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Investment signal

$998,800

81-77 BASS BAY DRIVE

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Beds

Baths

Sqft

—

Year

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Type

Single Family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Tay (Victoria Harbour). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

ATTENTION BUILDERS! **Unlock the Potential of Bass Bay: A Builders Dream in Victoria Harbour!** Introducing an exceptional opportunity at 81 & 77 Bass Bay! This unique offering combines a charming detached home with three additional lots, making it the perfect canvas for your vision. Nestled in a picturesque waterfront community, this property is brimming with potential. The existing home is ready for your creative touch, offering a blank slate to design your ideal living space. With three adjacent lots included, you have the option to sever and build, maximizing your investment in this sought-after area. Imagine crafting a stunning multi-family residence or beautiful single-family homes, all while enjoying the serene surroundings of Georgian Bay. This is not just a property; its a chance to shape a vibrant community and capitalize on the booming real estate market. Don't miss out on this rare opportunity to build your legacy in a charming waterfront locale. Endless possibilities that await at Bass Bay! FOUR - 100 x 150 LOTS + 4 Season Cottage Total 5.5 Acres Land Sold 'As Is'. Owned Georgian Bay waterfront access. (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Community: Victoria Harbour
Common interest: Freehold
Lot dimensions: 101.9 x 152.9 FT
Bedrooms: 3 above grade
Parking: 10 total
Stories: 1
Fireplace: 1
On market: Apr 7, 2026
Status changed: Apr 24, 2026
Annual tax: $1,123 (2026)
Photos: 48
MLS#: S12964848
Area: TAY_(VICTORIA_HARBOUR)

Features and systems

Parking

Detached GarageGarage

Basement

UnfinishedSeparate entranceN/AN/A

Appliances

RefrigeratorStoveWindow Coverings

Heating

Forced airPropane

Cooling

Central air conditioning

Exterior

Vinyl siding

Foundation

Concrete

Lot

Flat siteDry

Community

School BusCommunity Centre

View

Lake view

Utilities

ElectricityCable

Negative cash flow ~$1,085/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.52%

Cap rate

3.56%

GRM

16.6

Break-even rent

$6,142

Financing

Down payment$199,760

Loan amount$799,040

Mortgage$4,049/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$458

Insurance$80

Maintenance$832

CapEx reserve$416

Vacancy loss$250

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $4,049/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.