1 / 49
Investment signal

$699,000

246 HIGH STREET

Save this home

Beds

5

Baths

4

Sqft

Year

Type

Single Family

Suite

Suite potential

Location nearby

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

About this home

This exceptional custom-built home is perfectly situated on a rare and expansive double lot right in the desirable community of MacTier. Thoughtfully designed with both functionality and flexibility in mind, the home features five spacious bedrooms and four full bathrooms, offering ample space for large or multi-generational families. The main floor showcases three generously sized bedrooms and two bathrooms, highlighted by soaring cathedral ceilings, rich custom finishes, and an open-concept layout that seamlessly blends the kitchen, dining, and living area for modern family living. Downstairs, the fully developed walkout basement includes two separate and private granny suites, each complete with its own entrance, making it perfect for extended family, guests, or potential rental income. Outdoor living is a true highlight of this property, with expansive decks on both the front and back of the home, providing ideal spaces to relax, entertain, or enjoy peaceful views of the surrounding neighborhood. A large two-car garage offers secure parking and additional storage, while two oversized driveways provide plenty of room for vehicles or recreational toys. This one-of-a-kind home combines craftsmanship, space, and income potential all within a quiet, family-friendly area just minutes from local amenities. Whether you're looking for a forever home or an investment opportunity, this property delivers unmatched value and versatility. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Freeman
Common interest
Freehold
Lot dimensions
129.3 x 302.8 FT
Bedrooms
5 above grade
Parking
12 total
Stories
1
On market
Apr 17, 2026
Status changed
Apr 22, 2026
Annual tax
$2,534
Photos
49
MLS#
X13010044
Area
GEORGIAN_BAY_(FREEMAN)

Features and systems

Parking

Attached GarageGarage

Basement

FinishedFullWalk outN/A

Appliances

WasherStove

Heating

Forced airPropane

Cooling

Wall unit

Exterior

Wood

Foundation

Insulated Concrete Forms

Lot

Carpet FreeIn-Law Suite
Negative cash flow ~$783/mo at these assumptions

Cash on cash

-6.72%

Cap rate

3.52%

GRM

16.6

Break-even rent

$4,324

Financing

Down payment$139,800
Loan amount$559,200
Mortgage$2,833/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$320
Insurance$80
Maintenance$583
CapEx reserve$291
Vacancy loss$175

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 $2,833/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 22, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.