128 Village Gate Drive, Wasaga Beach

$678,000
128 Village Gate Drive

$678,000

New
20d
Detached2-Storey

128 Village Gate Drive, Wasaga Beach

Total Monthly Obligation $3,451

Beds
4
Baths
3
Park
1
Sqft
1500-2000
DOM
20d
Score
20
Yield
5.1%
Cash on Cash
-2.3%
Cap Rate
4.1%
5Y IRR
13.7%
10Y IRR
13.2%
Property Type-Detached
MLS® Number-S13859312
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-31.99 × 100.89 ft
Listed on site-Oct 3, 2026
Style-2-Storey
Building Type-Detached
Age-0-5
Taxes-$4,096.75 (2025)
Parking-2 - Built-In
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-HOMELIFE/BAYVIEW REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate/TBD
Neighbourhood-Wasaga Beach
Title-Residential Freehold

No agent assigned

**NO**POTL FEES = monthly savings $$** Welcome to a true freehold home in Georgian Sands Golf course community with premium lot facing the golf course and pond. This MOVE-IN ready tranquil home is a rare gem, beautiful 4-beds, 3-baths offers contemporary, bright and spacious open concept w/9ft ceiling on main, upgraded kitchen featuring Quartz counter top, modern under-mount sink and hardware, custom tile backsplash, under-cabinet lighting and built-in microwave. Custom feature wall and upgraded flooring throughout the home with no carpet in sight with premium hardwood staircase designed for entertaining or relaxing. AC & water softener are included for your comfort along with all ELFs &window covering. Washer&dryer conveniently located on 2nd & custom closet in primary. Basement is equipped with rough-in and enlarged windows providing the perfect opportunity to create a customized space. Outdoor gas line for bbq hookup. This exceptional property is a must see as it is one of the few homes in the area w/o POTL FEES, adding to its unique appeal and pride of ownership.

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

Closing Costs

Mortgage Amount
$542,400
Land Transfer Taxes$10,035
Legal Fees (Est.)
$
Total cash required for closing$147,135

Total Monthly Obligation

$3,451/mo
Mortgage $2,735
Monthly Loss $2,732
Principal$720
Interest$2,015
Property Tax$341
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%21
Cash-on-Cash
-7.2%1
5-Year IRR
9.9%35
10-Year IRR
10.5%
Returns Index
18.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$34,344/yr
NOI
$22,313/yr
Net Cash Flow
-$875/mo
Cash Margin
-30.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.689
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
24.4/ 100

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

Comparables

Properties near 128 Village Gate Drive

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.