3240 Goldstein Road, Severn

$619,000
3240 Goldstein Road

$619,000

New
29d
DetachedBungalow

3240 Goldstein Road, Severn

Total Monthly Obligation $3,123

Beds
3
Baths
1
Park
4
Sqft
1100-1500
DOM
29d
Score
18
Yield
4.3%
Cash on Cash
-5.5%
Cap Rate
3.4%
5Y IRR
11.3%
10Y IRR
11.2%
Property Type-Detached
MLS® Number-S13822234
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-49.21 × 149.3 ft
Listed on site-Sep 24, 2026
Style-Bungalow
Building Type-Detached
Age-16-30
Taxes-$3,008.51 (2026)
Parking-6 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX RIGHT MOVE
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-West Shore
Title-Residential Freehold

No agent assigned

Welcome to 3240 Goldstein Road, where pride of ownership, comfortable family living and everyday convenience come together. Located in Severn's established West Shore community, this clean and carefully maintained all-brick bungalow was built in 2007 and offers 1,286 square feet of bright, functional main-floor living space.The welcoming layout features three generously sized bedrooms with cozy carpeting and a well-appointed four-piece bathroom. Hardwood flooring adds warmth to the spacious living room, which is filled with natural light. The bright kitchen and dining area create an inviting heart of the home, with a walkout from the dining room to a large two-level rear deck-perfect for barbecuing, entertaining or relaxing outdoors.The full unfinished basement provides abundant storage and outstanding future potential. Create the family room, home office, gym, games room or additional living space that best suits your needs. Outside, the deep 49ft by 149ft lot offers plenty of room to enjoy, while the double attached garage and four-car driveway provide parking for up to six vehicles. Municipal water and sewer provide added convenience, while quick access to Highway 11 north and south makes commuting simple. Lake Couchiching is just down the road, with Orillia's shopping, dining and everyday amenities only 15 minutes away. Move-in ready, exceptionally well cared for and situated in a welcoming neighbourhood, this is a wonderful place to put down roots and create lasting family memories.

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

Closing Costs

Mortgage Amount
$495,200
Land Transfer Taxes$8,855
Legal Fees (Est.)
$
Total cash required for closing$134,155

Total Monthly Obligation

$3,123/mo
Mortgage $2,497
Monthly Loss $2,466
Principal$657
Interest$1,840
Property Tax$251
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.3%1
5-Year IRR
7.5%21
10-Year IRR
8.7%
Returns Index
11.6/ 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
$26,400/yr
NOI
$16,251/yr
Net Cash Flow
-$1,143/mo
Cash Margin
-51.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo52
Risk Index
25.2/ 100

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

Comparables

Properties near 3240 Goldstein 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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

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

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.