56 Amber Drive, Wasaga Beach

$875,000
56 Amber Drive

$875,000

New
4d
Detached2-Storey

56 Amber Drive, Wasaga Beach

Total Monthly Obligation $3,905

Beds
4
Baths
4
Park
2
Sqft
2500-3000
DOM
4d
Score
18
Yield
3.9%
Cash on Cash
-4.4%
Cap Rate
3.6%
5Y IRR
12.1%
10Y IRR
11.8%
Property Type-Detached
MLS® Number-S14094678
Beds-4
Bathrooms-4
Size-2500-3000 sqft
Lot Size-53.54 × 120.94 ft
Listed on site-Oct 19, 2026
Style-2-Storey
Building Type-Detached
Age-New
Parking-4 - Detached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX By The Bay Brokerage
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Brick, Stone
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Vacant
Neighbourhood-Wasaga Beach
Title-Residential Freehold

No agent assigned

NEW HST REBATE PRICING! Welcome to the Redwood Model Elevation A by Baycliffe Communities, offering approximately 2,938 sq. ft. of thoughtfully designed living space in the final and most recently completed phase of The Villas of Upper Wasaga. Situated on a premium lot backing onto parkland and trails with no direct rear neighbours, this all-brick and stone home offers a spacious layout and a peaceful natural setting. The bright open-concept main floor features hardwood flooring throughout, a formal living and dining area, a spacious family room with impressive two-storey ceilings, and a well-appointed kitchen with extensive cabinetry, generous counter space, and a breakfast area overlooking the backyard. Upstairs, a versatile loft provides additional living space ideal for a reading area, home office, or family room. The spacious primary bedroom features dual walk-in closets and a 5-piece ensuite complete with a freestanding soaker tub and glass shower. Bedroom 2 enjoys its own private ensuite, while Bedrooms 3 and 4 share a convenient Jack-and-Jill bathroom. Additional features include central air conditioning, black-framed windows, a man door from the garage, and an unfinished basement with bathroom rough-in, cold cellar, and excellent potential for future living space. Located in the highly sought-after Wasaga Sands neighbourhood, this home is just minutes from trails, schools, shopping, and the World's longest freshwater beach, with Collingwood and Blue Mountain only a short drive away for year-round recreation.

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

Closing Costs

Mortgage Amount
$700,000
Land Transfer Taxes$13,975
Legal Fees (Est.)
$
Total cash required for closing$190,475

Total Monthly Obligation

$3,905/mo
Mortgage $3,530
Monthly Loss $2,976
Principal$929
Interest$2,601
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.0%18
Cash-on-Cash
-8.5%1
5-Year IRR
8.8%28
10-Year IRR
9.6%
Returns Index
15.2/ 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
$34,344/yr
NOI
$26,410/yr
Net Cash Flow
-$1,329/mo
Cash Margin
-46.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.628
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo40
Risk Index
21.8/ 100

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

Comparables

Properties near 56 Amber Drive

Time

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