4 Beck Boulevard 307, Penetanguishene

$607,777
4 Beck Boulevard 307

$607,777

New
15d
Condo ApartmentApartment

4 Beck Boulevard 307, Penetanguishene

Total Monthly Obligation $3,818

Beds
2
Baths
2
Park
1
Sqft
1600-1799
DOM
15d
Score
26
Yield
8.5%
Cash on Cash
5.6%
Cap Rate
5.8%
5Y IRR
20.1%
10Y IRR
18.3%
Property Type-Condo Apartment
MLS® Number-S13875184
Beds-2
Bathrooms-2
Size-1600-1799 sqft
Listed on site-Oct 8, 2026
Style-Apartment
Building Type-Condo Apartment
Age-16-30
Taxes-$4,839 (2025)
Maintenance-$763/mo
Locker-Owned
Parking-2 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX Georgian Bay Realty Ltd
Cooling-Central Air
Laundry-Yes
Fireplace-Natural Gas
Pool-None
Exterior-Brick
Possession-Flexible
Neighbourhood-Penetanguishene
Title-Residential Condo & Other

No agent assigned

Welcome to Bayside Estates! This stunning corner end unit is one of the largest in the building, offering over 1,600 sq ft of bright, spacious living with windows on three sides, including beautiful views of Georgian Bay. Enjoy the scenery from your private balcony or take advantage of your exclusive dock slip (#42) for direct water access-perfect for boating enthusiasts. Inside, this 2-bedroom, 2-bathroom condo features an open-concept kitchen, living, and dining area centered around a cozy three-sided gas fireplace, creating a warm and inviting atmosphere. Additional highlights include underground parking, an owned outdoor parking space, locker storage, elevators, a common library, exercise room, and a rooftop patio with panoramic views. Ideally located within walking distance to amenities, this well-maintained unit offers a rare opportunity to enjoy waterfront living with convenience and comfort.

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

Closing Costs

Mortgage Amount
$499,836($13,614 CMHC)
Land Transfer Taxes$8,631
Legal Fees (Est.)
$
Total cash required for closing$131,686

Total Monthly Obligation

$3,887/mo
Mortgage $2,520
Monthly Loss $3,223
Principal$663
Interest$1,857
Property Tax$403
Condo Fees$763
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
4.9%37
Cash-on-Cash
-0.3%7
5-Year IRR
14.6%68
10-Year IRR
15.0%
Returns Index
37.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
26/ 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
$51,360/yr
NOI
$29,829/yr
Net Cash Flow
-$35/mo
Cash Margin
-0.8%4
Cash Flow Index
4.1/ 100
Risk Profile
Weight: 20%
DSCR
0.9926
LTV Ratio
82.2%14
Vacancy Buffer
2.4 mo39
Risk Index
26.2/ 100

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

Comparables

Properties near 4 Beck Boulevard 307

Time

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Data last updated within the past 24 hours.