8 Middleport Drive, Wasaga Beach

$750,000
8 Middleport Drive

$750,000

New
24d
DetachedBungalow-Raised

8 Middleport Drive, Wasaga Beach

Total Monthly Obligation $3,762

Beds
4
Baths
3
Park
2
Sqft
1500-2000
DOM
24d
Score
17
Yield
4.1%
Cash on Cash
-6.6%
Cap Rate
3.2%
5Y IRR
10.4%
10Y IRR
10.5%
Property Type-Detached
MLS® Number-S13838978
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-55.81 × 117.52 ft
Listed on site-Sep 29, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$4,346 (2025)
Parking-4 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX By The Bay Brokerage
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Brick Front, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Wasaga Beach
Title-Residential Freehold

No agent assigned

This 4-bedroom, 3-bathroom Wasaga Beach home offers over 3,000 sq. ft. of finished living space and a flexible layout that works for families, retirees or those looking to downsize without giving up space. The open-concept main floor brings the family room, dining area and kitchen together, creating a comfortable space for everyday living and entertaining. A convenient walkout leads to the two-tier deck and gazebo, where you can enjoy outdoor dining, entertain family and friends or simply relax in the backyard. There are 3 bedrooms on the main floor, giving you plenty of options. Use them all as bedrooms, or create a home office, TV den or hobby room to suit your lifestyle. The finished basement adds even more living space, with a cozy rec room, additional bedroom and bathroom. A large workshop is ideal for projects and hobbies, but also offers the potential for another bedroom or additional finished living space. There is also plenty of storage. A spacious double garage with inside entry adds everyday convenience. Located in a quiet residential neighbourhood with a mix of families, couples and retirees. Nearby trails and green space are ideal for walking and cycling in summer, with snowshoeing, cross-country skiing and snowmobiling to enjoy in winter. Stonebridge Town Centre, including Walmart, Boston Pizza, Tim Hortons and other shops and services, is about 5 minutes away. Beach Area 1 is also just a few minutes from home, with the ongoing beachfront redevelopment bringing new commercial, hotel and public spaces to this iconic part of Wasaga Beach. A spacious and adaptable home that can change with your lifestyle for years to come.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$600,000
Land Transfer Taxes$11,475
Legal Fees (Est.)
$
Total cash required for closing$162,975

Total Monthly Obligation

$3,762/mo
Mortgage $3,025
Monthly Loss $2,966
Principal$796
Interest$2,229
Property Tax$362
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-11.0%1
5-Year IRR
7.0%18
10-Year IRR
8.2%
Returns Index
10.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$30,456/yr
NOI
$18,564/yr
Net Cash Flow
-$1,478/mo
Cash Margin
-58.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
21.6/ 100

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

Comparables

Properties near 8 Middleport Drive

Time

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