1 Elgin Street, Clearview

$749,900
1 Elgin Street

$749,900

New
105d
DetachedSidesplit 3

1 Elgin Street, Clearview

Total Monthly Obligation $3,715

Beds
3
Baths
3
Park
8
Sqft
1100-1500
DOM
105d
Score
18
Yield
4.6%
Cash on Cash
-4.0%
Cap Rate
3.7%
5Y IRR
12.4%
10Y IRR
12.1%
Property Type-Detached
MLS® Number-S13549392
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-94.05 × 165 ft
Listed on site-Jul 10, 2026
Style-Sidesplit 3
Building Type-Detached
Age-31-50
Taxes-$3,777 (2025)
Parking-10 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX Four Seasons Realty Limited
Cooling-None
Laundry-No
Fireplace-Family Room, Wood
Pool-None
Facing-South
Exterior-Stone, Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-New Lowell
Title-Residential Freehold

No agent assigned

Rare Opportunity! Beautifully Upgraded 3-Bedroom, 3-Bath Side Split Bungalow (1838 sf. finished) Backing onto Conservation on a 94' x 165' Lot! Welcome to 1 Elgin Street, positioned on a mature, tree-lined street in the heart of New Lowell. Ideally located just 20 minutes from Barrie and 20 minutes from Collingwood, this charming community offers the perfect balance of small-town living with easy access to shopping, recreation, and everyday amenities. Situated on an impressive 94' x 165' in-town lot with dual street frontage, this home has been thoughtfully updated and is truly move-in ready. Pride of ownership, offering warm, inviting spaces designed for comfortable everyday living. The bright kitchen is the heart of the home, featuring a spacious island, newer appliances, gas stove and seamless flow into the dining and living areas-perfect for family gatherings and entertaining with patio doors leading directly to your own private outdoor retreat. Backing onto a conservation area, the spacious landscaped yard offers exceptional privacy and endless opportunities to enjoy nature. Whether it's morning coffee, summer barbecues, or evenings under the stars, this backyard is designed for making lasting memories. The finished lower level adds valuable living space with a cozy fireplace (Pacific Energy Woodstove/WETT Cert.~2010), spacious recreation room, -ideal for family movie nights, entertaining, or a home office. Welcome family~ Ample parking ~Over Sized Double Car Garage with Inside Entry to Laundry room and 2 pc bath~ perfect for recreational vehicles, workshop and additional storage. Nature lovers will appreciate having a conservation area just steps away, offering hiking, kayaking, swimming, and fishing right at your doorstep. Wasaga Beach, Collingwood, Barrie & Alliston are an easy commute with countless recreational opportunities. Enhancements~ Roof (2016~30 yr shingles), Electrical (2009), Upgraded Windows/Doors, Insulation, Flooring (2019), Kitchen (2019).

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

Closing Costs

Mortgage Amount
$599,920
Land Transfer Taxes$11,473
Legal Fees (Est.)
$
Total cash required for closing$162,953

Total Monthly Obligation

$3,715/mo
Mortgage $3,025
Monthly Loss $2,919
Principal$796
Interest$2,229
Property Tax$315
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
8.9%28
10-Year IRR
9.7%
Returns Index
15.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$34,200/yr
NOI
$22,503/yr
Net Cash Flow
-$1,150/mo
Cash Margin
-40.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
22.5/ 100

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

Comparables

Properties near 1 Elgin Street

Time

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