204 The Queensway S, Georgina

$949,000
204 The Queensway S

$949,000

New
30d
DetachedBungalow

204 The Queensway S, Georgina

Total Monthly Obligation $4,728

Beds
4
Baths
3
Park
6
Sqft
2000-2500
DOM
30d
Score
16
Yield
3.9%
Cash on Cash
-7.5%
Cap Rate
3.0%
5Y IRR
9.6%
10Y IRR
10.0%
Property Type-Detached
MLS® Number-N13817486
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-44.46 × 167.16 ft
Listed on site-Sep 23, 2026
Style-Bungalow
Building Type-Detached
Taxes-$6,302.13 (2025)
Parking-7 - Attached
Basement-Partial Basement
Heating-Forced Air (Gas)
Brokerage-LPT REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block, Other, Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Keswick South
Title-Residential Freehold

No agent assigned

Commanding Channel Views And Spectacular Western Exposure Set The Stage For This Architecturally Distinct Wraparound Bungalow On An Almost Half-Acre Lot. Enjoy 235 Feet Of Shoreline And Direct Access To Lake Simcoe, All Within Walking Distance To Shops, Restaurants, Groceries And Everyday Amenities. This Property Offers An Inspiring Canvas For Buyers Looking To Build On Recent Updates And Bring Their Own Vision To A Distinctive Waterfront Home. Large Windows And Multiple Walkouts Capture The Beauty Of The Surroundings. Wake Up To Peaceful Channel Views From All Three Bedrooms, Enjoy Ever-Changing Water Views From The Principal Living Spaces And Take In Breathtaking Sunsets. The Primary Retreat Features A Renovated 5-Piece Ensuite And Custom Built-In Wardrobes. Two Additional Bedrooms Offer Direct Access To The Sunroom And Peaceful Water Views. Designed For Convenient Single-Level Living, The Home Features Recent Updates Completed In 2025, Including Flooring, Fresh Paint Throughout, Renovated Bathrooms And Updated Lighting. The Spacious Screened-In Sunroom Is An Inviting Place To Relax, Entertain, Enjoy Your Morning Coffee Or Unwind While Taking In The Waterfront Setting. The Registered One-Bedroom Apartment With A Separate Entrance Offers Potential For Rental Income, Multigenerational Living, Extended Family Or Guests. Complete With Its Own Private Deck And Sitting Area, It Provides Privacy And Flexibility. A Dedicated Office With Direct Access To The Garage Adds Convenience For Those Working From Home. An Unfinished Second-Storey Bonus Room Offers Exciting Future Expansion Potential, W/The Possibility To Create Additional Living Space Along With A Private Outdoor Deck & Stair Access.The Partial Basement And Poured Concrete Crawlspace Beneath The Addition Provide Ample Storage. Distinctive Architecture, Spectacular Sunsets And Everyday Convenience, With Room To Bring Your Waterfront Vision To Life.

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

Closing Costs

Mortgage Amount
$759,200
Land Transfer Taxes$15,455
Legal Fees (Est.)
$
Total cash required for closing$206,755

Total Monthly Obligation

$4,728/mo
Mortgage $3,828
Monthly Loss $3,721
Principal$1,007
Interest$2,821
Property Tax$525
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.5%0
5-Year IRR
6.6%17
10-Year IRR
8.0%
Returns Index
9.6/ 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
$37,032/yr
NOI
$22,527/yr
Net Cash Flow
-$1,951/mo
Cash Margin
-63.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo32
Risk Index
18.2/ 100

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

Comparables

Properties near 204 The Queensway S

Time

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