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Listed 1 month ago

13 Bayview Avenue

Wasaga Beach, Wasaga Beach

$550,000

Detached|1 1/2 Storey
3 | 2 | 6
About this home

Rare opportunity to acquire two fully severed lots with an existing dwelling in a prime Georgian Bay location, offered at land value. Situated on a quiet cul-de-sac just steps to the water, and under 10 minutes to Wasaga Beach Area 6, Casino, downtown Collingwood, and Blue Mountain only 20 minutes away. Existing dwelling is being sold as-is, where-is, with no representations or warranties. It has 4 bedrooms, 2 bathrooms, an attached 2-car garage, workshop, driveway parking for 4 vehicles, walk-out to backyard, wraparound porch, and upper-level balconies with views of Georgian Bay. Full municipal services available (water, sewer, hydro, natural gas). Up-to-date survey on file. Excellent potential for redevelopment, investment, or renovation. Ideal for builders, investors, or end users looking to create a custom property in a highly desirable four-season area.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style1 1/2 Storey
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$3,325
Lot Size100 ft x 100 ft
mls© NumberS13637896
Listed ByNORTH 2 SOUTH REALTY

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%
$2,815
Property tax
$277
Heat allowance
$150
Housing costs
$3,242 / mo

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

Down payment20% · $110,000
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,314 / mo
Cash down
$110,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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