125 Portland Street, South Huron

$439,900
125 Portland Street

$439,900

New
15d
DetachedBungalow

125 Portland Street, South Huron

Total Monthly Obligation $2,334

Beds
2
Baths
1
Park
5
Sqft
1100-1500
DOM
15d
Yield
6.8%
Cash on Cash
5.5%
Cap Rate
5.8%
5Y IRR
20.0%
10Y IRR
18.3%
Property Type-Detached
MLS® Number-X13886034
Beds-2
Bathrooms-1
Size-1100-1500 sqft
Lot Size-66 × 132 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Age-100+
Taxes-$2,212 (2025)
Parking-5 - Carport
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-eXp Realty
Cooling-Central Air
Laundry-No
Fireplace-Wood Stove
Pool-None
Facing-South
Exterior-Brick
Roof-Metal
Foundation-Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-Stephen
Title-Residential Freehold

No agent assigned

Fully renovated circa 1890 brick bungalow on a 66 x 132 ft corner lot in Centralia, a short drive to Exeter and Grand Bend. The home was taken back to the studs and redesigned with an open-concept layout: a bright living room with a WETT-certified wood stove and doors to the deck, a kitchen with a large island, Meganite countertops, walk-in pantry and coffee bar with beverage fridge, a primary bedroom with a wall of wardrobes, a second bedroom, a 3-piece bath with a tiled walk-in shower and in-floor heat, a front foyer with a stained-glass door, and a large mudroom with main-floor laundry. Oversized doorways and the walk-in shower suit aging in place. Updates include spray foam insulation, all new wiring, electrical panel and plumbing (2022), central air and Lifebreath air exchanger (2022), owned water heater (2022), new windows and exterior door (2023), wood stove (2023), chain-link fence (2023), new shed (2025), mudroom finished (2025 to 2026) and a new sump pump (2026). Metal roof, carport, private double driveway and a second outbuilding for storage. Municipal water and sewer, natural gas.

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Closing Costs

Mortgage Amount
$351,920
Land Transfer Taxes$5,273
Legal Fees (Est.)
$
Total cash required for closing$94,753

Total Monthly Obligation

$2,334/mo
Mortgage $1,774
Monthly Loss $1,867
Principal$467
Interest$1,307
Property Tax$184
Home Insurance$125
Variable Costs$250

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

Comparables

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