573 Bricker Street, Saugeen Shores

$499,000
573 Bricker Street

$499,000

New
30d
Detached1 1/2 Storey

573 Bricker Street, Saugeen Shores

Total Monthly Obligation $2,600

Beds
3
Baths
3
Park
4
Sqft
1100-1500
DOM
30d
Score
27
Yield
6.7%
Cash on Cash
5.3%
Cap Rate
5.7%
5Y IRR
19.8%
10Y IRR
18.1%
Property Type-Detached
MLS® Number-X13818656
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-66 × 99 ft
Listed on site-Sep 23, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$2,541 (2026)
Parking-5 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX Four Seasons Realty Limited
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Insulbrick, Brick
Roof-Shingles
Foundation-Stone, Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Saugeen Shores
Title-Residential Freehold

No agent assigned

Stunning corner lot adds to the charm of this character home. A fine yellow brick home with a fenced yard and multiple storage sheds. Ample parking space lends itself to many ideas for this home, either keep it as a residential home, or perhaps turn it into a thriving home-based business. On the main level, there is a full eat-in kitchen with a beautiful gas freestanding fireplace for ambiance. Off of the kitchen is a great storage space, along with access to the garage. On the far side of the kitchen is a side access to the covered porch and deck for that easy BBQ time! The main floor also holds a spacious living room, 2 pc powder room and a lovely main floor primary bedroom, with a large ensuite. Upstairs is where you find 2 large bedrooms, a 4 piece bath with separate shower and clawfoot tub, along with a useable balcony for the morning coffee/tea time. The owner has also made the basement aesthetically pleasing with wooden walls. Enjoy as a workout room, or even an office. Be sure to watch the FULL walkthrough tour presented by the local Saugeen Shores listing agent.

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

Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$2,600/mo
Mortgage $2,013
Monthly Loss $2,070
Principal$530
Interest$1,483
Property Tax$212
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.6%34
Cash-on-Cash
-0.9%6
5-Year IRR
15.0%71
10-Year IRR
14.6%
Returns Index
37.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$33,600/yr
NOI
$23,199/yr
Net Cash Flow
-$80/mo
Cash Margin
-2.8%3
Cash Flow Index
2.7/ 100
Risk Profile
Weight: 20%
DSCR
0.9624
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo63
Risk Index
35.0/ 100

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

Comparables

Properties near 573 Bricker Street

Time

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