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Investment signal

$1,400,000

236 PHILLIPS STREET

Save this home

Beds

4

Baths

4 full + 1 half

Sqft

Year

Type

Multi-family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Clearview (Stayner). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

There are houses... and then there are homes that you simply feel at peace the moment you arrive. This is one of those two-family homes that are a rare find - warm, welcoming, and thoughtfully designed for real life. From the moment you step inside, you'll notice the care and craftsmanship throughout. Most of the living spaces are on one level, including a legal accessory apartment designed with barrier-free accessibility in mind. This home is ideal for multi-generational living, aging parents, adult children, or guests who need their own comfortable space. There's room here for the whole family to gather, celebrate, and grow - and just as important, room to unwind. Whether you're chilling on the huge enclosed porch or cozied up next to the warm woodstove, time seems to stand still here. Custom trim work, wood and porcelain countertops, custom doors, and beautiful wood finishes give this home character you simply won't find in a cookie-cutter build. A charming kids' loft complete with its own 3-piece bath adds both fun and function. Summer is where this property truly comes alive. Imagine mornings on a covered porch spanning over 800 square feet, watching the kids play in the pool, or enjoying fresh country air. The expansive deck and sparkling, large above-ground pool set the stage for unforgettable BBQs, birthday parties, and evenings that stretch long after sunset. Step outside and you'll find lush grounds with fruit and flowering trees, generous parking, and space for your RV/boat or visiting family and friends. Let's not forget the detached shop. Tucked away on a peaceful dead-end street, you'll enjoy privacy and tranquility - yet you're only 15 minutes to Collingwood, 10 minutes to sandy beaches, and just over an hour to Toronto International Airport. This is a lifestyle - a place to put down roots and build memories. Come experience it; you may never want to leave. You need to see it to see the value!! Where can you buy two homes with this much value? (id:65958)

Subtype
Multi-family
Structure
Duplex
Community
Stayner
Condition
Insulation upgraded
Lot dimensions
140 x 211.8 FT
Bedrooms
4 above grade
Parking
22 total
Stories
1.5
Fireplace
1
On market
Feb 11, 2026
Status changed
Apr 20, 2026
Annual tax
$3,891 (2025)
Photos
49
MLS#
S12780850
Area
CLEARVIEW_(STAYNER)

Features and systems

Parking

Detached GarageGarage

Basement

UnfinishedCrawl space

Appliances

WasherRefrigeratorWater purifierWater softenerDishwasherStoveDryerMicrowaveFreezerBlindsWater Heater

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Wood

Foundation

Poured ConcreteInsulated Concrete Forms

Lot

Wheelchair accessCarpet FreeSump Pump

Pool

Above ground pool

Utilities

ElectricityCable
Negative cash flow ~$1,497/mo at these assumptions

Cash on cash

-6.41%

Cap rate

3.58%

GRM

16.7

Break-even rent

$8,575

Financing

Down payment$280,000
Loan amount$1,120,000
Mortgage$5,675/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$642
Insurance$80
Maintenance$1,167
CapEx reserve$583
Vacancy loss$350

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $5,675/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.

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