93 Village Gate Drive, Wasaga Beach

$985,000
93 Village Gate Drive

$985,000

New
16d
DetachedBungalow-Raised

93 Village Gate Drive, Wasaga Beach

Total Monthly Obligation $4,754

Beds
3
Baths
3
Park
3
Sqft
1500-2000
DOM
16d
Score
15
Yield
3.1%
Cash on Cash
-10.2%
Cap Rate
2.4%
5Y IRR
7.5%
10Y IRR
8.4%
Property Type-Detached
MLS® Number-S13878362
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-60.04 × 120.08 ft
Listed on site-Oct 7, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$4,869 (2025)
Parking-6 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-Royal LePage Real Estate Associates
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-Above Ground, Other
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Wasaga Beach
Title-Residential Freehold

No agent assigned

If you have been patiently waiting for the perfect property near Georgian Bay, then this one could be for you. This detached bungalow (2022) in a newer subdivision offers a comfortable balance between a lively neighbourhood near amenities, and beautiful nature views minutes to the lake. The lot is an impressive 60' by 120' deep with no rear neighbours. The backyard currently faces green space and is scheduled to become a future golf course, offering spectacular views through all the seasons. The property's three car garage provides plenty of room for gear and outdoor equipment for an active lifestyle, as well as parking for guests who will be excited to join in on the fun. Inside, the property offers over 1700 square feet on the main floor alone, with the comforts you would expect from a newer home including 9 feet ceilings, engineered hardwood floors, and potlights. Enjoy the backyard views from inside the open concept living dining area which features extra tall windows and patio door to take it all in. The views continue to the primary bedroom which offers plenty of room for a king-sized bed, two walk-in closets, and a luxurious 5-piece bath that includes a glass enclosed shower, standalone tub, and double sink vanity. A second bedroom with a 4-piece ensuite is perfect for additional family or guests and a third bedroom offers a flexible space that can also be used as a den or office. The backyard can be accessed via the patio door from the eat-in kitchen and offers deck space, grass space, and a swim spa that can used all year round. A mudroom with garage access and laundry, as well as a convenient powder room complete the main floor. The full unfinished basement offers an additional 1700+ square feet to further expand the potential of this property. Located 30 minutes to Collingwood and Barrie and less than 2 hours to the GTA, Wasaga is experiencing millions in private and public investment and exciting growth. Contact your agent today.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$788,000
Land Transfer Taxes$16,175
Legal Fees (Est.)
$
Total cash required for closing$214,675

Total Monthly Obligation

$4,754/mo
Mortgage $3,973
Monthly Loss $3,708
Principal$1,046
Interest$2,928
Property Tax$406
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.9%0
5-Year IRR
4.7%10
10-Year IRR
6.5%
Returns Index
6.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$30,732/yr
NOI
$18,290/yr
Net Cash Flow
-$2,449/mo
Cash Margin
-95.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.383
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo32
Risk Index
17.7/ 100

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

Comparables

Properties near 93 Village Gate Drive

Time

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