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Listed 3 months ago

10 Edgewater Road

Wasaga Beach, Wasaga Beach

$2,480,000

Detached|Bungalow-Raised
3 | 4 | 9
About this home

One of Wasaga Beach's largest waterfront properties on the river! Steel break wall, power for boat lifts and docks,16x20 accessory building with power, in-ground pool w/landscape lighting, outdoor built in wood burning pizza oven. New Decks & Roof 2022. All mechanical & HVAC upgraded. Pin# 583290244 & 583290243 sold together

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow-Raised
Approx. Age51-99
Size1500-2000 sq. ft.
Property Tax$8,205
Lot Size236.29 ft x 244.05 ft
mls© NumberS13222940
Listed ByRE/MAX By The Bay Brokerage

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%
$12,694
Property tax
$684
Heat allowance
$150
Housing costs
$13,528 / mo

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

Down payment20% · $496,000
25-yr amortization

Income needed

$416,000

gross annual household income

Payment at 4%
$10,436 / mo
Cash down
$496,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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