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Price Change$739,999

50 Forest Avenue

Wasaga Beach, Wasaga Beach

$699,999

Detached|Bungalow
3 | 2 | 2
About this home

Prime location in Wasaga Beach. Fully turn-key, extensively renovated with permits in 2024/2025, including a new 70,000 BTU Lennox furnace, owned Rinnai tankless water heater, Ecobee system, kitchen, electrical wiring, plumbing, roof, doors, windows, flooring, appliances, deck and irrigation system. Situated on a large corner lot, this property also includes a grandfathered "BUNKIE" with two bedrooms and a sitting area. The main building and Bunkie sleep up to 12 plus guests, offering excellent flexibility for large families, vacation rental use, or future potential. Just a short walk to Wasaga Beach Area 1, the world's longest freshwater beach, plus the Nottawasaga River, trails, parks, places of worship, tennis courts, library, restaurants, Walmart, grocery stores, and more. Located near Wasaga's Main Beach redevelopment area, now undergoing a multi-million-dollar transformation, this property combines strong investment appeal with an exceptional lifestyle opportunity in one of Wasaga Beach's most sought-after areas. TURN KEY all contents, chattels, fixtures, all interior furniture, appliances all included.

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
StyleBungalow
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$1,936
Lot Size50 ft x 100 ft
mls© NumberS13172090
Listed ByVENTURE REAL ESTATE CORP.

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%
$3,583
Property tax
$161
Heat allowance
$150
Housing costs
$3,894 / mo

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

Down payment20% · $140,000
25-yr amortization

Income needed

$120,000

gross annual household income

Payment at 4%
$2,946 / mo
Cash down
$140,000

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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