14 Riverwalk Place, Midland

$1,250,000
14 Riverwalk Place

$1,250,000

New
28d
Detached2-Storey

14 Riverwalk Place, Midland

Total Monthly Obligation $6,055

Beds
5
Baths
4
Park
4
Sqft
1500-2000
DOM
28d
Score
14
Yield
2.7%
Cash on Cash
-12.5%
Cap Rate
1.9%
5Y IRR
5.9%
10Y IRR
7.1%
Property Type-Detached
MLS® Number-S13830144
Beds-5
Bathrooms-4
Size-1500-2000 sqft
Lot Size-50.03 × 118 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Detached
Taxes-$7,653 (2025)
Parking-6 - Attached
Basement-Finished with Walk-Out, Full
Heating-Forced Air (Gas)
Brokerage-Royal LePage In Touch Realty
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Other
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-flexible
Neighbourhood-Midland
Title-Residential Freehold

No agent assigned

Overlooking Georgian Bay, this spacious home offers beautiful water views from many rooms and comfortable family living in one of the area's most desirable communities. Featuring 4+1 bedrooms and 3+1 bathrooms, the home includes a primary suite with a walk-in closet and a 3-piece ensuite with a barrier-free shower. The main living area is anchored by a peninsula-style fireplace and framed by a floor-to-ceiling window topped with arched panes, filling the space with natural light and showcasing beautiful bay views. Step out from the dining area to a large, elevated deck featuring glass panel railings that provide uninterrupted views of the bay, an ideal space for entertaining or simply enjoying the remarkable Georgian Bay setting. The finished walkout lower level adds valuable living space with a rec room, additional bedroom, and bathroom, making it ideal for family and guests. Recent updates provide peace of mind, including new windows (2024/2025), new shingles (2025), a new furnace and A/C with heat pump (2023), a new water softener (2026) and a 220V EV charging outlet in the double attached garage. Hardwood flooring, granite countertops, and a spacious layout further enhance the home's appeal. Step outside and enjoy direct access to the Trans Canada Trail right behind the property, offering endless opportunities for walking, cycling, and exploring the area's natural beauty. Located just minutes from both Penetanguishene and Midland and approximately 90 minutes from the GTA, this property also provides convenient access to nearby parks, beaches, shopping, marinas, golf courses, live theatre, living history attractions, and everyday services. Whether you're seeking a year-round residence or a retreat in one of the region's most sought-after waterfront settings, this home offers an excellent opportunity to enjoy the Georgian Bay lifestyle.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,000,000
Land Transfer Taxes$21,475
Legal Fees (Est.)
$
Total cash required for closing$272,975

Total Monthly Obligation

$6,055/mo
Mortgage $5,042
Monthly Loss $4,728
Principal$1,327
Interest$3,715
Property Tax$638
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.5%9
Cash-on-Cash
-15.7%0
5-Year IRR
3.4%7
10-Year IRR
5.5%
Returns Index
4.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$33,996/yr
NOI
$18,443/yr
Net Cash Flow
-$3,505/mo
Cash Margin
-123.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.302
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo25
Risk Index
15.1/ 100

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

Comparables

Properties near 14 Riverwalk Place

Time

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