1021 Grandview Hilltop Drive 10, Huntsville

$599,000
1021 Grandview Hilltop Drive 10

$599,000

New
15d
Condo ApartmentBungalow

1021 Grandview Hilltop Drive 10, Huntsville

Total Monthly Obligation $3,655

HausQ Valuation Report
Beds
2
Baths
2
Park
2
Sqft
1200-1399
DOM
15d
Score
20
Yield
6.7%
Cash on Cash
-1.3%
Cap Rate
4.3%
5Y IRR
14.5%
10Y IRR
13.8%
Property Type-Condo Apartment
MLS® Number-X13875554
Beds-2
Bathrooms-2
Size-1200-1399 sqft
Listed on site-Oct 8, 2026
Style-Bungalow
Building Type-Condo Apartment
Taxes-$3,255.86 (2026)
Maintenance-$767/mo
Locker-Owned
Parking-2 - Other
Basement-None
Heating-Baseboard (Electric)
Brokerage-Chestnut Park Real Estate
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Wood
Possession-Flexible
Neighbourhood-Chaffey
Title-Residential Condo & Other

No agent assigned

Welcome to Grandview, where low-maintenance Muskoka living meets stunning views of Fairy Lake. This completely renovated 2-bedroom, 2-bathroom condo in the sought-after Hilltop building offers a unique layout with two separate entrances, creating the potential for a private, self-contained suite while still enjoying the main living space. Whether you're looking for a year-round home, a Muskoka getaway, or an income-producing opportunity, this property offers incredible flexibility, including potential for short-term rental use of the second suite. The thoughtfully renovated interior features modern finishes, an abundance of natural light, and a bright, inviting feel throughout. Step outside onto your private deck and take in beautiful views of Fairy Lake right from home. Located just steps from the public dock, you can easily enjoy all that Muskoka has to offer, from boating and swimming to relaxing lakeside days. And when you're ready to explore, you're only minutes from Huntsville, local golf, skiing, shopping, dining, and more. A rare opportunity to enjoy the best of Muskoka living without the maintenance of a traditional cottage!

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

Closing Costs

Mortgage Amount
$479,200
Land Transfer Taxes$8,455
Legal Fees (Est.)
$
Total cash required for closing$129,755

Total Monthly Obligation

$3,655/mo
Mortgage $2,416
Monthly Loss $3,019
Principal$636
Interest$1,780
Property Tax$271
Condo Fees$767
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.5%23
Cash-on-Cash
-6.1%2
5-Year IRR
11.0%43
10-Year IRR
11.5%
Returns Index
22.3/ 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
$39,996/yr
NOI
$21,137/yr
Net Cash Flow
-$655/mo
Cash Margin
-19.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7311
LTV Ratio
80.0%18
Vacancy Buffer
2.6 mo42
Risk Index
23.9/ 100

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

Comparables

Properties near 1021 Grandview Hilltop Drive 10

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.