11 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$6,075.18 (2026)
Parking-6 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-Royal LePage Frank Real Estate
Cooling-Central Air
Laundry-No
Fireplace-Electric, Natural Gas
Pool-Inground
Facing-South
Exterior-Aluminum Siding, Brick
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-+/- 60 days
Neighbourhood-Port Perry
Title-Residential Freehold

No agent assigned

Welcome to this fully renovated, move-in ready home in one of Port Perry's most sought-after family-friendly neighbourhoods. Offering stylish updates, spacious living areas, and a magazine-quality backyard, this home is truly designed for both everyday living and entertaining. The open-concept main level features a bright living room, dining room, family room, and updated eat-in kitchen with quartz counters. The family room offers a gas fireplace and walkout to the spectacular backyard, while main-floor laundry with garage access adds everyday convenience. Upstairs, you'll find 3 spacious bedrooms, including a huge primary suite with a walk-in closet and updated 4-piece ensuite. An additional updated 4-piece hallway bathroom completes the upper level. The finished basement expands the living space with a large recreation room, wet bar, 4th bedroom, and full bathroom-perfect for guests, teenagers, or additional family space. Step outside to your private backyard oasis, featuring extensive interlock, an in-ground pool, armour stone landscaping, and a covered patio. Fully fenced and beautifully landscaped, it's an incredible space to enjoy summer with family and friends. Located within walking distance of schools, parks, restaurants, grocery stores, the waterfront, and all that downtown Port Perry has to offer. Extensive updates include eavestroughs, soffits & fascia (2024), basement (2022-2026), kitchen (2019), attic insulation (2026), front door (2022), pool pump (2022), pool liner (2023), backyard landscaping (2023), and main bathroom (2026). A beautifully updated home in an unbeatable Port Perry location-just move in and enjoy!

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

Closing Costs

Mortgage Amount
$775,200
Land Transfer Taxes$15,855
Legal Fees (Est.)
$
Total cash required for closing$211,155

Total Monthly Obligation

$4,790/mo
Mortgage $3,909
Monthly Loss $3,761
Principal$1,029
Interest$2,880
Property Tax$506
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%13
Cash-on-Cash
-12.6%0
5-Year IRR
5.8%13
10-Year IRR
7.3%
Returns Index
8.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$20,745/yr
Net Cash Flow
-$2,180/mo
Cash Margin
-75.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.444
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
17.8/ 100

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

Comparables

Properties near 588 Walsh Drive

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.