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4 St James Place

Wasaga Beach, Wasaga Beach

$319,000

Detached|Bungalow
2 | 1 | 2
About this home

Amazing opportunity to own a fully detached home in Park Place, one of Wasaga Beach's premier adult retirement land lease communities. Lovely 2 bedroom home backs onto beautiful pond. Eat-in Kitchen, Living Room with sliding doors to deck. Bonus sun drenched Sunroom offers stunning pond views. Stackable washer/dryer for laundry convenience. Crawl space with concrete and carpet floor, offers lots of storage space. Park Place is a gated adult age 55+ community on 115 acres of forest, fields & wilderness. Amenities include a 12,000 sq. ft. recreation complex, indoor saltwater pool, games rooms, library, gym, woodworking shop, and more. Ideally located within minutes from the beach, shopping, Marlwood Golf Course, an extensive trail system, and other amenities. Home is now vacant for anytime possession. Monthly fees: $924.65 (Includes Land Lease $800.00, Site Tax $39.12, Home Tax $85.53). Water is metered.

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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---
Lot Size0 ft x 0 ft
mls© NumberS13081644
Listed ByRoyal LePage Locations North

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 estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,633
Property tax (estimated)
$0
Heat allowance
$150
Housing costs
$1,783 / mo

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

Down payment20% · $63,800
25-yr amortization

Income needed

$55,000

gross annual household income

Payment at 4%
$1,342 / mo
Cash down
$63,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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