220 St Vincent Street, Meaford

$540,000
220 St Vincent Street

$540,000

Price Change
9d
Detached2-Storey

220 St Vincent Street, Meaford

Total Monthly Obligation $2,869

Beds
3
Baths
2
Park
5
Sqft
1500-2000
DOM
9d
Score
25
Yield
6.6%
Cash on Cash
4.0%
Cap Rate
5.4%
5Y IRR
18.8%
10Y IRR
17.2%
Property Type-Detached
MLS® Number-X14033670
Beds-3
Bathrooms-2
Size-1500-2000 sqft
Lot Size-67.57 × 109.92 ft
Listed on site-Oct 14, 2026
Style-2-Storey
Building Type-Detached
Taxes-$3,786 (2025)
Parking-5 - None
Basement-Unfinished
Heating-Baseboard (Electric)
Brokerage-Royal LePage Locations North
Cooling-None
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Stone, Wood
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Meaford
Title-Residential Freehold

No agent assigned

On Meaford's historic St. Vincent Street, where Victorian red-brick homes line the route toward Georgian Bay, 220 St. Vincent offers a wide, deep lot and the opportunity to make a home your own. A municipal creek runs beside the property, creating natural separation and added privacy along one side. Freshly painted throughout, this three-bedroom home is ready for a comprehensive refresh. Updating the kitchen and flooring would make a meaningful difference, with new siding another option for the exterior. Inside, a distinctive wood-panelled staircase with a curved balustrade adds character worth preserving. Living and dining rooms, two natural gas fireplaces, a four-piece bathroom, a powder room and 200-amp electrical service provide a practical starting point. Two sets of sliding glass doors open to the covered patio and backyard, connecting the indoor spaces with a generous outdoor setting. A separate rear entrance, laundry area and nearby bathroom offer a layout worth investigating for a secondary suite within the existing building, subject to zoning, permits and building-code requirements. Daily errands, school and time by the water can all be part of a walkable routine. The harbour, waterfront, historic downtown, restaurants, grocery and hardware stores are within walking distance, along with Georgian Bay Community School, serving Kindergarten through Grade 12. Provincial funding has also been announced for a new Meaford elementary school. Thornbury is a short drive away, adding more restaurants and shops, while skiing, golf, sailing and Georgian Bay beaches offer recreation throughout the year. Autumn brings the Scarecrow Invasion, a colourful expression of Meaford's community spirit. With a private yard, distinctive interior details and everyday amenities close by, this is a home with room for family life and a clear opportunity for thoughtful improvements.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$432,000
Land Transfer Taxes$7,275
Legal Fees (Est.)
$
Total cash required for closing$116,775

Total Monthly Obligation

$2,869/mo
Mortgage $2,178
Monthly Loss $2,296
Principal$573
Interest$1,605
Property Tax$316
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-1.9%5
5-Year IRR
14.2%66
10-Year IRR
13.9%
Returns Index
34.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
25/ 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
$35,760/yr
NOI
$23,898/yr
Net Cash Flow
-$187/mo
Cash Margin
-6.3%1
Cash Flow Index
1.4/ 100
Risk Profile
Weight: 20%
DSCR
0.9121
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
31.7/ 100

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

Comparables

Properties near 220 St Vincent Street

Time

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