39 Forest Drive, Collingwood

$1,399,000
39 Forest Drive

$1,399,000

New
18d
DetachedBungalow

39 Forest Drive, Collingwood

Total Monthly Obligation $6,466

Beds
3
Baths
3
Park
4
Sqft
1500-2000
DOM
18d
Score
79
Yield
14.2%
Cash on Cash
40.6%
Cap Rate
13.3%
5Y IRR
49.9%
10Y IRR
45.9%
Property Type-Detached
MLS® Number-S13862322
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-143.56 × 237.46 ft
Listed on site-Oct 5, 2026
Style-Bungalow
Building Type-Detached
Taxes-$5,376.27 (2026)
Parking-6 - Attached
Basement-None
Heating-Water (Gas)
Brokerage-Royal LePage Locations North
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-Inground
Facing-South
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-Collingwood
Title-Residential Freehold

No agent assigned

Private 3-Bedroom Bungalow on an Incredible 3/4 Acre Lot in Sought After Collingwood! Set on an exceptional 3/4 acre property, this well looked after 3 bedroom, 2 bathroom bungalow offers a rare combination of space, privacy, mature surroundings and year-round recreation. The fully private backyard is a true showstopper, featuring a spectacular 36' x 16' pool with an L-shaped wading area, extensive landscaping and fencing-all completed in 2022. Inside, the home is filled with natural light and features a bright, open-concept layout connecting the kitchen and family room. New vinyl flooring has been installed throughout much of the home, while the family room offers a cozy gas fireplace. Enjoy direct access to the Georgian Trail from the backyard, providing year-round opportunities for walking, cycling, snowshoeing and more. The area's renowned ski clubs including The Blue Mountains are just minutes away, making this an ideal four-season location. Practical upgrades include a partial new septic system installed in 2022 and sized to accommodate a future addition, plus a rear-yard irrigation system with new lines and sprinkler heads installed in 2022.Year-round comfort is provided by radiant in-floor heating throughout the home and garage, central air conditioning, hot water on demand and an electric furnace. Natural gas and existing ductwork are available, making it an easy option to install a natural gas forced-air furnace in the future. A mature, private setting with a resort-style backyard, Georgian Trail access and nearby ski clubs-this is a rare opportunity to enjoy Collingwood's four-season lifestyle with room to enjoy now and potential to grow.

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

Closing Costs

Mortgage Amount
$1,119,200
Land Transfer Taxes$24,455
Legal Fees (Est.)
$
Total cash required for closing$305,755

Total Monthly Obligation

$6,466/mo
Mortgage $5,643
Monthly Loss $4,981
Principal$1,485
Interest$4,158
Property Tax$448
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
12.1%95
Cash-on-Cash
33.8%100
5-Year IRR
44.1%100
10-Year IRR
40.7%
Returns Index
99.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeA
79/ 100
Good•Buy

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

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$199,200/yr
NOI
$169,404/yr
Net Cash Flow
$8,474/mo
Cash Margin
51.0%100
Cash Flow Index
99.9/ 100
Risk Profile
Weight: 20%
DSCR
2.5099
LTV Ratio
80.0%18
Vacancy Buffer
1.4 mo21
Risk Index
46.3/ 100

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

Comparables

Properties near 39 Forest Drive

Time

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