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Listed 3 months ago

20 Cranberry Heights

Wasaga Beach, Wasaga Beach

$875,000

Detached|Bungalow-Raised
2 | 3 | 6
About this home

Located in a peaceful and highly desirable neighbourhood, this Fernbrook-built "Coral Gales" home is being offered for sale by its second owner. The property has been thoughtfully renovated and well maintained over the years, offering a great opportunity for buyers seeking a move-in ready home wit room to personalize further. The main level features a bright and functional layout, including a spacious family room, breakfast area, kitchen, formal dining space, a second bedroom, a 4-piece main bathroom and a primary suite complete with walk-in closet and private 4-piece ensuite. The lower level extends the living space with a large family room, two additional bedrooms, a 3-piece bathroom, laundry room and utility area. The home also offers excellent storage throughout, a welcoming foyer entrance and convenient interior access to the double car garage. The exterior is beautifully landscaped and includes an in-ground sprinkler system along with a concrete walkway leading to a rear shed providing additional storage or workspace. Notable updates include a natural gas furnace, central air conditioning, municipal water and sewer services, and a roof re-shingled in 2018. Ideally situated beside Blueberry Trails Provincial Park and just minutes to shopping, dining, banking, the library and the beachfront, this home offers a rare blend of comfort, convenience and lifestyle.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,800
Lot Size61.51 ft x 157.84 ft
mls© NumberS13167606
Listed ByRE/MAX PREMIER 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%
$4,479
Property tax
$317
Heat allowance
$150
Housing costs
$4,945 / mo

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

Down payment20% · $175,000
25-yr amortization

Income needed

$152,000

gross annual household income

Payment at 4%
$3,682 / mo
Cash down
$175,000

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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