No photos available
Investment signal

$479,900

42 BIRCH STREET

Beds

3

Baths

1

Sqft

Year

About this home

Wonderful renovated property just minutes from the heart of Sauble Beach, this fully winterized detached bungalow offers modern comfort and year-round enjoyment. Recently renovated, the home showcases: A brand-new kitchen with modern cabinets and granite counter-tops, An updated bathroom with a quartz counter-top. Three spacious bedrooms and one full bathroom. New hardwood floors throughout, Ceramic in Kitchen, Dining and Bathroom, Freshly painted new trims and stylish light fixtures, Upgraded baseboard heaters for efficient heating, Extended electrical service to the garage, Two large sheds plus a garage, Set on a generous lot, this turnkey property blends contemporary upgrades with the charm of beach side living. Whether you're seeking a cozy full-time residence, a four-season retreat, or an investment opportunity, this home truly offers it all. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
MLS#
X12792928
Area
SOUTH_BRUCE_PENINSULA
Negative cash flow ~$975/mo at these assumptions

Cash on cash

-12.19%

Cap rate

3.45%

GRM

16.7

Break-even rent

$3,426

Financing

Down payment$95,980
Loan amount$383,920
Mortgage$2,355/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$220
Insurance$80
Maintenance$400
CapEx reserve$200
Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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 $2,355/mo at 5.49% with 20% down, 25-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 13, 2026.

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