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Price Change$999,900

118 Berkely Street

Wasaga Beach, Wasaga Beach

$870,000

Detached|1 1/2 Storey
4 | 4 | 4
About this home

This upgraded bungalow-loft offers a practical layout with well-finished spaces throughout. The main level features a spacious primary bedroom with a 5-piece ensuite-soaker tub, glass shower, double sinks, and a walk-in closet-along with an additional bedroom and a full 4-piece bathroom, ideal for guests or flexible use. The kitchen is modern and functional, equipped with stainless steel appliances, granite countertops, a large double sink with reverse-osmosis filtration, and extended cabinetry with under-cabinet lighting. It opens into a bright living area with 9-foot sloped ceilings, pot lights, and hardwood flooring. Upstairs, the open loft overlooks the main living space and works well as an office or sitting area (and can be converted into an additional bedroom), along with two bedrooms and a full bathroom. The finished walk-out basement adds flexibility, offering two bedrooms, a 3-piece bathroom, an electric sauna, plenty of storage, and a second kitchen. With direct access to the backyard and rough-in for another laundry, it's well suited for extended family or separate use. Additional features include central vacuum, water softener, security system, and EV charger outlet. Located just a 5-minute drive to Beach Area 1.

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style1 1/2 Storey
Approx. Age0-5
Size2000-2500 sq. ft.
Property Tax$4,940
Lot Size48.95 ft x 109.64 ft
mls© NumberS13042790
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%
$4,453
Property tax
$412
Heat allowance
$150
Housing costs
$5,015 / mo

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

Down payment20% · $174,000
25-yr amortization

Income needed

$154,000

gross annual household income

Payment at 4%
$3,661 / mo
Cash down
$174,000

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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