267 Spruce Street, Clearview

$670,000
267 Spruce Street

$670,000

Price Change
23d
DetachedBungalow-Raised

267 Spruce Street, Clearview

Total Monthly Obligation $3,403

Beds
4
Baths
3
Park
2
Sqft
1100-1500
DOM
23d
Score
17
Yield
4.1%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.5%
10Y IRR
10.6%
Property Type-Detached
MLS® Number-S13845490
Beds-4
Bathrooms-3
Size-1100-1500 sqft
Lot Size-50.85 × 131.23 ft
Listed on site-Sep 30, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-16-30
Taxes-$3,909.73 (2026)
Parking-3 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX Four Seasons Realty Limited
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Stayner
Title-Residential Freehold

No agent assigned

Welcome to 267 Spruce Street in the Villages of Stayner! This versatile home features two separate living areas with kitchens and a fully fenced backyard, offering an excellent setup for families, dog lovers, and extended family or those seeking in-law suite potential. The main level offers inside entry from the 1.5-car garage, a living room, eat-in kitchen, primary bedroom with ensuite, two additional bedrooms and a 4-piece bathroom. Recent updates include new kitchen countertops and range hood. A new furnace, AC unit and hot water heater are also under contract, with the seller willing to buy out the contracts. The lower level includes a bedroom, spacious living room, separate den, kitchen/laundry area and 3-piece bathroom, providing a comfortable and private space for family or guests. A walk-in closet and ample crawl-space storage add convenience. The backyard features a new deck, established greenery and cherry trees, creating a private outdoor space for relaxing and entertaining. Ideally located near the community centre, arena and library, with downtown Stayner's restaurants and shops just over a 15-minute walk away. The upper level is ready for some TLC and offers an opportunity to add your own finishing touches and personal style. 267 Spruce Street offers plenty of options for buyers looking for a home that can adapt to their needs.

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

Mortgage Amount
$536,000
Land Transfer Taxes$9,875
Legal Fees (Est.)
$
Total cash required for closing$145,375

Total Monthly Obligation

$3,403/mo
Mortgage $2,703
Monthly Loss $2,692
Principal$711
Interest$1,991
Property Tax$326
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.1%1
5-Year IRR
6.9%18
10-Year IRR
8.2%
Returns Index
10.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$27,600/yr
NOI
$16,430/yr
Net Cash Flow
-$1,333/mo
Cash Margin
-58.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo47
Risk Index
23.3/ 100

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

Comparables

Properties near 267 Spruce Street

Time

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