2889 Fairgrounds Road S, Clearview

$749,900
2889 Fairgrounds Road S

$749,900

New
53d
DetachedBungalow

2889 Fairgrounds Road S, Clearview

Total Monthly Obligation $3,836

Beds
5
Baths
3
Park
4
Sqft
1500-2000
DOM
53d
Yield
4.1%
Cash on Cash
-7.1%
Cap Rate
3.1%
5Y IRR
10.0%
10Y IRR
10.2%
Property Type-Detached
MLS® Number-S13727268
Beds-5
Bathrooms-3
Size-1500-2000 sqft
Lot Size-75.01 × 124.79 ft
Listed on site-Aug 31, 2026
Style-Bungalow
Building Type-Detached
Age-31-50
Taxes-$5,239.3 (2026)
Parking-5 - Attached
Basement-Full, Separate Entrance, Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas, Living Room, Wood
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Creemore
Title-Residential Freehold

No agent assigned

AN UPDATED BUNGALOW, A LONG LIST OF IMPROVEMENTS & ALL THE CHARM OF SMALL-TOWN LIVING! Trade the weekend chore list for pastry runs into Creemore and a pint at Creemore Springs, then come home to a bungalow where so much of the updating has already been done. The recently painted blue exterior sits behind mature trees and professionally landscaped gardens, with a covered front porch adding to its village charm. Improvements include newer windows, recent interior paint, updated lower-level vinyl flooring, updated kitchen appliances and hardware, an extended deck and resealed driveway. Nearly 2,900 sq. ft. of finished living space carries hardwood floors, crown moulding and stained-glass details throughout the main level. The kitchen features granite counters, a large island with seating, white cabinetry and stainless steel appliances, while the adjoining dining room opens through double garden doors to the rear deck. Custom cabinetry and open shelving frame the beautifully rebricked fireplace in the living room. The main-floor primary bedroom features a double closet and 3-piece ensuite, while a separate 4-piece bath includes a freestanding clawfoot tub and separate shower. A ramped entrance and wheelchair-accessible main level make one-level living an option, while the finished lower level adds three bedrooms, including one with two double closets, a full bath and a separate entrance. The 75 x 124 ft lot continues the story at the back, where a large covered porch opens to the extended deck with a gas BBQ hookup, overlooking a generous yard framed by mature trees. Beyond home, Creemore is easy to fall for, with Mill Street shops and cafés, Creemore Springs Brewery, year-round community events and rolling countryside all around.

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Closing Costs

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

Total Monthly Obligation

$3,836/mo
Mortgage $3,025
Monthly Loss $3,041
Principal$796
Interest$2,229
Property Tax$437
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 2889 Fairgrounds Road S

Time

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