71 Edward Street, Penetanguishene

$589,900
71 Edward Street

$589,900

New
16d
DetachedBungalow

71 Edward Street, Penetanguishene

Total Monthly Obligation $3,074

HausQ Valuation Report
Beds
3
Baths
3
Park
4
Sqft
1100-1500
DOM
16d
Score
18
Yield
4.7%
Cash on Cash
-4.4%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.8%
Property Type-Detached
MLS® Number-S13873314
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-72.36 × 129.36 ft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Detached
Taxes-$3,838 (2025)
Parking-4 - None
Basement-Full, Walk-Out
Heating-Forced Air (Gas)
Brokerage-Team Hawke Realty
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Penetanguishene
Title-Residential Freehold

No agent assigned

Welcome to this well-cared-for 3-bedroom, 3-bathroom home offering a flexible layout in a convenient Penetanguishene location. The upper level features two bedrooms, including a primary bedroom with a private ensuite, hardwood flooring throughout, crown moulding and sculptured ceilings in the living room, and a gas fireplace in the family room for added comfort. The lower level includes a legal 1-bedroom apartment completed in 2018, with its own private entrance, dedicated parking, and a second gas fireplace, making it a great option for extended family, guests, or additional living space. The home has seen many improvements in recent years, including newer appliances, a furnace replaced in 2021, and a roof completed in 2020. Located within walking distance to shops, services, parks, and other local amenities, this property offers a practical combination of comfort, updates, and versatility.

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

Closing Costs

Mortgage Amount
$471,920
Land Transfer Taxes$8,273
Legal Fees (Est.)
$
Total cash required for closing$127,753

Total Monthly Obligation

$3,074/mo
Mortgage $2,379
Monthly Loss $2,448
Principal$626
Interest$1,753
Property Tax$320
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.5%1
5-Year IRR
8.2%24
10-Year IRR
9.2%
Returns Index
13.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$16,502/yr
Net Cash Flow
-$1,004/mo
Cash Margin
-43.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
3.1 mo53
Risk Index
25.8/ 100

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

Comparables

Properties near 71 Edward Street

Time

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