178 Dyer Drive, Wasaga Beach

$590,000
178 Dyer Drive

$590,000

New
15d
DetachedBungalow-Raised

178 Dyer Drive, Wasaga Beach

Total Monthly Obligation $3,040

Beds
3
Baths
3
Park
2
Sqft
700-1100
DOM
15d
Score
19
Yield
4.7%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Detached
MLS® Number-S13876740
Beds-3
Bathrooms-3
Size-700-1100 sqft
Lot Size-42.88 × 135 ft
Listed on site-Oct 8, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-16-30
Taxes-$3,424.85 (2026)
Parking-3 - Attached
Basement-Full, Finished
Heating-Forced Air (Gas)
Brokerage-PARKER COULTER REALTY BROKERAGE INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-South
Exterior-Brick Front, Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Wasaga Beach
Title-Residential Freehold

No agent assigned

Welcome to 178 Dyer Drive, a beautifully maintained and thoughtfully updated family home in Wasaga Beach! Immaculate throughout, this spacious home offers a functional open-concept layout with plenty of room for family and friends. The inviting living room features a cozy gas fireplace and flows into a separate dining area, while the bright kitchen offers quartz countertops, stainless steel appliances, updated flooring, an informal dining nook, and a walkout to the brand-new deck overlooking the beautifully landscaped yard. The spacious main-floor primary bedroom is a true retreat, complete with a fully renovated 4-piece ensuite and new flooring. A second main-floor bathroom adds convenience for family and guests. The finished lower level provides even more living space with two additional bedrooms, a large family room, fully finished laundry room, utility area, bonus room, and a third bathroom with an added shower perfect for extended family, guests, or a growing family. Outside, enjoy the meticulously landscaped and fully fenced yard, enhanced by an upgraded sprinkler system designed to cover the entire property. The new deck provides an ideal space for outdoor entertaining, while the new garage door and patio sliding door add to the home's recent improvements. The asphalt shingle roof was replaced in 2015. With extensive updates, generous living space, beautiful landscaping, and a convenient Wasaga Beach location, this exceptional home is move-in ready and waiting for its next family to call it home!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$472,000
Land Transfer Taxes$8,275
Legal Fees (Est.)
$
Total cash required for closing$127,775

Total Monthly Obligation

$3,040/mo
Mortgage $2,380
Monthly Loss $2,414
Principal$626
Interest$1,754
Property Tax$285
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.3%1
5-Year IRR
8.3%25
10-Year IRR
9.3%
Returns Index
13.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$27,480/yr
NOI
$16,807/yr
Net Cash Flow
-$979/mo
Cash Margin
-42.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.597
LTV Ratio
80.0%18
Vacancy Buffer
3.2 mo53
Risk Index
26.1/ 100

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

Comparables

Properties near 178 Dyer Drive

Time

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