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42 55th Street S

Wasaga Beach, Wasaga Beach

$539,000

Detached|Bungalow
4 | 1 | 2
About this home

Charming Wasaga Beach Bungalow - The Perfect Getaway Just Over an Hour from TorontoWelcome to your ideal retreat! Proudly family-owned and lovingly maintained since 1978, this spacious and inviting 4-bedroom bungalow offers comfort, character, and an unbeatable location. Just a short 5-minute walk to the beautiful sandy shores of Wasaga Beach, this home delivers the perfect blend of relaxation and convenience. Set on a rare oversized lot (105' x 142'), the property offers exceptional outdoor potential-ideal for entertaining, gardening, or even future development. Step inside to a warm and welcoming living room featuring a classic brick, wood-burning fireplace-perfect for cozy gatherings on cooler evenings. The functional kitchen provides everything you need, while the generously sized dining room, a thoughtfully designed addition, creates the perfect setting for hosting family meals and special occasions. With it's practical, open layout, this home offers plenty of space to create lasting memories. Enjoy the convenience of nearby amenities, including grocery stores, pharmacies, and local shops, all just minutes away. Additional features include a large storage shed and attached storage area, providing ample space for seasonal gear and tools.Whether you're seeking a weekend escape, an income-generating investment, or a place to settle near the water, this charming bungalow presents a rare opportunity in a prime Wasaga Beach location. Don't miss your chance-this is more than a cottage, it's a lifestyle.

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,054
Lot Size105 ft x 142 ft
mls© NumberS13016396
Listed BySUTTON GROUP OLD MILL REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,759
Property tax
$171
Heat allowance
$150
Housing costs
$3,080 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $107,800
25-yr amortization

Income needed

$95,000

gross annual household income

Payment at 4%
$2,268 / mo
Cash down
$107,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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