131 Homewood Avenue, Trent Hills

$645,000
131 Homewood Avenue

$645,000

New
52d
DetachedBungalow

131 Homewood Avenue, Trent Hills

Total Monthly Obligation $3,306

HausQ Valuation Report
Beds
3
Baths
2
Park
3
Sqft
700-1100
DOM
52d
Score
17
Yield
4.1%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.5%
Property Type-Detached
MLS® Number-X13735650
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-27 × 130 ft
Listed on site-Sep 1, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,947 (2025)
Parking-3 - None
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-Century 21 United Realty Inc.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Hardboard, Vinyl Siding
Roof-Metal
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Hastings
Title-Residential Freehold

No agent assigned

AMAZING WATERFRONT PROPERTY IN HASTINGS. THE LOCATION IS SECOND TO NONE, ON A DEAD END STREET WITH MANY NEW PLACES AND LOVELY WATERFRONT PROPERTIES. IT'S JUST A STONES THROW TO THE VILLAGE MARINA, SPORTS DOME AND TRANS CANADA TRAIL. ALSO A SHORT WALK TO THE DOWNTOWN WITH ITS MANY RESTAURANTS AND SHOPS. THE MAIN HOUSE/COTTAGE HAS 3 BEDROOMS AND 2 BATHROOMS, AN OPEN CONCEPT LIVING AREA WITH THE KITCHEN BEING IN THE CENTER. THE FAMILY ROOM HAS TWO LARGE PICTURE WINDOWS GIVING YOU WONDERFUL VIEWS OF THE WATER. THE SECONDARY UNIT OR BUNKIE IS SELF CONTAINED WITH ITS OWN BEDROOM, LIVING ROOM WITH A WOOD STOVE, BATHROOM AND KITCHEN, WHICH IS PERFECT FOR GUEST OR FAMILY MEMBERS WHO WISH TO HAVE THEIR OWN PRIVATE AREA. THE WATERFRONT ITSELF IS EXCELLENT, GREAT FOR SWIMMING, HAS A CONCRETE CORE WALL, LARGE DOCK, WET BOATHOUSE AND PICTURESQUE VIEWS OF THE VILLAGE WHICH YOU CAN ENJOY FOR HOURS. THIS IS A VERY SOUGHT AFTER AREA.

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

Closing Costs

Mortgage Amount
$516,000
Land Transfer Taxes$9,375
Legal Fees (Est.)
$
Total cash required for closing$139,875

Total Monthly Obligation

$3,306/mo
Mortgage $2,602
Monthly Loss $2,621
Principal$685
Interest$1,917
Property Tax$329
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.3%0
5-Year IRR
6.8%17
10-Year IRR
8.1%
Returns Index
10.0/ 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
$26,700/yr
NOI
$15,583/yr
Net Cash Flow
-$1,303/mo
Cash Margin
-58.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo49
Risk Index
23.8/ 100

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

Comparables

Properties near 131 Homewood Avenue

Time

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Data last updated within the past 24 hours.