5390 Highway 89, Essa

$800,000
5390 Highway 89

$800,000

New
6d
DetachedSidesplit 3

5390 Highway 89, Essa

Total Monthly Obligation $3,848

HausQ Valuation Report
Beds
3
Baths
4
Park
6
Sqft
1500-2000
DOM
6d
Score
22
Yield
5.4%
Cash on Cash
0.5%
Cap Rate
4.7%
5Y IRR
15.9%
10Y IRR
14.9%
Property Type-Detached
MLS® Number-N14089958
Beds-3
Bathrooms-4
Size-1500-2000 sqft
Lot Size-132 × 150 ft
Listed on site-Oct 17, 2026
Style-Sidesplit 3
Building Type-Detached
Age-31-50
Taxes-$2,956.3 (2026)
Parking-8 - Detached
Basement-Finished, Partial Basement
Heating-Forced Air (Propane)
Brokerage-FARIS TEAM REAL ESTATE BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Septic
Possession-30-59 days
Neighbourhood-Rural Essa
Title-Residential Freehold

No agent assigned

Top 5 Reasons You Will Love This Home: 1) Perched at the top of Sharpe's Hill, this detached split-level home captures beautiful sweeping views while offering a peaceful country setting just minutes from Alliston 2) Move right in and enjoy a home that has been thoughtfully updated from top-to-bottom, featuring a bright open-concept main level designed for comfortable everyday living and easy entertaining 3) Make the most of the spacious lot with plenty of room to enjoy the outdoors, complete with a chicken coop, vegetable garden space, a new drilled well, and picturesque views right from your own backyard 4) Detached garage providing excellent space for the hobbyist, offering plenty of room to tinker, store recreational toys, create a workshop, or tackle weekend projects 5) Walkout lower level adding valuable flexibility with a generous recreation room and the potential to create a comfortable multi-generational living setup, giving the home room to adapt as your needs change. 1,744 above grade sq.ft. plus a partially finished basement.

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

Closing Costs

Mortgage Amount
$640,000
Land Transfer Taxes$12,475
Legal Fees (Est.)
$
Total cash required for closing$173,975

Total Monthly Obligation

$3,848/mo
Mortgage $3,227
Monthly Loss $2,999
Principal$849
Interest$2,378
Property Tax$246
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.9%26
Cash-on-Cash
-4.2%3
5-Year IRR
12.2%52
10-Year IRR
12.3%
Returns Index
27.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$43,200/yr
NOI
$31,424/yr
Net Cash Flow
-$608/mo
Cash Margin
-16.9%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.8115
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
24.3/ 100

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

Comparables

Properties near 5390 Highway 89

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.