1087 Glenmount Road, Lake of Bays

$899,000
1087 Glenmount Road

$899,000

New
23d
DetachedBungalow

1087 Glenmount Road, Lake of Bays

Total Monthly Obligation $4,266

Beds
4
Baths
2
Park
5
Sqft
1100-1500
DOM
23d
Score
15
Yield
3.1%
Cash on Cash
-9.9%
Cap Rate
2.5%
5Y IRR
7.8%
10Y IRR
8.6%
Property Type-Detached
MLS® Number-X13845404
Beds-4
Bathrooms-2
Size-1100-1500 sqft
Lot Size-124.22 × 1098 ft
Listed on site-Sep 30, 2026
Style-Bungalow
Building Type-Detached
Age-51-99
Taxes-$3,175.48 (2026)
Parking-5 - None
Basement-Crawl Space
Heating-Baseboard (Electric)
Brokerage-Chestnut Park Real Estate
Cooling-None
Laundry-No
Fireplace-Wood
Pool-None
Facing-South
Exterior-Board & Batten , Wood
Roof-Asphalt Shingle
Foundation-Block
Sewer-Septic
Possession-Flexible
Neighbourhood-Ridout
Title-Residential Freehold

No agent assigned

Client RemarksTucked along the shores of Lake of Bays, this inviting year-round cottage is all about connection, relaxation, and unforgettable moments. Spend your days on the expansive dock, whether you're diving into the clear water or heading out for an afternoon of boating and incredible fishing. Evenings are pure Muskoka magic, with breathtaking sunsets and the peaceful call of loons echoing across the lake.This property has been the backdrop for countless family gatherings, offering a warm and welcoming space to come together in every season. In the winter, enjoy cross-country skiing right from your doorstep, then cozy up after a day outdoors.Located on a friendly and welcoming road, and just a short walk to the Lake of Bays Tennis Club and Sailing Club, this is a place where summer traditions are made and memories last a lifetime.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$719,200
Land Transfer Taxes$14,455
Legal Fees (Est.)
$
Total cash required for closing$195,755

Total Monthly Obligation

$4,266/mo
Mortgage $3,626
Monthly Loss $3,312
Principal$954
Interest$2,672
Property Tax$265
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.9%11
Cash-on-Cash
-13.6%0
5-Year IRR
4.9%11
10-Year IRR
6.6%
Returns Index
6.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 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
$27,600/yr
NOI
$17,165/yr
Net Cash Flow
-$2,196/mo
Cash Margin
-95.5%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.393
LTV Ratio
80.0%18
Vacancy Buffer
2.3 mo36
Risk Index
19.1/ 100

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

Comparables

Properties near 1087 Glenmount Road

Time

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