77 Pennsylvania Avenue, Wasaga Beach

$559,900
77 Pennsylvania Avenue

$559,900

New
4d
DetachedBungalow

77 Pennsylvania Avenue, Wasaga Beach

Total Monthly Obligation $2,633

Beds
2
Baths
2
Park
2
Sqft
1500-2000
DOM
4d
Score
28
Yield
6.1%
Cash on Cash
5.1%
Cap Rate
5.7%
5Y IRR
19.6%
10Y IRR
17.9%
Property Type-Detached
MLS® Number-S14097020
Beds-2
Bathrooms-2
Size-1500-2000 sqft
Listed on site-Oct 19, 2026
Style-Bungalow
Building Type-Detached
Parking-3.5 - Attached
Basement-Crawl Space
Heating-Forced Air (Gas)
Brokerage-Royal LePage Locations North
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Wasaga Beach
Title-Residential Freehold

No agent assigned

Welcome to one of the largest and most lovingly cared-for homes in this sought-after 55+ adult lifestyle community. Offered for the first time by the original owners, this ranch bungalow lives entirely on one level with no stairs. Originally built as an expanded version of the community's model home, it offers more square footage than most and sits on a rare pie-shaped lot giving you added privacy. Inside you will find a large eat-in kitchen with breakfast bar and stainless steel appliances + gas stove, flowing into a spacious living room with surround sound. The sunroom offers a walk-out to the back patio and with a Murphy bed setup. Two oversized bedrooms include a primary suite with private ensuite and a large walk-in closet, while the second bedroom offers great closet space and fits king bed plus sitting room. A second full bathroom with in-closet laundry adds convenience, and a crawl space accessed through the primary bedroom closet provides extra storage. Outside, the covered, screened-in front porch is a true standout. Featuring remote-controlled screens that raise and lower at the touch of a button, it is the perfect spot to spend your mornings with a cup of coffee and your evenings winding down outdoors, bug free and sheltered from the sun and rain. Enjoy the fresh air in every season without ever swatting a mosquito. The 1.5 car garage offers inside entry, and the driveway fits two additional vehicles.The clubhouse is the heart of the neighbourhood, hosting dinners, dances, themed parties, and community barbecues. Social calendars stay full with card tournaments (Euchre, Bridge, Poker, and Cribbage), billiards, darts and craft groups. For those staying active, you will find line dancing, aerobics, aquasize classes and fitness rooms, all just steps from your front door. Ideal for downsizers, snowbirds and anyone ready to trade yard work and stairs for friendship, fitness and fun in a welcoming community where every day feels like a getaway.

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

Closing Costs

Mortgage Amount
$447,920
Land Transfer Taxes$7,673
Legal Fees (Est.)
$
Total cash required for closing$121,153

Total Monthly Obligation

$2,633/mo
Mortgage $2,258
Monthly Loss $2,039
Principal$594
Interest$1,664
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.7%34
Cash-on-Cash
-0.6%7
5-Year IRR
15.1%72
10-Year IRR
14.6%
Returns Index
38.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
28/ 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
$34,272/yr
NOI
$26,345/yr
Net Cash Flow
-$63/mo
Cash Margin
-2.2%3
Cash Flow Index
3.1/ 100
Risk Profile
Weight: 20%
DSCR
0.9725
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
34.9/ 100

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

Comparables

Properties near 77 Pennsylvania Avenue

Time

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