16 Evelyn Avenue, Georgina

$699,900
16 Evelyn Avenue

$699,900

New
8d
DetachedSidesplit 3

16 Evelyn Avenue, Georgina

Total Monthly Obligation $3,620

Beds
3
Baths
2
Park
6
Sqft
1100-1500
DOM
8d
Score
19
Yield
5.0%
Cash on Cash
-3.0%
Cap Rate
3.9%
5Y IRR
13.2%
10Y IRR
12.7%
Property Type-Detached
MLS® Number-N14081628
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-58.02 × 126.03 ft
Listed on site-Oct 15, 2026
Style-Sidesplit 3
Building Type-Detached
Taxes-$5,061.87 (2026)
Parking-9 - Built-In
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX ALL-STARS TEAM TREVOR REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-60-89 days
Neighbourhood-Keswick North
Title-Residential Freehold

No agent assigned

Welcome to this exceptional three-level sidesplit, offering three spacious bedrooms and two updated bathrooms set on a large, fully fenced property. Stunning armor stone landscaping frame the newly renovated front entrance, offering outstanding curb appeal alongside a large driveway with ample space for parking family and friends. Inside, you are welcomed by a family-friendly layout featuring a main floor that was freshly painted in 2025 and newly updated upper-level flooring completed in 2026. The heart of the home is the fully renovated kitchen from 2021, highlighted by luxurious quartz countertops with a striking waterfall feature, stylish backsplash, painted cabinetry, undermounted cabinet lighting, and stainless steel appliances ranging between three to five years old. Vehicle enthusiasts and practical homeowners alike will appreciate the oversized garage. Featuring double garage doors with space for three cars inside using a tandem layout on one side and a single layout on the other, it comes complete with a dedicated 220V receptacle suitable for EV charging or heavy power tools like welders. Crucial infrastructure updates provide complete peace of mind, including an owned water softener installed in 2024 and a two-year-old sump pump with a reliable backup system. A unique hybrid water setup gives you access to town services while utilizing a drilled well for outdoor needs, saving on utility costs when watering the grass or washing cars. The outdoor space serves as a true private retreat with a massive two-tiered deck, featuring an upper deck refreshed in 2020 and a lower deck with railings completed in 2026. The spacious backyard overlooks quiet surrounds, featuring a garden shed for equipment storage and garden planters ready for growing fresh vegetables.

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

Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,620/mo
Mortgage $2,823
Monthly Loss $2,877
Principal$743
Interest$2,080
Property Tax$422
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.8%1
5-Year IRR
9.5%32
10-Year IRR
10.2%
Returns Index
17.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$35,256/yr
NOI
$22,169/yr
Net Cash Flow
-$976/mo
Cash Margin
-33.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.658
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo43
Risk Index
23.3/ 100

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

Comparables

Properties near 16 Evelyn Avenue

Time

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