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Listed 7 days ago

1 Chiara Drive

Wasaga Beach, Wasaga Beach

$1,299,000

Detached|Bungalow
3 | 4 | 9
About this home

Offering over 4,000 sq. ft. of finished living space, this exceptional modern bungalow combines sophisticated design, generous proportions and extensive upgrades with a private backyard retreat. The bright 2,004 sq. ft. main level features 3 bedrooms, 3 bathrooms, hardwood flooring and an inviting open-concept layout. At the heart of the home, the spacious eat-in kitchen with a centre island overlooks the family room with a striking gas fireplace and walkout to the rear deck. A separate dining room is ideal for entertaining, while French doors open to a private den/office. The primary suite features a walk-in closet and spa-inspired 5-piece ensuite. Two additional bedrooms, a 4-piece bathroom, a powder room, and a spacious mudroom/laundry with inside entry from the triple-car garage complete the main level. The recently finished lower level offers a large recreation area, an additional bedroom and a 3-piece bathroom, providing excellent space for guests, extended family or multi-generational living. Outdoors, enjoy a fully fenced backyard oasis with a heated saltwater concrete in-ground pool installed in 2024, professional landscaping, an irrigation system, sodded grounds, and a paved driveway. The triple garage features EV charging, garage door openers, water hookup for a future sink and high ceilings for additional storage. Extensive upgrades include heated tile floors, a high-efficiency furnace and heat pump system, a humidifier, electronic HEPA filtration, HRV, a water softener, a water purification system, 200-amp service, and an owned hot water tank. Built by Zancor Homes in 2022, this sought-after Coral model, Elevation C, offers the benefits of newer construction with the major upgrades already completed. Ideally located in West Wasaga Beach, minutes to Georgian Bay, Collingwood and Stayner, with Blue Mountain's skiing, golf, trails and four-season recreation approximately 20 minutes away.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. Age0-5
Size2000-2500 sq. ft.
Property Tax$5,118
Lot Size52.69 ft x 114.12 ft
mls© NumberS13720910
Listed BySotheby's International Realty Canada

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%
$6,649
Property tax
$426
Heat allowance
$150
Housing costs
$7,225 / mo

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

Down payment20% · $259,800
25-yr amortization

Income needed

$222,000

gross annual household income

Payment at 4%
$5,466 / mo
Cash down
$259,800

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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