85 Mill Street, Deseronto

$369,900
85 Mill Street

$369,900

New
42d
Detached1 1/2 Storey

85 Mill Street, Deseronto

Total Monthly Obligation $2,090

HausQ Valuation Report
Beds
3
Baths
2
Park
2
Sqft
1500-2000
DOM
42d
Score
73
Yield
10.5%
Cash on Cash
21.0%
Cap Rate
9.1%
5Y IRR
32.8%
10Y IRR
29.5%
Property Type-Detached
MLS® Number-X13780304
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-38.02 × 131 ft
Listed on site-Sep 11, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$2,672.53 (2026)
Parking-2 - None
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-EXIT REALTY ACCELERATION REAL ESTATE, BROKERAGE
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle, Metal
Foundation-Stone
Sewer-Sewer
Possession-Early December
Neighbourhood-Deseronto (Town)
Title-Residential Freehold

No agent assigned

Welcome to this 3-bedroom, 1.5-bathroom storey-and-a-half home, offering an excellent opportunity for first-time buyers or those looking for comfortable, affordable living. The spacious main floor provides plenty of room for everyday living, with a bonus living room that could also be used as a main-floor bedroom, home office or additional flex space. Upstairs, you'll find three bedrooms and a convenient half bath. Step outside to enjoy your own backyard, with a fire pit providing the perfect spot to relax and unwind on summer evenings. Located within walking distance of the downtown area, you'll have easy access to shops, parks, the public school and other amenities. Recent updates include a new gas furnace in 2025 and a newly shingled roof in 2022. A great opportunity to get into the market and make this home your own!

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

Closing Costs

Mortgage Amount
$295,920
Land Transfer Taxes$4,024
Legal Fees (Est.)
$
Total cash required for closing$79,504

Total Monthly Obligation

$2,090/mo
Mortgage $1,492
Monthly Loss $1,697
Principal$393
Interest$1,099
Property Tax$223
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
7.6%68
Cash-on-Cash
12.6%66
5-Year IRR
26.1%99
10-Year IRR
24.0%
Returns Index
79.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeA
73/ 100
Good•Buy

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$39,000/yr
NOI
$27,927/yr
Net Cash Flow
$835/mo
Cash Margin
25.7%89
Cash Flow Index
89.5/ 100
Risk Profile
Weight: 20%
DSCR
1.5678
LTV Ratio
80.0%18
Vacancy Buffer
4.4 mo76
Risk Index
57.3/ 100

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

Comparables

Properties near 85 Mill Street

Time

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