31 Greenway Drive, Wasaga Beach

$409,000
31 Greenway Drive

$409,000

New
9d
Att/Row/TownhouseBungalow

31 Greenway Drive, Wasaga Beach

Total Monthly Obligation $2,207

Beds
2
Baths
2
Park
1
Sqft
1100-1500
DOM
9d
Score
27
Yield
6.7%
Cash on Cash
4.8%
Cap Rate
5.6%
5Y IRR
19.4%
10Y IRR
17.8%
Property Type-Att/Row/Townhouse
MLS® Number-S14031410
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Listed on site-Oct 14, 2026
Style-Bungalow
Building Type-Att/Row/Townhouse
Taxes-$2,188.7 (2025)
Parking-2 - Attached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 PERCY FULTON LTD.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-Community
Facing-East
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-Wasaga Beach
Title-Residential Freehold

No agent assigned

WASAGA BEACH!! Wasaga Beach is a popular resort town & home of the world's longest freshwater beach, spanning over 14 kilometers along the southern shores of Georgian Bay, Ontario. Located abour 2 hours north of Toronto. Tons to do: water & beach activities, trails to explore, attractions & recreation to join. Wasaga Beach is currently undergoing a massive transformation from a seasonal summer destination to a year-round global attraction. Growth for retail, schools, jobs and property investment. 31 Greeneway Dr is located in an adult community managed by Parkbridge. There's a clubhouse, outdoor swimming pool, 9-hole golf course, and trails. Minutes to downtown amenities. 31 Greenway Dr offers spacious living with an open-concept kitchen, living room with a cozy fireplace, & Dinning room. 2 split-plan bedrooms with large windows and closets. Laundry, 2 baths and garage access. This townhouse is on one level. The crawl space houses the furnace & hot water tank. Wait, there's more....the porch is relaxing and the back deck is large and offers greenspace/trees. 2 areas to enjoy your morning coffee or meals while taking in the beauty of nature! Come live here and make new friends golfing, swimming or join the party in the common areas.

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

Closing Costs

Mortgage Amount
$327,200
Land Transfer Taxes$4,655
Legal Fees (Est.)
$
Total cash required for closing$87,955

Total Monthly Obligation

$2,207/mo
Mortgage $1,650
Monthly Loss $1,773
Principal$434
Interest$1,216
Property Tax$182
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-2.0%5
5-Year IRR
14.2%66
10-Year IRR
13.9%
Returns Index
34.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
27/ 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
$27,504/yr
NOI
$18,065/yr
Net Cash Flow
-$144/mo
Cash Margin
-6.3%1
Cash Flow Index
1.4/ 100
Risk Profile
Weight: 20%
DSCR
0.9121
LTV Ratio
80.0%18
Vacancy Buffer
4.3 mo74
Risk Index
37.6/ 100

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

Comparables

Properties near 31 Greenway Drive

Time

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