35 B723 Island, The Archipelago

$550,000
35 B723 Island

$550,000

Price Change
84d
DetachedBungalow

35 B723 Island, The Archipelago

Total Monthly Obligation $2,752

Beds
5
Baths
2
Park
1
Sqft
1100-1500
DOM
84d
Score
20
Yield
4.9%
Cash on Cash
-2.0%
Cap Rate
4.1%
5Y IRR
13.9%
10Y IRR
13.3%
Property Type-Detached
MLS® Number-X13626198
Beds-5
Bathrooms-2
Size-1100-1500 sqft
Lot Size-267 × 295.66 ft
Listed on site-Jul 31, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$1,904 (2025)
Parking-1 - None
Basement-None
Heating-Baseboard (Other)
Brokerage-Cayman Marshall International Realty Inc.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Wood
Roof-Metal
Foundation-Piers
Sewer-Septic
Possession-Flexible
Neighbourhood-Archipelago
Title-Residential Freehold

No agent assigned

Set in a quiet, sheltered pocket of Georgian Bay, this exceptional island property offers one of the most compelling opportunities on the market. Featuring two cottages on one beautifully treed lot, it delivers the kind of flexibility today's buyers are searching for-perfect for hosting family and friends, accommodating multiple generations, or creating a private guest retreat while maintaining your own space.With 267 feet of waterfront, the property offers an ideal blend of privacy, usable shoreline, and effortless waterfront living. A gentle sandy beach provides easy access for children and swimmers, while the private dock is your gateway to exploring the endless beauty of Georgian Bay, from iconic granite shorelines and secluded anchorages to world-class boating and fishing.Life here is about slowing down and making the most of every season. Start your mornings with coffee overlooking the bay, spend the day on the water, and gather around the fire under a canopy of stars. Every detail of the setting invites you to relax, reconnect, and create lasting memories. Just a short boat ride from the marina, access is convenient while still offering the peaceful escape that makes island living so special. The moment you step into the boat, the pace changes and the stresses of everyday life fade away. Properties that offer this combination of two cottages, expansive waterfront, a family-friendly shoreline, and incredible value are becoming increasingly difficult to find. Whether you're looking for a turnkey family compound, a legacy property to enjoy for generations, or simply one of the best waterfront opportunities available at this price point, this is a property that deserves your attention. Boat included and slip available and paid for the 2026 season.

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

Closing Costs

Mortgage Amount
$440,000
Land Transfer Taxes$7,475
Legal Fees (Est.)
$
Total cash required for closing$118,975

Total Monthly Obligation

$2,752/mo
Mortgage $2,219
Monthly Loss $2,168
Principal$584
Interest$1,635
Property Tax$159
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.3%20
Cash-on-Cash
-7.4%1
5-Year IRR
9.8%34
10-Year IRR
10.4%
Returns Index
18.2/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 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
$27,000/yr
NOI
$17,896/yr
Net Cash Flow
-$727/mo
Cash Margin
-32.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.679
LTV Ratio
80.0%18
Vacancy Buffer
3.5 mo60
Risk Index
29.0/ 100

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

Comparables

Properties near 35 B723 Island

Time

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