242 Morrison Avenue, Brock

$799,000
242 Morrison Avenue

$799,000

New
30d
DetachedBungalow

242 Morrison Avenue, Brock

Total Monthly Obligation $4,013

HausQ Valuation Report
Beds
3
Baths
1
Park
2
Sqft
1100-1500
DOM
30d
Score
17
Yield
4.1%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Detached
MLS® Number-N13818442
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-50 × 103 ft
Listed on site-Sep 23, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,978 (2025)
Parking-2 - None
Basement-None
Heating-Baseboard (Electric)
Brokerage-R.J.L. Realty Ltd.
Cooling-None
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Board & Batten
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Beaverton
Title-Residential Freehold

No agent assigned

Welcome to 242 Morrison Avenue a 3-bedroom, 1-bath four-season bungalow on the east shore of Lake Simcoe with incredible west-facing views and picture-perfect sunsets.Set on a private, mature lot, this charming waterfront property features a firm sand and stone shoreline, ideal for swimming, boating, and lakeside living year-round.Whether you're looking for a family getaway, income-generating rental, or full-time residence, this home offers the perfect blend of cottage charm and modern convenience with municipal water and sewers.Located just minutes from the local yacht club, parks, shops, and restaurants, this is the ideal spot to enjoy everything Lake Simcoe has to offer.

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

Closing Costs

Mortgage Amount
$639,200
Land Transfer Taxes$12,455
Legal Fees (Est.)
$
Total cash required for closing$173,755

Total Monthly Obligation

$4,013/mo
Mortgage $3,223
Monthly Loss $3,165
Principal$848
Interest$2,375
Property Tax$415
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.7%1
5-Year IRR
7.2%19
10-Year IRR
8.4%
Returns Index
10.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$33,000/yr
NOI
$20,222/yr
Net Cash Flow
-$1,538/mo
Cash Margin
-55.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.4 mo38
Risk Index
20.6/ 100

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

Comparables

Properties near 242 Morrison Avenue

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.