12 Cardinal Way, Wasaga Beach

$690,000
12 Cardinal Way

$690,000

Price Change
15d
DetachedBungalow-Raised

12 Cardinal Way, Wasaga Beach

Total Monthly Obligation $3,426

Beds
4
Baths
2
Park
4
Sqft
700-1100
DOM
15d
Score
18
Yield
4.4%
Cash on Cash
-4.8%
Cap Rate
3.6%
5Y IRR
11.8%
10Y IRR
11.6%
Property Type-Detached
MLS® Number-S13877186
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-50.03 × 115.79 ft
Listed on site-Oct 8, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$3,216.91 (2026)
Parking-5 - Attached
Basement-Finished
Heating-Forced Air (Gas)
Brokerage-RE/MAX EXCEL REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-Living Room
Pool-None
Facing-North
Exterior-Brick, Stone
Roof-Metal
Foundation-Concrete
Sewer-Sewer
Possession-Tbd.
Neighbourhood-Wasaga Beach
Title-Residential Freehold

No agent assigned

Beautiful 2+2 Bedrooms Raised Full Brick and Stone Bungalow in Popular Pine Valley Estates in Wasaga Beach, Offers a Total 2044 Sq Ft of Living Space, Basement Included. This Home Features: 9 Foot Ceilings, Freshly Painted, Eat-in Kitchen with Walkout to Deck with lots of Enclosed Storage Underneath, Spacious Foyer With Separate Entrances to Main Floor, Basement and to Garage, Open Concept, Newer Laundry Utilities on the Main level, Laminate Floors, Fenced Yard Backing Into Mature Trees, Metal Roof 2018 with Warrantee 55 years, Air Conditioner 2021 with Warranty Until 2033, Possibility of a Separate Basement Apartment if a Sink in the Kitchen is Built, Ideal Location with just a Short Walk to the Beach(Beach 5-6) and Multi-purpose Recreation Facility (RecPlex), Community Centre, tennis courts, elementary school 3 min from the house, grocery store SuperStore, Shoppers, Canadian Tire and other amenities. Short drive to Stayner, Collingwood, and Fabulous Blue Mountain, 2 Min Walking Distance To Worsely Elementary School, A Must See.

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

Closing Costs

Mortgage Amount
$552,000
Land Transfer Taxes$10,275
Legal Fees (Est.)
$
Total cash required for closing$149,775

Total Monthly Obligation

$3,426/mo
Mortgage $2,783
Monthly Loss $2,694
Principal$732
Interest$2,051
Property Tax$268
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.8%17
Cash-on-Cash
-9.4%1
5-Year IRR
8.2%24
10-Year IRR
9.2%
Returns Index
13.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
18/ 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
$30,168/yr
NOI
$19,434/yr
Net Cash Flow
-$1,164/mo
Cash Margin
-46.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.586
LTV Ratio
80.0%18
Vacancy Buffer
2.8 mo46
Risk Index
23.7/ 100

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

Comparables

Properties near 12 Cardinal Way

Time

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