511 Oxbow Park Drive, Wasaga Beach

$488,000
511 Oxbow Park Drive

$488,000

Price Change
26d
DetachedBungalow

511 Oxbow Park Drive, Wasaga Beach

Total Monthly Obligation $2,573

Beds
3
Baths
1
Park
6
Sqft
700-1100
DOM
26d
Score
23
Yield
5.8%
Cash on Cash
0.9%
Cap Rate
4.8%
5Y IRR
16.3%
10Y IRR
15.2%
Property Type-Detached
MLS® Number-S13833198
Beds-3
Bathrooms-1
Size-700-1100 sqft
Lot Size-100 × 105.67 ft
Listed on site-Sep 27, 2026
Style-Bungalow
Building Type-Detached
Taxes-$2,755 (2025)
Parking-6 - None
Basement-None, Crawl Space
Heating-Forced Air (Gas)
Brokerage-RE/MAX Four Seasons Realty Limited
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Wasaga Beach
Title-Residential Freehold

No agent assigned

Charming Renovated Bungalow on an Impressive Premium 100 x 105 Ft Lot Backing Onto Batteau Park! Whether you're a first-time buyer, retiree, investor, or searching for the perfect four-season cottage retreat, this beautifully renovated 3-bedroom bungalow offers exceptional value, comfort, and future potential. Situated in a quiet, tree-lined neighbourhood steps from the Nottawasaga River and just minutes from the world's longest freshwater beach, this move-in-ready home features a bright, open-concept layout designed for both everyday living and effortless entertaining. The updated kitchen flows seamlessly into the inviting living area, highlighted by modern flooring, stylish pot lights, vaulted ceiling and the convenience of in-suite laundry. Step outside to enjoy an oversized front deck and a spacious rear deck overlooking the fully fenced, landscaped backyard that backs directly onto the spacious park-offering peaceful views and no neighbours behind. It's the perfect setting for relaxing, entertaining, or spending quality time with family and friends. This property also presents exciting future development, and investment potential~ garage/ severance to create 2 lots and build 2 homes (Buyers encouraged to complete their own due diligence). Ideally located close to boating, kayaking, fishing, scenic walking trails, golf, shopping (Costco opening Fall of 2026), restaurants, and all the attractions that make Wasaga Beach one of Ontario's most desirable year-round destinations, this home delivers the perfect balance of lifestyle, convenience, and opportunity. Whether you're looking for your first home, a full-time residence, a weekend escape, or an income-producing investment, this charming bungalow is a rare opportunity you won't want to miss. Easy commute to Barrie, Alliston, Collingwood~ Book your private showing today!

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

Closing Costs

Mortgage Amount
$390,400
Land Transfer Taxes$6,235
Legal Fees (Est.)
$
Total cash required for closing$105,335

Total Monthly Obligation

$2,573/mo
Mortgage $1,968
Monthly Loss $2,055
Principal$518
Interest$1,450
Property Tax$230
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-5.0%2
5-Year IRR
11.7%48
10-Year IRR
11.9%
Returns Index
24.9/ 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
$28,440/yr
NOI
$18,341/yr
Net Cash Flow
-$440/mo
Cash Margin
-18.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo64
Risk Index
31.7/ 100

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

Comparables

Properties near 511 Oxbow Park Drive

Time

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Data last updated within the past 24 hours.