74156 Bluehaven Beach Drive, Bluewater

$649,000
74156 Bluehaven Beach Drive

$649,000

New
51d
Detached2-Storey

74156 Bluehaven Beach Drive, Bluewater

Total Monthly Obligation $3,279

Beds
4
Baths
2
Park
4
Sqft
1100-1500
DOM
51d
Score
22
Yield
5.5%
Cash on Cash
0.2%
Cap Rate
4.6%
5Y IRR
15.7%
10Y IRR
14.7%
Property Type-Detached
MLS® Number-X13738242
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-78.64 × 200 ft
Listed on site-Sep 2, 2026
Style-2-Storey
Building Type-Detached
Age-31-50
Taxes-$3,436 (2026)
Parking-5 - Attached
Basement-Crawl Space
Heating-Baseboard (Electric)
Brokerage-RE/MAX BLUEWATER REALTY INC.
Cooling-Window Unit(s)
Laundry-No
Fireplace-Electric, Living Room
Pool-None
Facing-East
Exterior-Vinyl Siding
Roof-Metal
Foundation-Concrete
Sewer-Septic
Possession-flexiable
Neighbourhood-Stanley
Title-Residential Freehold

No agent assigned

Lakeside cottage with great views of Lake Huron in between Grand Bend and Bayfield at Bluehaven Beach. Situated on a large lot overlooking Lake Huron in the front yard and farmland in the back. Just steps to your community beach access to enjoy those sun filled summer days in the sand and evenings around the back yard bonfire. Spacious front deck is great for outdoor entertaining with lake views and the light breeze of the lake plus a wrap around portion for BBQing. Raised bungalow design with main floor living space on the upper level to optimize the views, sleeping area in the above grade lower level and attached garage for storing the boat. Inside, the great room at the front of the includes living space and eating area featuring cathedral ceilings and a wall of overlooking Lake Huron. The space is filled with natural light and accented with knotty pine built in's around the electric fireplace for the beach vibe your looking for. Kitchen includes knotty pine cabinetry and ceiling. Enjoy lake views from the kitchen prep area while entertaining guests in the great room with the open concept design. 2 bedrooms on the main floor at the back of the floor plan overlooking the back yard plus full bathroom. The lower level includes 2 bedrooms for guests including the kids room with 4 built in bunk beds. Lots of storage in the laundry room plus a full bathroom on this level just off the entrance to the garage. Large back yard with storage shed and playset. This is the perfect spot to spend time along the Lake at the cottage with room for everyone inside and out.

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

Closing Costs

Mortgage Amount
$519,200
Land Transfer Taxes$9,455
Legal Fees (Est.)
$
Total cash required for closing$140,755

Total Monthly Obligation

$3,279/mo
Mortgage $2,618
Monthly Loss $2,590
Principal$689
Interest$1,929
Property Tax$286
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-5.0%2
5-Year IRR
11.7%48
10-Year IRR
11.9%
Returns Index
24.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 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
$36,000/yr
NOI
$24,464/yr
Net Cash Flow
-$579/mo
Cash Margin
-19.3%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo48
Risk Index
26.6/ 100

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

Comparables

Properties near 74156 Bluehaven Beach Drive

Time

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