85 Theme Park Drive 242, Wasaga Beach

$52,900
85 Theme Park Drive 242

$52,900

New
14d
DetachedBungalow

85 Theme Park Drive 242, Wasaga Beach

Total Monthly Obligation $588

Beds
2
Baths
1
Park
2
Sqft
< 700
DOM
14d
Score
85
Yield
42.0%
Cash on Cash
154.8%
Cap Rate
37.9%
5Y IRR
158.3%
10Y IRR
157.1%
Property Type-Detached
MLS® Number-S13884748
Beds-2
Bathrooms-1
Size-< 700 sqft
Listed on site-Oct 9, 2026
Style-Bungalow
Building Type-Detached
Parking-2 - None
Basement-None
Heating-Forced Air (Propane)
Brokerage-RE/MAX By The Bay Brokerage
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-Community, Inground, Outdoor, Indoor
Facing-East
Exterior-Vinyl Siding
Roof-Membrane
Foundation-Post & Pad
Sewer-Sewer
Possession-Immediate
Neighbourhood-Wasaga Beach
Title-Residential Freehold

No agent assigned

Welcome to your own Wasaga Beach getaway at Wasaga CountryLife Resort, a sought-after gated seasonal community just minutes from the beautiful sandy shores of Georgian Bay!This well-designed Forest River 270BHN offers an inviting and functional layout with comfortable sleeping accommodations, a fully equipped kitchen, dining and living areas, bathroom and plenty of storage. It's an ideal retreat for family weekends, summer vacations or simply escaping to the beach whenever the mood strikes.The real attraction is the lifestyle! Wasaga CountryLife Resort is a family-friendly community offering an impressive selection of recreational amenities, including five pools with an indoor pool, tennis and pickleball courts, mini golf, basketball, ball hockey, beach volleyball, playgrounds, recreation facilities, Kids Club programming and walking areas. Best of all, the famous sandy shoreline of Wasaga Beach is just a short walk away.Wasaga Beach is also experiencing exciting growth and investment as it continues to evolve into a vibrant four-season community. Major public and private investments are bringing new infrastructure, businesses, healthcare, schools and community amenities to the area, while the ongoing transformation of the beachfront is creating new public spaces, restaurants, shops, accommodations and residential opportunities.Whether your perfect day means relaxing poolside, walking the beach, enjoying resort activities or exploring everything Georgian Bay has to offer, this property provides an affordable opportunity to enjoy the Wasaga Beach lifestyle in a growing community.Just bring your beach bag and start making memories!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$42,320
Land Transfer Taxes$265
Legal Fees (Est.)
$
Total cash required for closing$12,345

Total Monthly Obligation

$588/mo
Mortgage $213
Monthly Loss $532
Principal$56
Interest$157
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
29.3%100
Cash-on-Cash
113.6%100
5-Year IRR
119.2%100
10-Year IRR
117.5%
Returns Index
100.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeA
85/ 100
Good•Buy

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$22,200/yr
NOI
$15,480/yr
Net Cash Flow
$1,077/mo
Cash Margin
58.2%100
Cash Flow Index
100.0/ 100
Risk Profile
Weight: 20%
DSCR
6.05100
LTV Ratio
80.0%18
Vacancy Buffer
14.7 mo100
Risk Index
72.7/ 100

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

Comparables

Properties near 85 Theme Park Drive 242

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.