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Investment signal

$899,900

137 WOODLAND PARK ROAD

Beds

4

Baths

3.1

Sqft

Year

Location

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About this home

Enjoy access to a private neighbourhood beach just a short walk away, featuring approximately 400 feet of sandy shoreline (annual fee of $100).The Georgian Trail is conveniently located directly across the street, perfect for outdoorenthusiasts.This well-maintained 4-bedroom, 3-bathroom brick bungalow sits on80 x 190 ft lot and includes a 2-car attached garage. The main floor offers a functional layoutwith a spacious eat-in kitchen, a bright living and dining area with a wood-burning fireplace,and a walk-out to the deck. It also features three bedrooms, two bathrooms,and a combined laundry room/pantry. Potential 3000 monthly rental income.The fully finished basement provides additional living space, including a family room with agas fireplace, a recreation room, an additional bedroom, a bathroom,and a large utility/workshop area. The home is serviced by full municipal services and natural gas.Ideally located just 5 minutes from Thornbury and the Georgian Peaks Ski Club,this property offers a perfect blend of comfort and convenience. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Blue Mountains
Common interest
Freehold
Lot dimensions
80 x 193 Acre
Bedrooms
3 above grade, 1 below grade
Parking
8 total
Stories
1
On market
Apr 16, 2026
Status changed
Apr 17, 2026
Annual tax
$2,064.53
Zoning
R1-1
Photos
18
MLS#
X13009806
Area
BLUE_MOUNTAINS

Features and systems

Parking

Attached GarageGarage

Basement

Partially finishedPartial

Appliances

WasherRefrigeratorDishwasherStoveDryerFreezerWindow CoveringsGarage door opener

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Brick

Flooring

Vinyl

Foundation

Block

Lot

Wooded areaLevelSump Pump

Utilities

ElectricityCableWireless
Negative cash flow ~$1,759/mo at these assumptions

Cash on cash

-11.73%

Cap rate

3.54%

GRM

16.7

Break-even rent

$6,352

Financing

Down payment$179,980
Loan amount$719,920
Mortgage$4,417/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$412
Insurance$80
Maintenance$750
CapEx reserve$375
Vacancy loss$225

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.

Lifestyle nearby

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

Mortgage estimate

Estimated $4,417/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 17, 2026.

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