371 William Street, Tay

$459,900
371 William Street

$459,900

New
28d
Detached2-Storey

371 William Street, Tay

Total Monthly Obligation $2,351

Beds
2
Baths
1
Park
4
Sqft
1100-1500
DOM
28d
Score
26
Yield
6.3%
Cash on Cash
4.0%
Cap Rate
5.4%
5Y IRR
18.8%
10Y IRR
17.2%
Property Type-Detached
MLS® Number-S13828834
Beds-2
Bathrooms-1
Size-1100-1500 sqft
Lot Size-37 × 212 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$1,456 (2025)
Parking-4 - None
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-RE/MAX REAL ESTATE CENTRE INC.
Cooling-Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Wood
Roof-Metal
Foundation-Concrete Block
Sewer-Sewer
Possession-30-59 days
Neighbourhood-Victoria Harbour
Title-Residential Freehold

No agent assigned

Lakeside Charm Meets an Ultimate Private Backyard Oasis in Victoria Harbour! Welcome to 371 William Street, a captivating detached home offering the perfect blend of coastal inspired character and resort style outdoor living. Nestled in the highly sought after lakeside village of Victoria Harbour within Tay Township. This property is ideally located steps from the crystal clear waters of Georgian Bay, local marinas, parks, and the beautiful, paved Tay Shore Trail, perfect for miles of scenic walking, running, or cycling. Embrace a relaxed lifestyle in a warm, welcoming community that feels like a year round vacation, all while being just a short drive from everyday amenities in Midland and easy access to Highway 12. A Show-Stopping Outdoor Entertaining Terrace, Step out back into a masterfully designed, multi-tiered stone patio. This premium outdoor living space features a beautifully integrated, hot tub area and a spacious layout tailored for summer BBQs, lounge sets, and stargazing under the clear northern skies. An Exceptionally Deep, Premium Fenced Lot, Extending an impressive 212 feet deep, the massive backyard provides unparalleled privacy and space. Bordered by a backdrop of mature, lush trees, this sprawling green yard features a bunkie house, veggie garden, plenty of room for kids and pets to safely play, and a handy storage shed. Incredible Character, Charm & Curb Appeal, from the rich, rustic wood siding and pristine white accents to the charming front porch and a deep, multi vehicle driveway, this home exudes a timeless, welcoming warmth. The property is equipped with beautiful exterior lighting that makes it look absolutely magical at twilight.Whether you are looking for a peaceful full-time residence, a low-maintenance home to downsize into, or an ideal weekend retreat near the bay, 371 William Street offers a rare lifestyle opportunity you won't want to miss!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$367,920
Land Transfer Taxes$5,673
Legal Fees (Est.)
$
Total cash required for closing$99,153

Total Monthly Obligation

$2,351/mo
Mortgage $1,855
Monthly Loss $1,863
Principal$488
Interest$1,367
Property Tax$121
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-2.3%4
5-Year IRR
13.9%64
10-Year IRR
13.7%
Returns Index
33.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$28,872/yr
NOI
$20,029/yr
Net Cash Flow
-$186/mo
Cash Margin
-7.7%1
Cash Flow Index
1.0/ 100
Risk Profile
Weight: 20%
DSCR
0.9020
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo70
Risk Index
35.9/ 100

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

Comparables

Properties near 371 William Street

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.