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Investment signal

$1,579,000

95 MCVICAR STREET

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Location

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About this home

Investment Opportunity!!! Imagine living right across from Lake Huron in a charming three-bedroom bungalow, while working from home managing nine fully furnished, year-round cottages. Perfect for families, with the water park and harbour very close by, this unique property offers the lifestyle change you've been waiting for. Set on 1.3 acres, the property backs onto a serene wooded area with a stream running through it. Both the home and cottages have been well maintained. Each cottage comes furnished and are four seasons with natural gas heat and electric ac units. With municipal water, sewer, and natural gas services, this property is ready for its next owner to enjoy both a rewarding business and a beautiful place to call home. Owner is willing to discuss a VTB portion. (id:65958)

Subtype: Single Family
Architectural style: Raised bungalow
Structure: Other
Community: Saugeen Shores
Parking: 20 total
Stories: 1
On market: Mar 16, 2026
Status changed: Apr 19, 2026
Annual tax: $10,946.27 (2025)
Photos: 17
MLS#: X12888428
Area: SAUGEEN_SHORES

Features and systems

Parking

No Garage

Exterior

WoodCedar Siding

Foundation

BlockWood/Piers

Lot

Wooded area

Negative cash flow ~$3,022/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.48%

Cap rate

3.59%

GRM

16.7

Break-even rent

$11,081

Financing

Down payment$315,800

Loan amount$1,263,200

Mortgage$7,750/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$724

Insurance$80

Maintenance$1,316

CapEx reserve$658

Vacancy loss$395

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 Saugeen Shores. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $7,750/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 19, 2026.