288 Lafontaine Road W, Tiny

$624,999
288 Lafontaine Road W

$624,999

New
28d
DetachedBungalow

288 Lafontaine Road W, Tiny

Total Monthly Obligation $3,050

Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
28d
Score
19
Yield
4.4%
Cash on Cash
-3.7%
Cap Rate
3.8%
5Y IRR
12.6%
10Y IRR
12.3%
Property Type-Detached
MLS® Number-S13829934
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-80 × 204.5 ft
Listed on site-Sep 25, 2026
Style-Bungalow
Building Type-Detached
Taxes-$1,847 (2026)
Parking-5 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-Royal LePage In Touch Realty
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Septic
Possession-flexible
Neighbourhood-Lafontaine
Title-Residential Freehold

No agent assigned

Set on a generous 80' x 204' country lot, this all-brick bungalow offers comfortable living space both inside and out, right in the heart of Lafontaine. The main level features three bedrooms, a 5 piece bathroom, and a spacious living room with a bay window and gas fireplace. The recently renovated lower level adds valuable living space with a comfortable rec room with gas fireplace, a fourth bedroom, and a 3pc bathroom with tiled shower. Outside, enjoy the fully fenced yard, a new back deck added in 2025 complete with a gas BBQ hookup, a large covered front porch, attached garage and paved driveway. Practical features include forced-air gas heating, central air conditioning, a Generac generator, and a water softener and filtration system. Located within walking distance of local shops, the park and school, with additional shopping and everyday essentials a short drive away in Penetanguishene and Midland. The area offers easy access to Tiny Township beaches and the many recreational opportunities of Georgian Bay. Explore nearby living history attractions, enjoy live theatre, or take in the area's restaurants and other local amenities. With four season recreation and year-round activities close by, this is a great place to enjoy the area in every season, all within approximately 90 minutes of the GTA.

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

Closing Costs

Mortgage Amount
$499,999
Land Transfer Taxes$8,975
Legal Fees (Est.)
$
Total cash required for closing$135,475

Total Monthly Obligation

$3,050/mo
Mortgage $2,521
Monthly Loss $2,387
Principal$663
Interest$1,858
Property Tax$154
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.6%1
5-Year IRR
8.8%28
10-Year IRR
9.6%
Returns Index
15.1/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$27,804/yr
NOI
$18,677/yr
Net Cash Flow
-$965/mo
Cash Margin
-41.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.627
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo53
Risk Index
26.3/ 100

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

Comparables

Properties near 288 Lafontaine Road W

Time

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