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Investment signal

$615,000

8 BRIDLE ROAD

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Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Suite potential

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Location nearby

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

About this home

Opportunity awaits with this spacious 3+ 2 bedroom bungalow with in-law suite, ideally located in one of Penetanguishene's most sought-after family friendly neighborhoods. This home features hardwood floors throughout, a large eat-in kitchen with a walk-out to the back deck with a private backyard that backs onto a convenient bike trail, and a fully finished in-law suite with a cozy gas fireplace - offering flexible living arrangements ideal for extended family, guests, or potential rental income. Just minutes from local schools, parks, and the historic downtown waterfront, this home offers the perfect balance of comfort, convenience, and charm. Whether you're a growing family in need of more space, downsizers seeking main-floor living, or an investor looking for a great opportunity and flexible closing, this home has it all. (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Community: Penetanguishene
Common interest: Freehold
Lot dimensions: 60 x 120 FT
Bedrooms: 3 above grade, 2 below grade
Parking: 6 total
Stories: 1
Fireplace: 1
On market: Nov 17, 2025
Status changed: Apr 20, 2026
Annual tax: $4,858
Zoning: R2-9
Photos: 26
MLS#: S12550228
Area: PENETANGUISHENE

Features and systems

Parking

Attached GarageGarage

Basement

FinishedFull

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

BrickVinyl siding

Foundation

Poured Concrete

Lot

Flat siteIn-Law Suite

Community

School BusCommunity Centre

Utilities

SewerElectricityCable

Security

Smoke Detectors

Negative cash flow ~$489/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-4.77%

Cap rate

3.91%

GRM

15.5

Break-even rent

$3,814

Financing

Down payment$123,000

Loan amount$492,000

Mortgage$2,493/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$282

Insurance$80

Maintenance$513

CapEx reserve$256

Vacancy loss$165

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 $2,493/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.