148 Union Boulevard, Wasaga Beach

$699,900
148 Union Boulevard

$699,900

New
7d
Detached2-Storey

148 Union Boulevard, Wasaga Beach

Total Monthly Obligation $3,651

Beds
4
Baths
3
Park
4
Sqft
2000-2500
DOM
7d
Score
18
Yield
4.8%
Cash on Cash
-4.2%
Cap Rate
3.7%
5Y IRR
12.3%
10Y IRR
12.0%
Property Type-Detached
MLS® Number-S14088282
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-43.31 × 109.91 ft
Listed on site-Oct 16, 2026
Style-2-Storey
Building Type-Detached
Taxes-$5,439 (2025)
Parking-6 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-KELLER WILLIAMS REFERRED URBAN REALTY
Cooling-None
Laundry-No
Fireplace-Electric, Family Room
Pool-None
Facing-West
Exterior-Stone, Wood
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-TBD
Neighbourhood-Wasaga Beach
Title-Residential Freehold

No agent assigned

Experience modern living in the sought-after River's Edge community of Wasaga Beach with this stunning, move-in-ready Bowers Model by Zancor Homes! Built in 2023. Situated on a premium 43' x 109' lot, this beautifully upgraded 4-bedroom, 3-bathroom home offers 2,218 sq. ft. of finished living space, with a future neighbourhood park directly across the street and a brand-new elementary school just a 3-minute walk away. The thoughtfully designed interior features wide-plank engineered hardwood flooring, upgraded lighting, porcelain tile, and a stylish kitchen complete with deluxe cabinetry, quartz countertops, a double undermount sink, and LG appliances. The luxurious primary ensuite boasts a freestanding soaker tub and glass-enclosed shower with upgraded tile finishes. An additional 1,020 sq. ft. unfinished basement with large windows and a 3-piece bathroom rough-in offers endless possibilities for future living space. Additional highlights include 200-amp electrical service, a tankless water heater, HRV system, EV charger rough-in in the garage, energy-efficient windows, elegant double front doors, and full Tarion New Home Warranty coverage. Just minutes from the world-famous shores of Wasaga Beach, the Nottawasaga River, shopping, Collingwood, and Blue Mountain, this exceptional home offers the perfect combination of modern comfort, convenience, and family-friendly living. Don't miss your opportunity to call this beautiful property home!

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

Closing Costs

Mortgage Amount
$559,920
Land Transfer Taxes$10,473
Legal Fees (Est.)
$
Total cash required for closing$151,953

Total Monthly Obligation

$3,651/mo
Mortgage $2,823
Monthly Loss $2,909
Principal$743
Interest$2,080
Property Tax$453
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%18
Cash-on-Cash
-9.0%1
5-Year IRR
8.6%27
10-Year IRR
9.5%
Returns Index
14.5/ 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
$33,720/yr
NOI
$20,409/yr
Net Cash Flow
-$1,122/mo
Cash Margin
-39.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo43
Risk Index
22.7/ 100

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

Comparables

Properties near 148 Union Boulevard

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.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.