77 Blue Heron Drive, Georgina

$499,000
77 Blue Heron Drive

$499,000

New
16d
DetachedBungalow

77 Blue Heron Drive, Georgina

Total Monthly Obligation $2,586

Beds
3
Baths
2
Park
4
Sqft
700-1100
DOM
16d
Score
23
Yield
5.8%
Cash on Cash
1.2%
Cap Rate
4.8%
5Y IRR
16.5%
10Y IRR
15.4%
Property Type-Detached
MLS® Number-N13874792
Beds-3
Bathrooms-2
Size-700-1100 sqft
Lot Size-53.55 × 172.45 ft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$2,383 (2025)
Parking-4 - None
Basement-None
Heating-Heat Pump (Electric)
Brokerage-POWER 7 REALTY
Cooling-Wall Unit(s)
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Wood
Roof-Unknown, Asphalt Shingle
Foundation-Unknown
Sewer-Septic
Possession-Immediate
Neighbourhood-Virginia
Title-Residential Freehold

No agent assigned

Welcome to 77 Blue Heron Drive, a beautifully updated 3-bedroom home in sought-after McRae Beach, just steps from Lake Simcoe. Situated on a spacious 53 x 172 ft private lot, this property features a bright open-concept layout and a cozy gas fireplace. . Many recent upgrades such as a new water pump, owned tankless water heater, new windows, doors and eavestroughs. Two outdoor storage sheds . Enjoy peaceful surroundings and convenient access to beaches, marinas, parks, and shopping. Move-in ready and only an hour from the GTA - this home delivers comfort, style, and a true lakeside lifestyle. Property is being sold "as is, where is".

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$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$2,586/mo
Mortgage $2,013
Monthly Loss $2,057
Principal$530
Interest$1,483
Property Tax$199
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.7%2
5-Year IRR
11.9%50
10-Year IRR
12.1%
Returns Index
25.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$28,872/yr
NOI
$19,102/yr
Net Cash Flow
-$421/mo
Cash Margin
-17.5%0
Cash Flow Index
0.2/ 100
Risk Profile
Weight: 20%
DSCR
0.7914
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
31.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 77 Blue Heron Drive

Time

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Data last updated within the past 24 hours.