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Listed 27 days ago

95 Melrose Avenue

Wasaga Beach, Wasaga Beach

$645,000

Detached|1 1/2 Storey
3 | 1 | 7
About this home

Beautifully Renovated Wasaga Beach Cottage on a Large Lot - Move-In Ready. Over the past four years, I have invested more than $100,000 in carefully selected renovations and upgrades, ensuring the next owner can move in with confidence and enjoy this beautiful property from day one. Improvements: New roof (2025). New high-efficiency furnace (2025). One Large window replaced. Fully insulated and finished basement. Renovated garage. Beautiful gazebo, creating the perfect outdoor space for relaxing and entertaining. Why You'll Love It:* Spacious, private lot with plenty of room to enjoy the outdoors.* Bright home filled with natural sunlight.* Just a 10-minute walk to the beach.* Only a 20-minute drive to Blue Mountain Resort for skiing, hiking, golfing, dining, and year-round activities. * Quiet location while remaining close to all the amenities Wasaga Beach has to offer. Furniture Included: Most of the furniture is brand new and can be included in the sale for the right buyer, making this a truly turnkey opportunity. If you're looking for a beautifully updated, move-in-ready cottage in one of Ontario's most desirable recreational communities, this property is not to be missed. *For Additional Property Details Click The Brochure Icon Below*

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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. AgeNot available
Size1100-1500 sq. ft.
Property Tax$2,887
Lot Size100 ft x 125 ft
mls© NumberS13653758
Listed ByICI SOURCE REAL ASSET SERVICES 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%
$3,301
Property tax
$241
Heat allowance
$150
Housing costs
$3,692 / mo

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

Down payment20% · $129,000
25-yr amortization

Income needed

$114,000

gross annual household income

Payment at 4%
$2,714 / mo
Cash down
$129,000

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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