1693 River Road W, Wasaga Beach

$699,999
1693 River Road W

$699,999

New
28d
Detached2-Storey

1693 River Road W, Wasaga Beach

Total Monthly Obligation $3,519

HausQ Valuation Report
Beds
3
Baths
3
Park
6
Sqft
1500-2000
DOM
28d
Score
65
Yield
9.0%
Cash on Cash
15.5%
Cap Rate
7.9%
5Y IRR
28.2%
10Y IRR
25.4%
Property Type-Detached
MLS® Number-S13832594
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-100 × 150 ft
Listed on site-Sep 25, 2026
Style-2-Storey
Building Type-Detached
Age-51-99
Taxes-$3,847 (2025)
Parking-8 - Attached
Basement-Crawl Space
Heating-Baseboard (Electric)
Brokerage-RE/MAX By The Bay Brokerage
Cooling-None
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Shingle , Stone
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-flexible
Neighbourhood-Wasaga Beach
Title-Residential Freehold

No agent assigned

Welcome to this spacious 3-bedroom, 3-bathroom two-storey home on a generous 100 x 150 corner lot in a great location close to parks, trails, public transit, the beach and shopping. The main floor offers a comfortable open-concept living and dining space, with the living room featuring a gas fireplace and walk-out to the large, fully fenced backyard. The kitchen has a separate breakfast area and flows into the family room, which also offers a walk-out to the yard. Upstairs, you'll find three bedrooms, including a spacious primary bedroom with a walk-in closet, 4-piece ensuite and its own impressive private deck. There's also a sauna, offering a relaxing space to unwind at the end of the day. Outside, the large circular driveway provides plenty of parking, while the detached double-car garage with mezzanine offers excellent space for storage, hobbies and all your recreational gear.

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

Closing Costs

Mortgage Amount
$559,999
Land Transfer Taxes$10,475
Legal Fees (Est.)
$
Total cash required for closing$151,975

Total Monthly Obligation

$3,519/mo
Mortgage $2,824
Monthly Loss $2,776
Principal$743
Interest$2,081
Property Tax$321
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
6.9%61
Cash-on-Cash
9.4%46
5-Year IRR
23.4%97
10-Year IRR
21.5%
Returns Index
69.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeB
65/ 100
Fair•Hold / Negotiate

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$62,700/yr
NOI
$48,083/yr
Net Cash Flow
$1,183/mo
Cash Margin
22.6%82
Cash Flow Index
82.2/ 100
Risk Profile
Weight: 20%
DSCR
1.4266
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
42.5/ 100

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

Comparables

Properties near 1693 River Road W

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.