40 58th Street S, Wasaga Beach

$595,000
40 58th Street S

$595,000

New
22d
DetachedBungalow

40 58th Street S, Wasaga Beach

Total Monthly Obligation $2,988

HausQ Valuation Report
Beds
2
Baths
1
Park
6
Sqft
1100-1500
DOM
22d
Score
21
Yield
5.1%
Cash on Cash
-1.3%
Cap Rate
4.3%
5Y IRR
14.5%
10Y IRR
13.8%
Property Type-Detached
MLS® Number-S13852356
Beds-2
Bathrooms-1
Size-1100-1500 sqft
Lot Size-100 × 147.17 ft
Listed on site-Oct 1, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,553 (2025)
Parking-8 - Detached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-Royal LePage Locations North
Cooling-Other
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-West
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Immediate
Neighbourhood-Wasaga Beach
Title-Residential Freehold

No agent assigned

Welcome to 40 58th Street South-a beautifully maintained 1,227 sq. ft. home that delivers the quintessential Georgian Bay lifestyle. Featuring 2 bright bedrooms, a versatile private den/office, a 4-piece bathroom, and soaring vaulted ceilings that create an open, airy feel, this home welcomes you the moment you walk in. Situated on an expansive 100' x 147' lot, the property offers a private, park-like yard enveloped by mature trees, lush greenery, and manicured gardens. It features a rare detached 2-car garage and parking for 8 vehicles -ideal for boats, trailers, and guests. The home is being sold completely turnkey and move-in ready, with all furniture and household contents included. Located in Wasaga's desirable West End, this property is just a short walk to the quiet shores and sunsets of Beach Area 6, with quick access to Collingwood, Blue Mountain, and Barrie. It truly is an authentic Wasaga Beach four-season retreat.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$476,000
Land Transfer Taxes$8,375
Legal Fees (Est.)
$
Total cash required for closing$128,875

Total Monthly Obligation

$2,988/mo
Mortgage $2,400
Monthly Loss $2,356
Principal$632
Interest$1,768
Property Tax$213
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%22
Cash-on-Cash
-6.5%2
5-Year IRR
10.5%39
10-Year IRR
11.0%
Returns Index
20.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
21/ 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
$30,600/yr
NOI
$20,487/yr
Net Cash Flow
-$693/mo
Cash Margin
-27.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7110
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo54
Risk Index
27.6/ 100

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

Comparables

Properties near 40 58th Street S

Time

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Data last updated within the past 24 hours.