33 Pearl Street, Wasaga Beach

$849,000
33 Pearl Street

$849,000

New
21d
Detached2-Storey

33 Pearl Street, Wasaga Beach

Total Monthly Obligation $4,336

Beds
5
Baths
5
Park
2
Sqft
2500-3000
DOM
21d
Score
17
Yield
4.2%
Cash on Cash
-6.5%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.6%
Property Type-Detached
MLS® Number-S13858604
Beds-5
Bathrooms-5
Size-2500-3000 sqft
Lot Size-55 × 120 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Detached
Age-6-15
Taxes-$6,436.06 (2025)
Parking-4 - Attached
Basement-Finished, Full, Finished with Walk-Out, Walk-Out, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-FARIS TEAM REAL ESTATE BROKERAGE
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Wasaga Beach
Title-Residential Freehold

No agent assigned

Top 5 Reasons You Will Love This Home: 1) Beautifully designed 4+1 bedroom home offering over 3,700 square feet of finished living space, thoughtfully laid out with spacious bedrooms, an open-concept design, and soaring ceilings including nearly 9' on the main level and an impressive 18' in the living room, creating a bright and expansive atmosphere throughout 2) The interior is truly captivating, highlighted by a dramatic floor-to-ceiling arched window showcasing serene forest views, rich hardwood flooring, a cozy gas fireplace, and a modern kitchen with quartz countertops, extended cabinetry, and a large centre island providing extra prep space 3) Builder-finished walkout basement offering approximately 950 square feet of additional living space, featuring an extra bedroom and endless potential to become an entertainers haven, in-law suite, or private home office 4) Positioned on an expansive 55' wide ravine lot, this property offers outstanding privacy and serene natural views, complemented by a walkout backyard that creates a seamless flow between indoor and outdoor living 5) Ideally located just 3 km from the shores of Georgian Bay and close to schools, shopping, and entertainment, delivering the perfect balance of nature and convenience, in a growing, family-friendly community. 2,802 above grade sq.ft. plus a finished basement. *Please note that some images have been virtually staged to show the potential of the home.

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

Closing Costs

Mortgage Amount
$679,200
Land Transfer Taxes$13,455
Legal Fees (Est.)
$
Total cash required for closing$184,755

Total Monthly Obligation

$4,336/mo
Mortgage $3,425
Monthly Loss $3,435
Principal$901
Interest$2,523
Property Tax$536
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.8%1
5-Year IRR
7.2%19
10-Year IRR
8.4%
Returns Index
10.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$36,000/yr
NOI
$21,464/yr
Net Cash Flow
-$1,636/mo
Cash Margin
-54.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.525
LTV Ratio
80.0%18
Vacancy Buffer
2.2 mo35
Risk Index
19.5/ 100

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

Comparables

Properties near 33 Pearl Street

Time

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