11-1050 Waterloo Street, Saugeen Shores

$599,999
11-1050 Waterloo Street

$599,999

New
22d
Condo Townhouse1 Storey/Apt

11-1050 Waterloo Street, Saugeen Shores

Total Monthly Obligation $3,165

Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
22d
Score
23
Yield
6.2%
Cash on Cash
1.1%
Cap Rate
4.8%
5Y IRR
16.5%
10Y IRR
15.3%
Property Type-Condo Townhouse
MLS® Number-X13856702
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 1, 2026
Style-1 Storey/Apt
Building Type-Condo Townhouse
Taxes-$3,057 (2025)
Maintenance-$290/mo
Locker-None
Parking-2 - Attached
Basement-None
Heating-Radiant (Gas)
Brokerage-eXp Realty
Cooling-Central Air
Laundry-Yes
Fireplace-Natural Gas
Pool-None
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete, Poured Concrete
Possession-Immediate
Neighbourhood-Saugeen Shores
Title-Residential Condo & Other

No agent assigned

Welcome to this stunning 2-bedroom, 2-bathroom end-unit condo, perfectly situated in one of Port Elgin's quiet and desirable neighbourhoods. This beautifully maintained home offers an inviting open-concept layout with plenty of natural light and the added privacy of an end unit.Step outside to your spacious patio overlooking a peaceful greenspace-an ideal setting for morning coffee, entertaining friends, or simply relaxing and enjoying the tranquil surroundings.Inside, you'll fall in love with the charming library, complete with a floor-to-ceiling bookshelf, creating the perfect space to curl up with a good book or unwind after a busy day.Whether you're looking to downsize, retire, or enjoy low-maintenance living without compromising on style or comfort, this exceptional condo offers it all. Don't miss your opportunity to own this stunning Port Elgin home!

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(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$479,999
Land Transfer Taxes$8,475
Legal Fees (Est.)
$
Total cash required for closing$129,975

Total Monthly Obligation

$3,165/mo
Mortgage $2,420
Monthly Loss $2,528
Principal$637
Interest$1,783
Property Tax$255
Condo Fees$290
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.1%28
Cash-on-Cash
-3.5%3
5-Year IRR
12.9%57
10-Year IRR
12.9%
Returns Index
29.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 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
$37,200/yr
NOI
$24,543/yr
Net Cash Flow
-$375/mo
Cash Margin
-12.1%0
Cash Flow Index
0.4/ 100
Risk Profile
Weight: 20%
DSCR
0.8517
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo50
Risk Index
28.3/ 100

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

Comparables

Properties near 11-1050 Waterloo Street

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.