26 Centre Street, Grey Highlands

$399,900
26 Centre Street

$399,900

New
15d
Detached2-Storey

26 Centre Street, Grey Highlands

Total Monthly Obligation $2,214

Beds
4
Baths
2
Park
2
Sqft
2000-2500
DOM
15d
Score
49
Yield
8.7%
Cash on Cash
13.0%
Cap Rate
7.4%
5Y IRR
26.2%
10Y IRR
23.5%
Property Type-Detached
MLS® Number-X13877446
Beds-4
Bathrooms-2
Size-2000-2500 sqft
Lot Size-116 × 139.92 ft
Listed on site-Oct 8, 2026
Style-2-Storey
Building Type-Detached
Taxes-$2,709.8 (2026)
Parking-2 - Detached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX WEST REALTY INC.
Cooling-None
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Stone
Sewer-Sewer
Possession-TBA
Neighbourhood-Grey Highlands
Title-Residential Freehold

No agent assigned

MASSIVE DOUBLE LOT | DETACHED GARAGE | 4 BEDROOMS | PRIVATE & TREED! Welcome to 26 Centre Street in Markdale, a charming detached two-storey home situated on an exceptional massive double lot surrounded by mature trees, offering incredible privacy, space and endless potential! This beautiful property provides a rare opportunity to enjoy a generous in-town lot while being close to all of Markdale's amenities. The main floor offers plenty of character and space, featuring a large dining area and inviting living room with a wood-burning fireplace, oversized windows, high ceilings and hardwood flooring. The kitchen provides plenty of cupboard and storage space, while a convenient two-piece bathroom is also located on the main level. Just off the front entrance is a charming reading nook with a large bright window, built-in bookshelves and another fireplace, creating a cozy space to relax, read or unwind. A rear addition provides additional storage space. The home offers four spacious bedrooms on the second level, each featuring large windows, plenty of natural light and high ceilings. Hardwood flooring runs throughout most of the home. A four-piece bath completes the second level. Above the second level is an additional half-storey space with potential to be finished, providing even more possibilities for future living space, a home office, studio, gym or hobby area. Outside, the property is truly the standout feature. The double lot is exceptionally large, beautifully treed and wonderfully private, providing plenty of room to enjoy the outdoors, garden or entertain. A detached one-car garage is also located on the property, with parking for approximately two vehicles and potential for additional parking if the driveway were extended. Located in the heart of Markdale, you'll have convenient access to the local hospital, grocery store, pet store, parks, schools & other everyday amenities. The possibilities are endless at 26 Centre Street! At this price, it's a must see!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$319,920
Land Transfer Taxes$4,474
Legal Fees (Est.)
$
Total cash required for closing$85,954

Total Monthly Obligation

$2,214/mo
Mortgage $1,613
Monthly Loss $1,789
Principal$424
Interest$1,189
Property Tax$226
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.0%50
Cash-on-Cash
5.5%25
5-Year IRR
20.2%92
10-Year IRR
19.0%
Returns Index
56.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeC
49/ 100
Poor•Caution

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

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,800/yr
NOI
$24,110/yr
Net Cash Flow
$396/mo
Cash Margin
13.7%43
Cash Flow Index
43.3/ 100
Risk Profile
Weight: 20%
DSCR
1.2550
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo73
Risk Index
46.9/ 100

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

Comparables

Properties near 26 Centre Street

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.