23 Maple Street, St. Thomas

$435,000
23 Maple Street

$435,000

New
25d
Detached1 1/2 Storey

23 Maple Street, St. Thomas

Total Monthly Obligation $2,319

Beds
3
Baths
2
Park
2
Sqft
1100-1500
DOM
25d
Score
19
Yield
4.3%
Cash on Cash
-5.8%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Detached
MLS® Number-X13833716
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-32 × 120 ft
Listed on site-Sep 28, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-100+
Taxes-$2,273 (2025)
Parking-2 - None
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-SAKER REALTY CORPORATION
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-90+ days
Neighbourhood-St. Thomas
Title-Residential Freehold

No agent assigned

You won't miss this one driving by! This gorgeous vinyl-wrapped 1.5-storey home is loaded with curb appeal, featuring a charming covered front porch and updates throughout. Step inside and the tone is set immediately with soaring 9-foot ceilings, a seamless main-floor layout and stylish finishes everywhere you look. The welcoming mudroom area features beautiful wainscoting with hooks for coats and bags. Just off the entry, the cozy living room is filled with natural light from a large bay window and showcases some of the many updates found throughout the home. Continue into the spacious dining room, anchored by a black chandelier with Edison bulb lighting and offering plenty of room to host Thanksgiving, Christmas and large family dinners. The main floor also features a massive primary bedroom complete with its own ensuite. The bright white kitchen is packed with character, featuring gorgeous glass-front cabinetry, zellige-style subway tile backsplash and contrasting black fixtures. Upstairs, you'll find two additional bedrooms, including an impressively oversized room that could easily serve as another primary bedroom, along with a second full bathroom. Out back is where this home really shines. Step onto the massive covered porch finished with beautiful pine ceilings and enough space for both outdoor lounging and grilling. From there, head down into the fenced in backyard surrounded by manicured greenery and complete with a firepit and large garden shed for additional storage. It's not just the cosmetics that have been updated, the major mechanicals have received attention too, including a new furnace (2025), hot water tank (2021) and 100-amp breaker panel. Packed with character, thoughtful updates and a great outdoor space, this is an excellent opportunity for anyone looking to make their move into the market. Call TODAY!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$348,000
Land Transfer Taxes$5,175
Legal Fees (Est.)
$
Total cash required for closing$93,675

Total Monthly Obligation

$2,319/mo
Mortgage $1,755
Monthly Loss $1,857
Principal$462
Interest$1,293
Property Tax$189
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.3%14
Cash-on-Cash
-11.6%0
5-Year IRR
6.5%16
10-Year IRR
8.0%
Returns Index
9.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$18,840/yr
NOI
$10,183/yr
Net Cash Flow
-$906/mo
Cash Margin
-57.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.484
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo72
Risk Index
31.5/ 100

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

Comparables

Properties near 23 Maple Street

Time

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