231 Superior Street, Clearview

$468,000
231 Superior Street

$468,000

New
7d
DetachedBungalow

231 Superior Street, Clearview

Total Monthly Obligation $2,423

Beds
2
Baths
1
Park
4
Sqft
700-1100
DOM
7d
Score
22
Yield
5.4%
Cash on Cash
-0.6%
Cap Rate
4.5%
5Y IRR
15.1%
10Y IRR
14.3%
Property Type-Detached
MLS® Number-S14085392
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-66.53 × 158.2 ft
Listed on site-Oct 16, 2026
Style-Bungalow
Building Type-Detached
Taxes-$1,927 (2025)
Parking-5 - Detached
Basement-Crawl Space, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX Four Seasons Realty Limited
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Wood
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Stayner
Title-Residential Freehold

No agent assigned

Check out this very affordable, charming 2-bedroom, 1-bath home in the heart of Stayner, situated on a HUGE 66 x 158 ft lot! This inviting bungalow offers a a comfortable living space-perfect for retirees, down sizing, first-time buyers, single professionals, or families looking to enter the real estate market. Move-in ready and thoughtfully updated, this home features a functional layout, a single-car garage (19.7 X 10 ft), large shed (13.11 X 8.1 ft) and a spacious deck (12.10 X 16 ft ~2023), ideal for relaxing or entertaining. Numerous upgrades include new flooring, carpet, trim, fresh neutral paint, an updated kitchen countertop and sink. Located in a vibrant, family-friendly neighbourhood, you'll enjoy walking distance to trails, parks, the community pool, playground, curling club, and Stayner's charming Main Street. Conveniently located just 15 minutes from historic downtown Collingwood and the world's longest freshwater beach at Wasaga Beach, and only 30 minutes to Barrie and Blue Mountain Village. Plus, a Costco to open nearby in 2026, adding even more convenience to this desirable location. This is a rare opportunity offering stylish updates, thoughtful design, and exceptional lifestyle. Live your best life in Southern Georgian Bay, where four-season recreation awaits with skiing, championship golf courses, spectacular beach sunsets, hiking, festivals, art, culture, and so much more!

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

Closing Costs

Mortgage Amount
$374,400
Land Transfer Taxes$5,835
Legal Fees (Est.)
$
Total cash required for closing$100,935

Total Monthly Obligation

$2,423/mo
Mortgage $1,888
Monthly Loss $1,927
Principal$497
Interest$1,391
Property Tax$161
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.5%2
5-Year IRR
10.5%39
10-Year IRR
11.0%
Returns Index
20.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$25,068/yr
NOI
$16,134/yr
Net Cash Flow
-$543/mo
Cash Margin
-26.0%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo68
Risk Index
32.3/ 100

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

Comparables

Properties near 231 Superior Street

Time

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Data last updated within the past 24 hours.