48 Isle Vista Drive, Georgina

$499,900
48 Isle Vista Drive

$499,900

New
15d
DetachedBungalow

48 Isle Vista Drive, Georgina

Total Monthly Obligation $2,699

Beds
2
Baths
1
Park
4
Sqft
1100-1500
DOM
15d
Score
22
Yield
6.0%
Cash on Cash
1.0%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Detached
MLS® Number-N13878190
Beds-2
Bathrooms-1
Size-1100-1500 sqft
Lot Size-61.1 × 288.34 ft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,687 (2026)
Parking-5 - Detached
Basement-Crawl Space
Heating-Forced Air (Oil)
Brokerage-REMAX YOUR COMMUNITY REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Other, Stone
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Septic
Possession-30 Days TBA
Neighbourhood-Virginia
Title-Residential Freehold

No agent assigned

Craving a simpler life of yesteryear? With lower house payments, lakeside living, family gatherings, barbecues while overlooking the kids happily chase frogs right into a creek at the edge of a park-like lot? Well then this is the perfect piece of real estate for you! This exceptionally built, beautiful bungalow is like a precious time capsule awaiting its next grateful family. Offered for sale for the very first time, this home has been incredibly well cared for and genuinely loved for many decades by the original owners and beloved family. This is more than just another house offered for sale, it is the epitome of a happy home offering a lifestyle that is truly unmatched at this price point. The solid bungalow is wrapped in beautiful slate stone and upgraded siding, sitting on a high, dry crawl space with concrete flooring and offering a fabulous floor plan. Approximately 61 x 300 Ft lot with direct access to a lovely creek that spills right into Lake Simcoe. In addition to your own private oasis, this location offers access to two private beaches, three parks and a private marina for a nominal yearly fee ($150 for beach/park access and $200 for use of marina). Hurry before this wonderfully unique opportunity passes you by...

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

Closing Costs

Mortgage Amount
$399,920
Land Transfer Taxes$6,473
Legal Fees (Est.)
$
Total cash required for closing$107,953

Total Monthly Obligation

$2,699/mo
Mortgage $2,016
Monthly Loss $2,168
Principal$531
Interest$1,486
Property Tax$307
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-5.0%2
5-Year IRR
11.8%48
10-Year IRR
12.0%
Returns Index
25.2/ 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
$30,048/yr
NOI
$18,856/yr
Net Cash Flow
-$445/mo
Cash Margin
-17.8%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo61
Risk Index
30.7/ 100

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

Comparables

Properties near 48 Isle Vista Drive

Time

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