37 Rugman Crescent, Springwater

$1,250,000
37 Rugman Crescent

$1,250,000

New
31d
Detached2-Storey

37 Rugman Crescent, Springwater

Total Monthly Obligation $5,951

Beds
4
Baths
5
Park
4
Sqft
3000-3500
DOM
31d
Score
15
Yield
3.4%
Cash on Cash
-9.0%
Cap Rate
2.6%
5Y IRR
8.5%
10Y IRR
9.1%
Property Type-Detached
MLS® Number-S13813718
Beds-4
Bathrooms-5
Size-3000-3500 sqft
Lot Size-47.24 × 164.7 ft
Listed on site-Sep 22, 2026
Style-2-Storey
Building Type-Detached
Taxes-$6,411 (2026)
Parking-6 - Built-In
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-FOREST HILL REAL ESTATE INC.
Cooling-Central Air
Laundry-No
Fireplace-Family Room
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Brick
Sewer-Sewer
Possession-60 Days
Neighbourhood-Centre Vespra
Title-Residential Freehold

No agent assigned

Impressive property nestled in the family-friendly community in Springwater, just minutes from the north end of Barrie and only 8 minutes to Highway 400. This stunning all-brick home offers the perfect blend of tranquility and convenience, with exceptional curb appeal and abundance of natural light through The Main Floor Features A Bright Open-Concept Layout Designed For Modern Living. A Welcoming Family Room With A Cozy Fireplace & Hardwood Flooring Creates The Perfect Gathering Space. The Eat-In Kitchen Is Equipped With Stainless Steel Appliances And Flows Seamlessly Into The Breakfast Area With A Walk-Out To The Backyard. A Separate Dining Room, A Main Floor Office, And A Bright Laundry Room Add Functionality & Comfort. Quality Finishes Include Tile And Hardwood Floors. Upstairs Offers Four Spacious Bedrooms. The Huge Primary Bedroom Features A Luxurious 5-PieceEnsuite And A Walk-In Closet. The Second Bedroom Includes Its Own 4-Piece Ensuite And Closet. The Third And Fourth Bedrooms Share A Semi-Ensuite 4-Piece Bath And Each Offers Ample Closet Space And Natural Light. The Finished Basement Expands Your Living Space With A Recreation Room That Can Easily Be Converted Into An In-Law Suite. It Includes An Additional Kitchen Complete With Fridge And Dishwasher, A Sauna, & A 3-Piece Bathroom - Ideal For Extended Family Or Guests & Entertainment. Step outside to a massive 20' x 40' deck overlooking a huge, pool-sized backyard. Enjoy front-yard privacy with no neighbors in front and spectacular sunrise and sunset views. The backyard also features a garden shed, 8' high fences on both sides for added privacy, and an extra-wide side gate for convenient separate access Additional Highlights Include An Extra-Deep 20Ft Garage With Space To Store A Boat. Parking For Up To 6 Cars. Communication Wiring In The Living Area For A Home Cinema Setup, Abundant Natura Light Throughout The Home, And A Highly Functional, Family-Friendly Layout Designed For Comfortable Everyday Living.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,000,000
Land Transfer Taxes$21,475
Legal Fees (Est.)
$
Total cash required for closing$272,975

Total Monthly Obligation

$5,951/mo
Mortgage $5,042
Monthly Loss $4,625
Principal$1,327
Interest$3,715
Property Tax$534
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.4%0
5-Year IRR
5.8%14
10-Year IRR
7.3%
Returns Index
8.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$42,240/yr
NOI
$27,105/yr
Net Cash Flow
-$2,783/mo
Cash Margin
-79.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
15.7/ 100

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

Comparables

Properties near 37 Rugman Crescent

Time

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