173 Isthmus Bay Road, Northern Bruce Peninsula

$569,000
173 Isthmus Bay Road

$569,000

New
17d
DetachedBungalow

173 Isthmus Bay Road, Northern Bruce Peninsula

Total Monthly Obligation $2,880

Beds
3
Baths
1
Park
2
Sqft
700-1100
DOM
17d
Score
22
Yield
5.5%
Cash on Cash
0.0%
Cap Rate
4.6%
5Y IRR
15.6%
10Y IRR
14.6%
Property Type-Detached
MLS® Number-X13866002
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-75 × 100 ft
Listed on site-Oct 6, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,512.22 (2026)
Parking-2 - None
Basement-Crawl Space
Heating-Baseboard (Electric)
Brokerage-RE/MAX Grey Bruce Realty Inc.
Cooling-None
Laundry-No
Fireplace-Fireplace Insert, Living Room
Pool-None
Facing-West
Exterior-Stone, Wood
Roof-Metal
Foundation-Stone
Sewer-Septic
Possession-Flexible
Neighbourhood-Northern Bruce Peninsula
Title-Residential Freehold

No agent assigned

Enjoy the sights and sounds of Georgian Bay! Sited minutes to Lion's Head for amenities, shops, a sandy public beach, school and more - this 3 bedroom home/cottage offers a comfortable place to relax or call home. Offering stunning water views across the road, you can sit outside and soak in the sunshine while listening to the waves. The 10' x 10' shed affords storage space with hydro - perfect for bikes, kayaks, or use as a workshop. The low-maintenance stone exterior and metal roof mean less worries and more time spent on the things you love. Inside, 925sq.ft. feels quite spacious with the open concept living space! Families can gather in the eat-in kitchen or around the warmth of the wood stove insert. Embrace the warmth of the tongue and groove wood interior and vaulted ceilings with large windows for plenty of natural light. A propane wall furnace keeps you cozy and warm. Each bedroom features a ceiling fan for added comfort. Recent upgrades include a renovated kitchen with new appliances, updated bathroom, and UV water treatment system. Also featuring central vacuum! Fully furnished, turn-key and ready for your enjoyment! Easily bike into town or explore the Bruce Trail with the beauty of nature at your doorstep.

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

Closing Costs

Mortgage Amount
$455,200
Land Transfer Taxes$7,855
Legal Fees (Est.)
$
Total cash required for closing$123,155

Total Monthly Obligation

$2,880/mo
Mortgage $2,295
Monthly Loss $2,276
Principal$604
Interest$1,691
Property Tax$209
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.4%2
5-Year IRR
11.4%45
10-Year IRR
11.7%
Returns Index
23.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$31,080/yr
NOI
$20,960/yr
Net Cash Flow
-$549/mo
Cash Margin
-21.2%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7612
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo56
Risk Index
29.0/ 100

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

Comparables

Properties near 173 Isthmus Bay Road

Time

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