23 Maple Drive, Northern Bruce Peninsula

$555,000
23 Maple Drive

$555,000

New
21d
DetachedBungalow

23 Maple Drive, Northern Bruce Peninsula

Total Monthly Obligation $2,840

Beds
3
Baths
2
Park
5
Sqft
1100-1500
DOM
21d
Score
21
Yield
5.2%
Cash on Cash
-1.4%
Cap Rate
4.3%
5Y IRR
14.4%
10Y IRR
13.7%
Property Type-Detached
MLS® Number-X13854074
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-100 × 150 ft
Listed on site-Oct 2, 2026
Style-Bungalow
Building Type-Detached
Age-0-5
Taxes-$2,720.26 (2025)
Parking-6 - Attached
Basement-Crawl Space
Heating-Baseboard (Electric)
Brokerage-Chestnut Park Real Estate
Cooling-None
Laundry-No
Fireplace-Wood, Living Room
Pool-None
Facing-North
Exterior-Stone, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-Northern Bruce Peninsula
Title-Residential Freehold

No agent assigned

Built in 2022 - Welcome to 23 Maple Drive, Northern Bruce Peninsula. Nestled in the quiet and friendly Miller Lake community, this charming 3 bedroom bungalow offers a peaceful retreat surrounded by nature. Set on a private, well treed lot, the home features a warm and inviting interior with hardwood floors throughout, custom wood cabinetry and solid hardwood doors that showcase quality craftsmanship. The functional layout includes a bright and cozy living area, a 4 piece bathroom and an attached garage for added convenience. Step outside to enjoy the spacious deck, perfect for entertaining, large backyard and 8 x 16 wood shed. Whether you're looking for a year round residence or a seasonal escape, this property offers the ideal blend of comfort, privacy, and cottage country charm.

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

Closing Costs

Mortgage Amount
$444,000
Land Transfer Taxes$7,575
Legal Fees (Est.)
$
Total cash required for closing$120,075

Total Monthly Obligation

$2,840/mo
Mortgage $2,239
Monthly Loss $2,251
Principal$589
Interest$1,650
Property Tax$227
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.4%21
Cash-on-Cash
-6.8%1
5-Year IRR
10.2%37
10-Year IRR
10.8%
Returns Index
19.7/ 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
$28,800/yr
NOI
$18,700/yr
Net Cash Flow
-$680/mo
Cash Margin
-28.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.7010
LTV Ratio
80.0%18
Vacancy Buffer
3.4 mo58
Risk Index
28.5/ 100

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

Comparables

Properties near 23 Maple Drive

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.