10 Mill Street W, Springwater

$748,000
10 Mill Street W

$748,000

Price Change
65d
DetachedOther

10 Mill Street W, Springwater

Total Monthly Obligation $3,626

HausQ Valuation Report
Beds
0
Baths
1
Park
2
Sqft
2000-2500
DOM
65d
Score
16
Yield
3.0%
Cash on Cash
-10.6%
Cap Rate
2.3%
5Y IRR
7.3%
10Y IRR
8.2%
Property Type-Detached
MLS® Number-S13698654
Beds-0
Bathrooms-1
Size-2000-2500 sqft
Lot Size-165 × 205 ft
Listed on site-Aug 19, 2026
Style-Other
Building Type-Detached
Taxes-$2,802 (2025)
Parking-2 - None
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-QUEENSWAY REAL ESTATE BROKERAGE INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick, Other
Roof-Shingles
Foundation-Unknown
Sewer-Septic
Possession-Immediate
Neighbourhood-Hillsdale
Title-Residential Freehold

No agent assigned

You Couldn't Buy A Semi Or Townhouse For This Money. It Makes A Great 2,300 Sq Ft Home Plus A 1,500 Sq Ft Basement Apartment. Or Purchase As An Investment For Many Retail Uses - Dynamic Rental Opportunity For A Retail Art Gallery, Convenience Store, Professional Office. Historic Setting Church On A 3/4 Acre Private Lot. Discover Space With Functional Charm On This Huge 165 X 208 Ft Lot! Won't Last! Simcoe Locale! Hire Your Architect/Interior Designer And Let Your Imagination Soar Within The Walls Of This Solidly Built Church (Circa 1889). Expansive, Bright, & Ethereal, Adorned With Many Original Details That Can Be Repurposed For A Myriad Of Uses! Loaded With Charm Inside And Out. They Don't Make Them Like This Anymore! Soaring Cathedral Ceilings, Exposed Detailed Trusses, Stained Glass Gothic Windows, Even The Original Finial Has Been Preserved!

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

Closing Costs

Mortgage Amount
$598,400
Land Transfer Taxes$11,435
Legal Fees (Est.)
$
Total cash required for closing$162,535

Total Monthly Obligation

$3,626/mo
Mortgage $3,017
Monthly Loss $2,832
Principal$794
Interest$2,223
Property Tax$234
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.6%0
5-Year IRR
4.1%9
10-Year IRR
6.1%
Returns Index
5.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$22,200/yr
NOI
$12,678/yr
Net Cash Flow
-$1,961/mo
Cash Margin
-106.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.353
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo44
Risk Index
21.6/ 100

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

Comparables

Properties near 10 Mill Street W

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.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.