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Wasaga Beach, Wasaga Beach
$595,000
Looking for a year-round home, cottage getaway, or investment opportunity just a short walk to the beach? This well-maintained 5-bedroom, 2-bathroom home is tucked away on a quiet dead-end street surrounded by walking trails, offering exceptional flexibility for families, multi-generational living, or potential income opportunities. Enjoy the peace and privacy of the location while being just a short walk to the exciting redevelopment of Beach Area 1, making this an ideal opportunity to invest in one of Ontario's fastest-growing waterfront communities before Wasaga Beach reaches its full potential.Situated on a generous 50 x 125 ft lot, the property features a partially fenced yard, interlock driveway, an in-ground sprinkler system, two storage sheds (one large enough for potential bunkie use), and a spacious deck accessible from the kitchen walkout-perfect for outdoor entertaining and summer relaxation.The main level offers a bright and functional layout with 3 bedrooms, a full bathroom, an eat-in kitchen, and two separate family/living rooms, providing plenty of space for everyday living. The fully finished lower level adds tremendous versatility with a second kitchen, 2 additional bedrooms, a full bathroom, laundry area, cantina, and the potential for a separate living space or in-law suite (buyer to complete their own due diligence).Additional features include municipal water and sewer services, gas forced-air heating, central air conditioning, and an asphalt shingle roof updated within the last 10 years.An excellent opportunity to secure a property in one of Wasaga Beach's most desirable locations, just moments from the world's longest freshwater beach, trails, parks, schools, shopping, and year-round amenities. The area continues to see significant growth, including the Beach Area 1 redevelopment, a proposed Costco, and two new high schools currently planned for the community.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,666 |
| Lot Size | 50 ft x 125 ft |
| mls© Number | S13635664 |
| Listed By | Royal 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 actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,045
- Property tax
- $222
- Heat allowance
- $150
- Housing costs
- $3,418 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$105,000
gross annual household income
- Payment at 4%
- $2,504 / mo
- Cash down
- $119,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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