For Sale · Land

2 BIRCHWOOD TRAIL, Wasaga Beach

2 BIRCHWOOD TRAIL, Wasaga Beach, ON L9Z1B3

$429,000 total

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Asset Class

Land

Size

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Building class

A

Zoning

UR — Urban Reserve

$ / SF

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Occupancy

95%

About this property

Your Dream Lot Awaits in Sunward Estates, Wasaga Beach! This beautiful nearly 0.6-acre treed lot offers a perfect opportunity to build your dream cottage retreat, or year-round home, in an established private enclave. Surrounded by mature trees and a peaceful setting, this generous property offers plenty of room to create the custom home and outdoor living space you've always wanted. Just a few minutes' walk to one of the area's best beaches, you'll enjoy easy access to sandy shores, swimming, relaxing by the water, and stunning Georgian Bay sunsets. Local amenities, shops, restaurants, trails, and recreational activities are just a short drive away. Don't miss your opportunity to own a piece of prime real estate in one of Wasaga Beach's most sought-after beachside communities. (id:66811)

Financial sandbox

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Estimate
Purchase price$429K
Down payment30% · $129K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$19K

Annual cash flow

$-5K

Cash-on-cash

-3.66%

DSCR

0.80

Going-in cap

4.44%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

90,098

Households

39,043

Median income

$127,500

Median age

35.3

Daytime population

100,685

5-yr growth

6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 2 BIRCHWOOD TRAIL, Wasaga Beach.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.