48 Wesley Avenue, Wasaga Beach

$665,000
48 Wesley Avenue

$665,000

New
3d
DetachedBungalow-Raised

48 Wesley Avenue, Wasaga Beach

Total Monthly Obligation $3,332

Beds
4
Baths
3
Park
4
Sqft
700-1100
DOM
3d
Score
18
Yield
4.5%
Cash on Cash
-4.3%
Cap Rate
3.7%
5Y IRR
12.2%
10Y IRR
11.9%
Property Type-Detached
MLS® Number-S14100914
Beds-4
Bathrooms-3
Size-700-1100 sqft
Lot Size-49.86 × 159.4 ft
Listed on site-Oct 20, 2026
Style-Bungalow-Raised
Building Type-Detached
Taxes-$3,289 (2026)
Parking-5 - Attached
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-SUTTON GROUP INCENTIVE REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-West
Exterior-Vinyl Siding
Roof-Asphalt Shingle
Foundation-Concrete, Poured Concrete
Sewer-Sewer
Possession-FLEXIBLE
Neighbourhood-Wasaga Beach
Title-Residential Freehold

No agent assigned

Who needs a cottage when you have a home in the centre of it all! Live the ultimate lifestyle, sunrise walks, sand between your toes, summer days spent on the beach, crisp evenings by the fireside to winters exploring miles of groomed Nordic ski and snowmobile trails, all while enjoying your beautiful home situated on a quiet, safe, family-friendly, dead end street! Offering 2000 sq ft of finished living space, 2.2 bedrooms, 2.5 bathrooms, open main floor living with vaulted ceiling, oak hardwood flooring, high efficiency gas fireplace /built-in cabinets/custom seating & storage, freshly painted. The kitchen features custom two toned, soft close cabinets, SS appliances, granite counter tops, a prep island, french doors leading to covered deck , convenient gas BBQ hook-up. Private east facing backyard provides plenty of sunlight for morning coffees on deck, right off your primary bedroom! Newly constructed glass slider in primary bedroom that also features, laundry, an ensuite with a free standing soaker tub, walk-in shower, granite countertops. New vinyl flooring on lower level + updated 4pc bathroom, 2 bedrooms, family room, second kitchen, perfect for extended family visits or rental income potential. Lower level Laundry room/workshop/utility room. Water purification system. Bonus: Double door - drive through garage + inside entry access + rear paved parking perfect for RVs, boats, trucks, golf carts, trailer or workspace. Large 50 x 160 ft fully fenced backyard w/fire pit. Amazing location in East Wasaga Beach, within walking proximity to Beach area one, restaurants/shopping, new development, waterfront dining. Parks & nordic trails, library, New Catholic k-12 School with a community theatre, track & field facilities, childcare ( set to open Sept 2027! ) New Costco! Quick drive to Blue Mountain and Barrie.

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

Closing Costs

Mortgage Amount
$532,000
Land Transfer Taxes$9,775
Legal Fees (Est.)
$
Total cash required for closing$144,275

Total Monthly Obligation

$3,332/mo
Mortgage $2,682
Monthly Loss $2,626
Principal$706
Interest$1,977
Property Tax$274
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.9%17
Cash-on-Cash
-9.0%1
5-Year IRR
8.5%26
10-Year IRR
9.4%
Returns Index
14.2/ 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
$30,072/yr
NOI
$19,276/yr
Net Cash Flow
-$1,076/mo
Cash Margin
-42.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.607
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
24.3/ 100

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

Comparables

Properties near 48 Wesley Avenue

Time

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