1982 Metro Road N, Georgina

$539,900
1982 Metro Road N

$539,900

Price Change
27d
DetachedBungalow

1982 Metro Road N, Georgina

Total Monthly Obligation $2,791

Beds
2
Baths
1
Park
6
Sqft
700-1100
DOM
27d
Score
21
Yield
5.3%
Cash on Cash
-1.0%
Cap Rate
4.4%
5Y IRR
14.8%
10Y IRR
14.0%
Property Type-Detached
MLS® Number-N13831498
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-60.43 × 126 ft
Listed on site-Sep 26, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,859.48 (2026)
Parking-6 - None
Basement-Crawl Space, Walk-Up, Partial Basement
Heating-Forced Air (Gas)
Brokerage-RE/MAX ALL-STARS REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Sutton & Jackson's Point
Title-Residential Freehold

No agent assigned

Fantastic location just steps from Lake Simcoe, at a price that makes homeownership feel within reach. Welcome to 1982 Metro Rd N in Jackson's Point, a move in ready detached bungalow offering easy one level living, great outdoor space, and a relaxed lakeside lifestyle. Inside, you'll find an open concept layout with modern and rustic finishes, the living and dining area seamlessly flowing into the functional kitchen with stainless steel appliances and a breakfast bar, 2 bedrooms and a 4 piece bathroom. Outside, the property is surrounded by mature cedars and hedges providing ample privacy. Enjoy the deck, fire pit, large, insulated storage sheds, and generous driveway. The location is hard to beat with less than a 5 minute walk to Lake Simcoe and under 10 minutes on foot to De La Salle Park. The beach, golf course, marina, nearby trails, and public transit are all close by. Sutton is also just minutes away for shopping, restaurants, and everyday amenities. With roof shingles replaced in November 2025, this home is a well maintained great opportunity for first time buyers, downsizers, or anyone looking for a detached home with privacy and easy access to the lake.

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

Closing Costs

Mortgage Amount
$431,920
Land Transfer Taxes$7,273
Legal Fees (Est.)
$
Total cash required for closing$116,753

Total Monthly Obligation

$2,791/mo
Mortgage $2,178
Monthly Loss $2,218
Principal$573
Interest$1,605
Property Tax$238
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.5%2
5-Year IRR
10.5%39
10-Year IRR
11.0%
Returns Index
20.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$18,561/yr
Net Cash Flow
-$631/mo
Cash Margin
-26.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo59
Risk Index
29.1/ 100

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

Comparables

Properties near 1982 Metro Road N

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.