123 Lakeview Road, Grey Highlands

$1,699,900
123 Lakeview Road

$1,699,900

New
15d
DetachedContemporary

123 Lakeview Road, Grey Highlands

Total Monthly Obligation $7,942

Beds
5
Baths
3
Park
6
Sqft
2000-2500
DOM
15d
Score
14
Yield
2.8%
Cash on Cash
-11.6%
Cap Rate
2.1%
5Y IRR
6.5%
10Y IRR
7.6%
Property Type-Detached
MLS® Number-X13876836
Beds-5
Bathrooms-3
Size-2000-2500 sqft
Lot Size-180 × 612 ft
Listed on site-Oct 8, 2026
Style-Contemporary
Building Type-Detached
Age-31-50
Taxes-$8,517.29 (2026)
Parking-8 - Attached
Basement-Finished with Walk-Out, Full
Heating-Forced Air (Propane)
Brokerage-Royal LePage RCR Realty
Cooling-Central Air
Laundry-No
Fireplace-Fireplace Insert, Wood
Pool-None
Facing-North
Exterior-Wood
Roof-Metal
Foundation-Concrete
Sewer-Septic
Possession-Flexible
Neighbourhood-Grey Highlands
Title-Residential Freehold

No agent assigned

Brewster's Lake - over 200' waterfront with a bungalow, shop and garage on a 3.2 acre hardwood lot. Lake views from nearly every room in the home. Spacious rooms throughout the 2,500 square foot main level including open concept kitchen, dining and living areas with vaulted ceilings and a wood-burning fireplace. The walkout basement is fully finished with massive family room, office or 5th bedroom with ensuite; walkout to hot tub, patio and lakeside. SHOP 30x52 with in-floor heat, spray foam insulation, Trusscore interior, 3 roll up doors; detached single garage and attached double garage with in-floor heat. On demand hot water, generator back up, metal roof, new windows (2018), central air, water system, greenhouse, hot tub and more. The private waterfront boasts a sandy beach, dock and firepit. Four season living in a four season playground 20 minutes to Collingwood and Blue Mountain, 10 minutes to Devils Glen Country Club (private) and minutes away from year-round trails and recreational activities. Includes part ownership of additional waterfront lot.

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

Closing Costs

Mortgage Amount
$1,359,920
Land Transfer Taxes$30,473
Legal Fees (Est.)
$
Total cash required for closing$371,953

Total Monthly Obligation

$7,942/mo
Mortgage $6,857
Monthly Loss $6,137
Principal$1,804
Interest$5,053
Property Tax$710
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.7%10
Cash-on-Cash
-14.6%0
5-Year IRR
4.2%9
10-Year IRR
6.1%
Returns Index
5.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 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
$46,800/yr
NOI
$29,103/yr
Net Cash Flow
-$4,432/mo
Cash Margin
-113.6%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.353
LTV Ratio
80.0%18
Vacancy Buffer
1.2 mo20
Risk Index
13.5/ 100

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

Comparables

Properties near 123 Lakeview Road

Time

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