56 Sanders Street E, South Huron

$509,999
56 Sanders Street E

$509,999

New
16d
DetachedBungaloft

56 Sanders Street E, South Huron

Total Monthly Obligation $2,660

Beds
2
Baths
1
Park
2
Sqft
1100-1500
DOM
16d
Score
17
Yield
3.8%
Cash on Cash
-8.2%
Cap Rate
2.8%
5Y IRR
9.1%
10Y IRR
9.6%
Property Type-Detached
MLS® Number-X13875672
Beds-2
Bathrooms-1
Size-1100-1500 sqft
Lot Size-83 × 53.8 ft
Listed on site-Oct 7, 2026
Style-Bungaloft
Building Type-Detached
Age-51-99
Taxes-$2,732 (2025)
Parking-3 - Attached
Basement-Crawl Space
Heating-Radiant (Other)
Brokerage-Benchmark Real Estate Services Canada Inc.
Cooling-Window Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Stone, Vinyl Siding
Roof-Shingles
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Exeter
Title-Residential Freehold

No agent assigned

Welcome to easy, comfortable living in the heart of Exeter! This well-maintained 1,454 sq. ft. bungaloft style home offers the convenience of true main-floor living, making it an ideal choice for retirees, downsizers, or anyone looking to enjoy a simpler lifestyle without sacrificing space. Featuring 2 bedrooms and 1 bathroom, the thoughtfully designed layout provides plenty of room to relax, entertain, and feel at home. With everything you need conveniently located on one level, everyday living is made easy. Enjoy small-town living with convenient access to local shopping, restaurants, healthcare, parks, and everyday amenities. Whether you're looking to downsize, retire, or simply enjoy the comfort and convenience of bungalow living, this home is ready for its next chapter.

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

Closing Costs

Mortgage Amount
$407,999
Land Transfer Taxes$6,675
Legal Fees (Est.)
$
Total cash required for closing$110,175

Total Monthly Obligation

$2,660/mo
Mortgage $2,057
Monthly Loss $2,119
Principal$541
Interest$1,516
Property Tax$228
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.0%12
Cash-on-Cash
-13.4%0
5-Year IRR
5.2%11
10-Year IRR
6.9%
Returns Index
7.1/ 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
$19,200/yr
NOI
$10,048/yr
Net Cash Flow
-$1,220/mo
Cash Margin
-76.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.413
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo63
Risk Index
28.1/ 100

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

Comparables

Properties near 56 Sanders Street E

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.