1864 Shore Lane, Wasaga Beach

$1,249,900
1864 Shore Lane

$1,249,900

New
16d
DetachedBungalow

1864 Shore Lane, Wasaga Beach

Total Monthly Obligation $5,801

Beds
3
Baths
1
Park
2
Sqft
< 700
DOM
16d
Score
14
Yield
2.0%
Cash on Cash
-14.6%
Cap Rate
1.4%
5Y IRR
4.2%
10Y IRR
5.9%
Property Type-Detached
MLS® Number-S13872876
Beds-3
Bathrooms-1
Size-< 700 sqft
Lot Size-70.9 × 225.01 ft
Listed on site-Oct 7, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,611.33 (2026)
Parking-2 - None
Basement-None
Heating-Other (Other)
Brokerage-Royal LePage Locations North
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Wood
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-Flexible
Neighbourhood-Wasaga Beach
Title-Residential Freehold

No agent assigned

BUILD YOUR DREAM HOME on the most desirable stretch of shoreline in Wasaga. This lot is simply in a league of its own, as it is tucked along what many locals will tell you is the finest sandy beach in town, this large, private 70 x 225 ft waterfront lot delivers the kind of soft-sand, shallow-entry swimming you usually have to travel much farther to find. The current 3-bedroom, 3-piece bath cottage has that authentic, unplug-and-slow-down feel: worn-in, easy, and full of good summers, ready to serve up a few more seasons of bonfires and lazy afternoons exactly as it is. But the real story here is the land, a deep parcel with direct (48.25 ft) frontage on some of the softest, cleanest sand in Wasaga, and sweeping views across the Bay toward Collingwood and the Blue Mountains. With that kind of depth and width, there's tremendous flexibility to design a substantial custom new build, a four-season home, or a legacy family retreat with room to spare for a garage, guest suite, or outdoor living space, all tucked into a quiet, established pocket just minutes to shops, dining, and ski country. Waterfront like this on Georgian Bay doesn't come up often, and it isn't being made again, so whether you keep the cottage character or design something entirely your own, this is a rare chance to plant roots on one of the best beaches Wasaga has to offer.

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

Closing Costs

Mortgage Amount
$999,920
Land Transfer Taxes$21,473
Legal Fees (Est.)
$
Total cash required for closing$272,953

Total Monthly Obligation

$5,801/mo
Mortgage $5,042
Monthly Loss $4,474
Principal$1,327
Interest$3,715
Property Tax$384
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.1%8
Cash-on-Cash
-17.6%0
5-Year IRR
1.9%5
10-Year IRR
4.4%
Returns Index
3.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$24,900/yr
NOI
$13,299/yr
Net Cash Flow
-$3,934/mo
Cash Margin
-189.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.222
LTV Ratio
80.0%18
Vacancy Buffer
1.7 mo26
Risk Index
15.3/ 100

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

Comparables

Properties near 1864 Shore Lane

Time

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