245589 22nd Side Road, Meaford

$899,000
245589 22nd Side Road

$899,000

New
16d
Detached2-Storey

245589 22nd Side Road, Meaford

Total Monthly Obligation $4,498

Beds
3
Baths
3
Park
5
Sqft
2000-2500
DOM
16d
Score
15
Yield
3.3%
Cash on Cash
-10.1%
Cap Rate
2.4%
5Y IRR
7.6%
10Y IRR
8.4%
Property Type-Detached
MLS® Number-X13874448
Beds-3
Bathrooms-3
Size-2000-2500 sqft
Lot Size-205 × 250 ft
Listed on site-Oct 7, 2026
Style-2-Storey
Building Type-Detached
Age-16-30
Taxes-$5,960 (2025)
Parking-5 - None
Basement-Full, Unfinished
Heating-Radiant (Propane)
Brokerage-Real Broker Ontario Ltd.
Cooling-None
Laundry-No
Fireplace-Wood
Pool-None
Facing-North
Exterior-Wood
Roof-Metal
Foundation-Poured Concrete
Sewer-Septic
Possession-60-89 days
Neighbourhood-Meaford
Title-Residential Freehold

No agent assigned

Custom built with a high level of craftsmanship, this three-bedroom, three-bathroom home sits on just over an acre of private, forested land only five minutes from Meaford. Set well back from the road and surrounded by mature trees, the home was designed to make the forest part of the experience. Vaulted ceilings and a wall of windows fill the main living space with natural light and frame the forest views, while an impressive natural stone fireplace anchors the room and creates the perfect spot to curl up on winter days. The kitchen features quartz countertops and a large island with a butcher block countertop, opening to the living and dining spaces. With the primary suite and laundry on the main floor, the home offers the ease of one-floor living. Upstairs, two additional bedrooms and a spacious loft provide room for family and guests, with the loft offering a flexible family room, office or bonus space. A wraparound deck extends the living space outdoors, surrounded by mature forest, privacy and wildlife in every season. The lower level offers even more potential with 9-foot ceilings, large windows and a three-piece bathroom rough-in. Finish it for additional living space or continue using it as a spacious workshop. And while it feels wonderfully private, the location keeps you connected. Downtown Meaford is just five minutes away, Georgian Bay is down the road, and the Tom Thomson Trail is steps from the property.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,498/mo
Mortgage $3,626
Monthly Loss $3,544
Principal$954
Interest$2,672
Property Tax$497
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.0%0
5-Year IRR
4.7%10
10-Year IRR
6.5%
Returns Index
6.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$30,000/yr
NOI
$16,540/yr
Net Cash Flow
-$2,248/mo
Cash Margin
-89.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo34
Risk Index
18.4/ 100

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

Comparables

Properties near 245589 22nd Side Road

Time

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