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Listed 1 month ago

717 Oxbow Park Drive

Wasaga Beach, Wasaga Beach

$525,500

Detached|Bungalow
3 | 1 | 4
About this home

Whether you are looking for your first home, a place to downsize to, an investment property or the perfect four-season getaway, this 3-bedroom, 1-bath bungalow offers a versatile and affordable living option in the World's Longest Freshwater Beach, Wasaga Beach. Step inside to a warm and inviting interior, featuring tongue and groove pine ceilings, a rusting cedar 3-piece bathroom and a bright kitchen with maple cabinetry. Laminate flooring, vinyl windows, vinyl siding and freshly painted throughout, makes this home move-in ready while offering low-maintenance living. The primary bedroom features a gas fireplace and a walk-out to an oversized deck. Situated on a generous, level lot with mature trees and a partially fenced yard. There is plenty of space to relax, entertain, or simply enjoy the outdoors. Municipal water and sewer , natural gas heating provide added convenience. Loads of parking. Outdoor enthusiasts will appreciate the two public access points to the Nottawasaga River including water access directly across the street and a convenient watercraft, canoe, kayak at the corner of Oxbow Park Drive and Oaklea Boulevard. Spend your days boating, fishing, paddling or simply enjoying the peaceful waterfront lifestyle. This property also presents exciting future development, and investment potential~ garage/ or build a large custom home or possible severance to create 2 lots and build 2 homes (Buyers encouraged to complete their own due diligence).

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. Age51-99
Size700-1100 sq. ft.
Property Tax$2,030
Lot Size100 ft x 105.46 ft
mls© NumberS13606686
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%
$2,690
Property tax
$169
Heat allowance
$150
Housing costs
$3,009 / mo

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

Down payment20% · $105,100
25-yr amortization

Income needed

$93,000

gross annual household income

Payment at 4%
$2,211 / mo
Cash down
$105,100

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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