18 Sallows Drive, Tay

$525,000
18 Sallows Drive

$525,000

New
15d
DetachedBungalow

18 Sallows Drive, Tay

Total Monthly Obligation $2,673

Beds
3
Baths
1
Park
5
Sqft
700-1100
DOM
15d
Score
23
Yield
5.7%
Cash on Cash
1.0%
Cap Rate
4.8%
5Y IRR
16.4%
10Y IRR
15.3%
Property Type-Detached
MLS® Number-S13881074
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-149 × 101 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$2,165 (2025)
Parking-6 - Detached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-RE/MAX Georgian Bay Realty Ltd
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Shingles
Foundation-Block
Sewer-Septic
Possession-TBA
Neighbourhood-Rural Tay
Title-Residential Freehold

No agent assigned

HERE'S WHY 18 SALLOW'S DRIVE COULD BE YOUR NEXT MOVE: UPDATED & MOVE-IN READY - A bright, renovated interior with an open-concept layout, vaulted ceiling, updated kitchen, flooring and bathroom. 2+ BEDROOM BUNGALOW - Easy one-level living with three bedrooms and a practical layout that makes great use of the space. BIG LOT, MORE SPACE - Set on a generous 149' x 101' lot with plenty of outdoor space to enjoy. DETACHED GARAGE - Extra room for parking, storage, hobbies or all the stuff you don't want taking over the house. QUIET TAY LOCATION - Tucked away on a quiet dead-end street with partial views of Georgian Bay, Tay Shore Trail and waterfront park close by and easy access to everything the area has to offer.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$420,000
Land Transfer Taxes$6,975
Legal Fees (Est.)
$
Total cash required for closing$113,475

Total Monthly Obligation

$2,673/mo
Mortgage $2,118
Monthly Loss $2,116
Principal$557
Interest$1,560
Property Tax$180
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.7%2
5-Year IRR
12.0%50
10-Year IRR
12.1%
Returns Index
25.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$29,796/yr
NOI
$20,151/yr
Net Cash Flow
-$438/mo
Cash Margin
-17.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
31.1/ 100

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

Comparables

Properties near 18 Sallows Drive

Time

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