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Price Change$650,000

6 Riverdale Drive

Wasaga Beach, Wasaga Beach

$620,000

Detached|Bungalow
2 | 2 | 6
About this home

Welcome to 6 Riverdale Drive, an exceptional opportunity in the heart of Wasaga Beach offering flexibilityfor investors, multi-generational families, or buyers looking to offset their mortgage with rental income.This legal duplex features a bright and inviting upper-level residence where the open-concept living anddining area boasts a vaulted ceiling and hardwood flooring. The spacious eat-in kitchen offers direct accessto the deck and private backyard, creating an ideal space for everyday living and entertaining. The mainlevel also offers two generous bedrooms, a 4-piece bathroom, a dedicated laundry room, and convenientinside entry from the attached double-car garage. The fully self-contained lower-level apartment featuresits own separate entrance, three bedrooms, a full kitchen, comfortable living area, bathroom, and privatelaundry, providing excellent privacy and independence for tenants or extended family. Outside, the double-car garage and oversized driveway offer parking for up to six vehicles. Ideally located on a quiet residentialstreet, this home is just minutes from the sandy shores, schools, parks, shopping, restaurants, andeveryday amenities, offering an exceptional opportunity to enjoy the beach lifestyle.

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$3,325
Lot Size56.39 ft x 103.6 ft
mls© NumberS13684914
Listed BySUTTON GROUP INCENTIVE REALTY 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%
$3,173
Property tax
$277
Heat allowance
$150
Housing costs
$3,601 / mo

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

Down payment20% · $124,000
25-yr amortization

Income needed

$111,000

gross annual household income

Payment at 4%
$2,609 / mo
Cash down
$124,000

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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