111 CLIPPERS Lane, Blue Mountains

$1,099,000
111 CLIPPERS Lane

$1,099,000

New
2d
DetachedBungaloft

111 CLIPPERS Lane, Blue Mountains

Total Monthly Obligation $5,202

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
2d
Score
24
Yield
5.9%
Cash on Cash
2.5%
Cap Rate
5.1%
5Y IRR
17.6%
10Y IRR
16.3%
Property Type-Detached
MLS® Number-X14103220
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-53.77 × 84 ft
Listed on site-Oct 21, 2026
Style-Bungaloft
Building Type-Detached
Age-0-5
Taxes-$4,728.47 (2026)
Parking-4 - Attached
Basement-Full, Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX Escarpment Realty Inc., Brokerage
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Other
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Blue Mountains
Title-Residential Freehold

No agent assigned

The ASPEN MODEL: Largest model available_ EXTENSIVELY UPGRADED IN THE COTTAGES AT LORA BAY. This 2 bedroom, 2+1 bath (2218 sq ft of finished living space) bungaloft is surrounded by an award-winning 18-hole golf course and steps to the private beach on Georgian Bay. The open concept kitchen/dining/family room is the perfect floor plan for entertaining family and friends. A separate living room gives you quiet space for reading or alternatively can be used as a home office. Enjoy relaxing on your backyard stone patio. The main floor principal bedroom features a large walk in closet and 3pc ensuite. Also located on the main floor is laundry room with inside entry to the double car garage and powder room. 10 ceilings on the main floor. Continue upstairs to the 2nd bedroom featuring double closets, a 4 pc bath and oversized sitting area for additional relaxation room. An unspoiled basement awaits your imagination. Thousands $$ spent in builders desirable upgrades including quartz counters, hardwood floors throughout main floor, pot lights, dormer window with peak a boo Bay views, top of the line Bosch stainless steel built in appliances, Marvel wine cooler, upgraded light fixtures throughout , all LED lightbulbs, premium interlocking driveway and patio, just to name a few. Perfect place to relax and enjoy a 4-season home in Blue Mountains and the best of skiing, golfing, hiking and trails.

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

Closing Costs

Mortgage Amount
$879,200
Land Transfer Taxes$18,455
Legal Fees (Est.)
$
Total cash required for closing$239,755

Total Monthly Obligation

$5,202/mo
Mortgage $4,433
Monthly Loss $4,036
Principal$1,167
Interest$3,267
Property Tax$394
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.4%31
Cash-on-Cash
-1.9%5
5-Year IRR
14.1%65
10-Year IRR
13.8%
Returns Index
34.4/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 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
$64,500/yr
NOI
$48,822/yr
Net Cash Flow
-$365/mo
Cash Margin
-6.8%1
Cash Flow Index
1.3/ 100
Risk Profile
Weight: 20%
DSCR
0.9221
LTV Ratio
80.0%18
Vacancy Buffer
1.8 mo28
Risk Index
22.4/ 100

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

Comparables

Properties near 111 CLIPPERS Lane

Time

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