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Price Change$423,000

54 Homewood Avenue

Wasaga Beach, Wasaga Beach

$389,000

Detached|Bungalow
3 | 1 | 0
About this home

"Cottage Life" on Georgian Bay-what does it mean to you? Is it an easy stroll to New Wasaga Beach or cozy nights by the fire with sand between your toes and the lake in view. Are you looking for a cottage get away in a quiet area with a mix of seasonal cottages and year-round homes? somewhere with both privacy and a friendly community, making it a great place to enjoy all year long. Summer is best spent outdoors here. When you're not at the beach, the beach comes to you with a sandy backyard. Relax or entertain on the large patio with the lake as a stunning back drop and enjoy evenings around the fire pit. Inside, the home has a warm cottage feel with practical features. There are 3 bedrooms and a 3-piece bathroom, space for family and friends.The bright, spacious living room has a fireplace and opens into a seasonal sunroom with laundry. Located in the desirable east end on the edge of town, only 5 minutes drive to the stores and restaurants at Stonebridge town centre, Wasaga Beach Main Street and Beach 1. These include Walmart, Boston Pizza and of course Tims. Redevelopment plans at Beach 1 promise further enhancement to this iconic beachfront . Projects that include a 150- room boutique-style Marriott hotel and condominiums and commercial spaces, balancing living spaces with family-friendly public areas. Work has already begun and this huge investment will see property values increase very, very quickly.

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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$2,007
Lot Size51.94 ft x 75 ft
mls© NumberS13451232
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%
$1,991
Property tax
$167
Heat allowance
$150
Housing costs
$2,308 / mo

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

Down payment20% · $77,800
25-yr amortization

Income needed

$71,000

gross annual household income

Payment at 4%
$1,637 / mo
Cash down
$77,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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