20 Mulligan Lane 8, Wasaga Beach

$399,990
20 Mulligan Lane 8

$399,990

New
27d
Condo Apartment1 Storey/Apt

20 Mulligan Lane 8, Wasaga Beach

Total Monthly Obligation $2,685

HausQ Valuation Report
Beds
2
Baths
2
Park
1
Sqft
1200-1399
DOM
27d
Score
23
Yield
7.8%
Cash on Cash
0.9%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Condo Apartment
MLS® Number-S13831766
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Sep 26, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Age-31-50
Taxes-$1,841 (2025)
Maintenance-$718.6/mo
Locker-Owned
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX ESCARPMENT REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-Natural Gas
Pool-None
Exterior-Aluminum Siding
Roof-Asphalt Shingle
Foundation-Concrete
Possession-Flexible
Neighbourhood-Wasaga Beach
Title-Residential Condo & Other

No agent assigned

Completely renovated and beautifully upgraded 2-bedroom, 2-bathroom condo offering 1,200 sq. ft. of bright, open-concept living space in desirable Wasaga Beach, home to the world's longest freshwater beach. This stunning unit has been thoughtfully transformed with new hardwood flooring throughout, a brand-new designer kitchen featuring quartz countertops, modern cabinetry and brand-new appliances, along with stylish contemporary finishes throughout. The spacious primary suite features a luxurious 4-piece ensuite with a curbless glass shower, double vanity and modern finishes, creating a true 5-star hotel-inspired retreat. Enjoy unobstructed views of greenspace and Marlwood Golf Course from the oversized 250+ sq. ft. private balcony, perfect for morning coffee or evening sunsets. Additional features include a gas fireplace, in-suite laundry, 1 parking space and a storage room. Ideally located just minutes from beach access, golf, shopping and dining.

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

Closing Costs

Mortgage Amount
$319,992
Land Transfer Taxes$4,475
Legal Fees (Est.)
$
Total cash required for closing$85,973

Total Monthly Obligation

$2,685/mo
Mortgage $1,613
Monthly Loss $2,261
Principal$425
Interest$1,189
Property Tax$153
Condo Fees$719
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-4.9%2
5-Year IRR
12.1%50
10-Year IRR
12.4%
Returns Index
26.0/ 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
$31,092/yr
NOI
$15,119/yr
Net Cash Flow
-$354/mo
Cash Margin
-13.6%0
Cash Flow Index
0.3/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo61
Risk Index
30.8/ 100

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

Comparables

Properties near 20 Mulligan Lane 8

Time

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