22 Grew Crescent, Penetanguishene

$699,900
22 Grew Crescent

$699,900

New
17d
DetachedBungalow

22 Grew Crescent, Penetanguishene

Total Monthly Obligation $3,570

Beds
3
Baths
2
Park
1
Sqft
1100-1500
DOM
17d
Score
16
Yield
3.4%
Cash on Cash
-9.8%
Cap Rate
2.5%
5Y IRR
7.9%
10Y IRR
8.6%
Property Type-Detached
MLS® Number-S13867494
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Listed on site-Oct 6, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,462 (2025)
Parking-2 - Attached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-Keller Williams Experience Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Board & Batten , Wood
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-Penetanguishene
Title-Residential Freehold

No agent assigned

Adult lifestyle community in Penetanguishene, this impeccably well-maintained bungalow offers the kind of simplicity and comfort that's getting harder to find - Main floor living, with nothing wasted and everything in its place.Step inside to an open-concept layout that feels bright, welcoming, and built for connection. The kitchen anchors the space with a centre island perfect for casual meals or entertaining, flowing seamlessly into the great room so you're always part of the conversation. The primary suite offers a quiet sizable retreat, complete with a walk-in closet and private 3-piece ensuite. A second bedroom PLUS a versatile den/office gives you flexibility for guests, hobbies, or working from home - all supported by the convenience of main floor laundry.Walk out to the covered back deck and enjoy your own outdoor space, ideal for morning coffee or winding down at the end of the day. Add in forced air gas heating, central A/C, and an attached garage with inside entry, and you've got a home that checks every box for comfort and practicality. Located just minutes from the waterfront, marinas, and everyday amenities, this is low-maintenance living in a community designed for ease. Adult lifestyle community Land Lease with Parkbridge Close to Georgian Bay, trails, and town amenities

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,570/mo
Mortgage $2,823
Monthly Loss $2,827
Principal$743
Interest$2,080
Property Tax$372
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.1%0
5-Year IRR
4.6%10
10-Year IRR
6.5%
Returns Index
6.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$24,000/yr
NOI
$12,638/yr
Net Cash Flow
-$1,770/mo
Cash Margin
-88.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
2.7 mo45
Risk Index
21.9/ 100

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

Comparables

Properties near 22 Grew Crescent

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.