83 CROCUS Drive, Wasaga Beach

$899,900
83 CROCUS Drive

$899,900

New
23d
DetachedBungalow-Raised

83 CROCUS Drive, Wasaga Beach

Total Monthly Obligation $4,333

Beds
4
Baths
2
Park
6
Sqft
1100-1500
DOM
23d
Score
16
Yield
3.4%
Cash on Cash
-8.9%
Cap Rate
2.7%
5Y IRR
8.6%
10Y IRR
9.1%
Property Type-Detached
MLS® Number-S13845184
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-40.7 × 147.68 ft
Listed on site-Sep 30, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-16-30
Taxes-$3,931 (2025)
Parking-8 - Attached
Basement-Walk-Up, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-Royal LePage Locations North
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Wasaga Beach
Title-Residential Freehold

No agent assigned

IN LAW POTENTIAL-This private lot is a rare find, offering incredible depth and such a peaceful setting in Wasaga Beach's highly desirable west end. Set on a nearly half-acre, deep pie-shaped lot surrounded by mature trees on a quiet, low-traffic street, this spacious 2,683 sq. ft. custom-built raised bungalow offers four bedrooms and an incredible setting for families, retirees or anyone looking for a great lot with privacy from neighbours. The home has been beautifully updated with all new windows and doors, new stainless steel appliances, new flooring throughout, new pot lights, all new custom blinds, a stunning renovated bathroom with walk-in glass shower, and fresh paint throughout in 2025.The main living area features vaulted ceilings, large windows, a spacious kitchen with island open to the dining area. Great for a large harvest table to host family holidays. Walk out to the large deck overlooking the private backyard, six-person hot tub on the interlock patio and cozy fire pit, the perfect property to enjoy the outdoors and entertain family and friends. The finished lower level provides even more living space with a family room, newly renovated 3-piece bathroom with walk-in shower and large fourth bedroom, plus inside entry to the oversized double-car garage. This is the perfect set up for an in-law suite with a separate entrance. Outside, the fully fenced yard includes an electronic dog fence and in-ground sprinkler system, while the interlock driveway provides parking for 4+ vehicles.Located in a quiet and friendly neighbourhood near Beach 6 and Wasaga Beach's famous waterfront, with the beach, shopping, Starbucks, restaurants and within walking distance. Public transit is also nearby, and Collingwood is only a short 10-minute drive away.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$719,920
Land Transfer Taxes$14,473
Legal Fees (Est.)
$
Total cash required for closing$195,953

Total Monthly Obligation

$4,333/mo
Mortgage $3,630
Monthly Loss $3,377
Principal$955
Interest$2,675
Property Tax$328
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.1%12
Cash-on-Cash
-12.8%0
5-Year IRR
5.6%13
10-Year IRR
7.1%
Returns Index
7.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$30,300/yr
NOI
$18,839/yr
Net Cash Flow
-$2,060/mo
Cash Margin
-81.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.434
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.1/ 100

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

Comparables

Properties near 83 CROCUS Drive

Time

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