4266 Canal Road, Severn

$245,000
4266 Canal Road

$245,000

New
63d
Detached1 Storey/Apt

4266 Canal Road, Severn

Total Monthly Obligation $1,378

HausQ Valuation Report
Beds
2
Baths
1
Park
6
Sqft
700-1100
DOM
63d
Score
79
Yield
12.6%
Cash on Cash
28.3%
Cap Rate
10.7%
5Y IRR
39.1%
10Y IRR
35.4%
Property Type-Detached
MLS® Number-S13700914
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-132 × 111 ft
Listed on site-Aug 21, 2026
Style-1 Storey/Apt
Building Type-Detached
Taxes-$2,278.9 (2025)
Parking-6 - Detached
Basement-None
Heating-Other (Electric)
Brokerage-SIMCOE HILLS REAL ESTATE INC.
Cooling-Window Unit(s)
Laundry-No
Fireplace-Propane
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Piers, Unknown
Sewer-Septic
Possession-Flexible
Neighbourhood-Washago
Title-Residential Freehold

No agent assigned

Escape to the water in this charming 2-bedroom, 1-bathroom cottage nestled on lease land in beautiful Washago. Enjoy direct waterfront on the Trent-Severn Waterway, offering the perfect setting for boating, fishing, swimming, and relaxing by the water. The cozy interior features warm wood finishes, vaulted ceilings, and large windows that fill the space with natural light while showcasing peaceful waterfront views. Outside, enjoy a spacious, beautifully maintained yard and expansive deck overlooking the water, ideal for morning coffee, summer gatherings, and unforgettable cottage days. A detached garage provides excellent space for storing your boat, cottage toys, and seasonal equipment. A wonderful opportunity to own an affordable waterfront getaway and enjoy everything cottage country has to offer! Current Parks Canada Land Lease amount is $11,854/year. Please note: This cottage is being sold strictly "as-is, where-is." It is a seasonal cottage with a maximum residency of 7 months per year and is not intended for year-round residential use. Short-term rentals and income-producing use are not permitted.

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

Closing Costs

Mortgage Amount
$196,000
Land Transfer Taxes$2,175
Legal Fees (Est.)
$
Total cash required for closing$52,675

Total Monthly Obligation

$1,553/mo
Mortgage $988
Monthly Loss $1,293
Principal$260
Interest$728
Property Tax$190
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
8.6%78
Cash-on-Cash
17.3%86
5-Year IRR
30.2%100
10-Year IRR
27.7%
Returns Index
89.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeA
79/ 100
Good•Buy

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,840/yr
NOI
$20,977/yr
Net Cash Flow
$760/mo
Cash Margin
29.6%95
Cash Flow Index
94.8/ 100
Risk Profile
Weight: 20%
DSCR
1.7789
LTV Ratio
80.0%18
Vacancy Buffer
5.9 mo91
Risk Index
66.1/ 100

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

Comparables

Properties near 4266 Canal Road

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.