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Listed 3 months ago

40 Fairway Crescent

Wasaga Beach, Wasaga Beach

$725,000

Detached|Bungalow-Raised
3 | 2 | 6
About this home

Welcome to this beautifully maintained raised bungalow set on a generous 75 x 145 ft lot in a sought-after location just steps from the golf course. This 3+1 bedroom, 2 bathroom home has been exceptionally cared for and offers a functional layout ideal for families, retirees, or anyone looking for comfortable main floor living with space to grow.The main level features vaulted ceilings and oversized windows that fill the home with natural light. Hardwood flooring flows through the kitchen and dining area, while the spacious primary bedroom offers large closets and a private ensuite with a walk-in glass shower. The bright kitchen includes newer stainless steel appliances and convenient access to the large rear deck, perfect for entertaining or enjoying quiet evenings outdoors.The lower level is partially finished with pot lights, an additional bedroom, and a bathroom rough-in already in place. The large unfinished area offers excellent potential for additional living space depending on your needs.Major updates have already been completed, including the roof (2021), furnace and A/C (2018), windows (2012), newer stainless steel fridge and stove, 200 amp electrical service, and a large rear deck. A move-in ready home in a fantastic location with the flexibility to grow and enjoy for years to come.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,299
Lot Size75.02 ft x 135.3 ft
mls© NumberS13223246
Listed ByRoyal LePage Locations North

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%
$3,711
Property tax
$358
Heat allowance
$150
Housing costs
$4,219 / mo

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

Down payment20% · $145,000
25-yr amortization

Income needed

$130,000

gross annual household income

Payment at 4%
$3,051 / mo
Cash down
$145,000

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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