178 GOLF COURSE Road, Wasaga Beach

$459,000
178 GOLF COURSE Road

$459,000

New
25d
Detached1 1/2 Storey

178 GOLF COURSE Road, Wasaga Beach

Total Monthly Obligation $2,334

Beds
2
Baths
1
Park
2
Sqft
700-1100
DOM
25d
Score
23
Yield
5.5%
Cash on Cash
0.5%
Cap Rate
4.7%
5Y IRR
16.0%
10Y IRR
14.9%
Property Type-Detached
MLS® Number-S13838636
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-60.01 × 148.49 ft
Listed on site-Sep 28, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$1,294 (2025)
Parking-2 - None
Basement-Unfinished, Crawl Space
Heating-Baseboard (Electric)
Brokerage-Royal LePage Locations North
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Piers
Sewer-Sewer
Possession-Flexible
Neighbourhood-Wasaga Beach
Title-Residential Freehold

No agent assigned

Cute 3-bedroom home on a large 60' x 148' lot at the east end of Wasaga Beach! With approximately 830 sq. ft. of living space over two floors, this home offers three bedrooms, one bathroom and a great opportunity for first-time buyers, retirees or investors. Finding a lot this size in Wasaga Beach is becoming harder to find, with plenty of outdoor space for kids, pets, gardening, entertaining or simply enjoying your own backyard. The property also includes three storage sheds, giving you lots of room for bikes, tools and outdoor equipment. The location is another big plus. Enjoy easy access to Wasaga Beach's extensive network of walking and biking trails, golf, parks and the sandy shores of Georgian Bay. Marlwood Golf & Country Club is nearby, along with Wasaga Beach Provincial Park and the Nordic & Trail Centre for hiking, cross-country skiing and year-round outdoor activities. You're also just a short drive to grocery stores, Walmart, restaurants, shopping, medical services, the new arena and library and schools. Whether you're looking for an affordable starter home, a place to downsize, a weekend getaway or an investment property, this is a great opportunity to get into the Wasaga Beach market with a large mature lot and plenty of potential.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$367,200
Land Transfer Taxes$5,655
Legal Fees (Est.)
$
Total cash required for closing$98,955

Total Monthly Obligation

$2,334/mo
Mortgage $1,851
Monthly Loss $1,847
Principal$487
Interest$1,364
Property Tax$108
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.5%2
5-Year IRR
11.3%45
10-Year IRR
11.6%
Returns Index
23.4/ 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
$25,080/yr
NOI
$16,778/yr
Net Cash Flow
-$453/mo
Cash Margin
-21.7%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
4.1 mo71
Risk Index
33.7/ 100

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

Comparables

Properties near 178 GOLF COURSE Road

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.