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Wasaga Beach, Wasaga Beach
$620,000
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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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,325 |
| Lot Size | 56.39 ft x 103.6 ft |
| mls© Number | S13684914 |
| Listed By | SUTTON 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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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