15 Byers Street, Springwater

$1,869,888
15 Byers Street

$1,869,888

New
23d
DetachedBungalow

15 Byers Street, Springwater

Total Monthly Obligation $8,513

Beds
5
Baths
4
Park
6
Sqft
2000-2500
DOM
23d
Score
14
Yield
2.2%
Cash on Cash
-13.5%
Cap Rate
1.7%
5Y IRR
5.1%
10Y IRR
6.5%
Property Type-Detached
MLS® Number-S13845170
Beds-5
Bathrooms-4
Size-2000-2500 sqft
Lot Size-104.99 × 202.8 ft
Listed on site-Sep 30, 2026
Style-Bungalow
Building Type-Detached
Age-0-5
Taxes-$7,139.81 (2025)
Parking-9 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-LPT REALTY
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Brick
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBA
Neighbourhood-Snow Valley
Title-Residential Freehold

No agent assigned

Perfectly Located In One Of Springwater's Most Prestigious And Sought-after Neighbourhoods, This Stunning Modern Bungalow Offers Upscale Living With A Peaceful Country Feel-Just Minutes From Snow Valley Ski Resort, Vespra Hills Golf Club, And Barrie Hill Farms. Set Within A Quiet Enclave With No Through Streets, The Area Is Surrounded By Forest And Scenic Trails, Ideal For Hiking, Biking, And Daily Walks, All While Enjoying Minimal Traffic And Exceptional Privacy. From The Moment You Arrive, The Home's Striking Exterior Impresses With Contemporary Brickwork, Natural Wood Accents, And Professional Landscaping. A Covered Front Porch Provides A Welcoming Place To Relax, While The Expansive Driveway And A Triple Car Garage With A Car Lift Making Room For 4 Vehicles. Inside, The Bright Open-concept Layout Is Designed For Both Everyday Comfort And Entertaining. The Custom Kitchen Is A True Showpiece, Featuring Built-in Appliances, Sleek Cabinetry, A Large Centre Island With Seating, And Impressive Statement Lighting. Oversized Windows Flood The Space With Natural Light And Showcase Serene Views Of The Surrounding Greenery. The Living And Dining Areas Flow Seamlessly, Anchored By A Stunning Linear Gas Fireplace That Adds Warmth And Architectural Appeal. Hardwood Flooring Runs Throughout, Except in the Basement Bedrooms And Theatre Room, Which Are Comfortably Finished With Carpet. The Main Floor Offers Three Spacious Bedrooms And Three Full Bathrooms, Including A Tranquil Primary Suite With A Spa-inspired Ensuite Featuring A Freestanding Tub, Dual Vanity, And Modern Fixtures. The Fully Finished Basement Expands The Living Space With Two Additional Bedrooms, A Full Bathroom, A Dedicated Theatre Room, And A Wet Bar-ideal For Entertaining, Guests, Or Extended Family Living. Thoughtfully Designed Outdoor Spaces With Landscaped Lawns, Covered Seating, And Year-Round Privacy. A Perfect Blend Of Modern Style, Comfort, And Nature --- A Must-See Home You Won't Want To Miss.

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

Closing Costs

Mortgage Amount
$1,495,910
Land Transfer Taxes$33,873
Legal Fees (Est.)
$
Total cash required for closing$409,351

Total Monthly Obligation

$8,513/mo
Mortgage $7,543
Monthly Loss $6,528
Principal$1,985
Interest$5,558
Property Tax$595
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.4%9
Cash-on-Cash
-16.1%0
5-Year IRR
2.9%6
10-Year IRR
5.1%
Returns Index
4.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$41,400/yr
NOI
$25,620/yr
Net Cash Flow
-$5,408/mo
Cash Margin
-156.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.282
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo19
Risk Index
12.9/ 100

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

Comparables

Properties near 15 Byers Street

Time

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