2 Alexandra Lane, Wasaga Beach

$980,000
2 Alexandra Lane

$980,000

New
3d
DetachedBungalow-Raised

2 Alexandra Lane, Wasaga Beach

Total Monthly Obligation $4,782

Beds
5
Baths
3
Park
6
Sqft
1500-2000
DOM
3d
Score
16
Yield
3.5%
Cash on Cash
-8.7%
Cap Rate
2.7%
5Y IRR
8.8%
10Y IRR
9.3%
Property Type-Detached
MLS® Number-S14099438
Beds-5
Bathrooms-3
Size-1500-2000 sqft
Lot Size-96.56 × 270.73 ft
Listed on site-Oct 20, 2026
Style-Bungalow-Raised
Building Type-Detached
Age-16-30
Taxes-$5,443.06 (2026)
Parking-8 - Attached
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Cooling-Central Air
Laundry-No
Fireplace-Natural Gas
Pool-Other
Facing-North
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-Wasaga Beach
Title-Residential Freehold

No agent assigned

Welcome to this beautiful 3+2 Bedroom, 3 bath executive home in the coveted Wasaga Sands Estates neighbourhood. With approximately 3000 sq ft of total finished living space, plus a 575sq ft heated and insulated 2 car garage, enjoy a country feel, only minutes from walking trail sand the longest fresh water beach in the world. Park your car in the oversized heated double car garage, walk inside and through the mudroom, into an open concept, spacious living area featuring vaulted ceilings, a cozy gas fireplace and a gorgeous kitchen with upgraded maple cabinets and large island. Step outside to your deck and backyard oasis, featuring a luxuriouslarge spa swim pool and separate hot tub contained in a year round usable custom structure, perfect for exercise, soaking or simply relaxing. There is also plenty of room to play or takein nature in this deep backyard retreat with mature trees at the back. This beautiful home also has a large finished lower level with an additional bedroom and bathroom for guests or family. Minutes to Wasaga shops and restaurants, this location and home has it all. A rare opportunity!

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$784,000
Land Transfer Taxes$16,075
Legal Fees (Est.)
$
Total cash required for closing$213,575

Total Monthly Obligation

$4,782/mo
Mortgage $3,953
Monthly Loss $3,741
Principal$1,040
Interest$2,913
Property Tax$454
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.2%13
Cash-on-Cash
-12.4%0
5-Year IRR
5.8%14
10-Year IRR
7.4%
Returns Index
8.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$34,656/yr
NOI
$21,247/yr
Net Cash Flow
-$2,182/mo
Cash Margin
-75.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.454
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo32
Risk Index
17.9/ 100

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

Comparables

Properties near 2 Alexandra Lane

Time

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