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Listed 1 month ago

24 Indianola Crescent

Wasaga Beach, Wasaga Beach

$699,000

Detached|Bungalow-Raised
2 | 1 | 13
About this home

209 FEET OF FRONTAGE!! DEVELOPMENT POTENTIAL ~Spacious 209.15 ft x 230 ft irregular lot~ incredible potential for property development/ severances. The current home offers potential for use as you move through the development process~ either as a rental or personal use. The detached garage (20X22 Ft) is perfect for parking or all of your storage needs. Whether you're looking to develop the property, or build your dream home, this exceptional lot in Wasaga Beach is a rare find. Located in Mid Town Wasaga Beach in close proximity to all amenities and just steps to public access to the Nottawasaga River for fishing or relaxing at the waters edge. Embrace all that Southern Georgian Bay and Wasaga Beach has to Offer *World's Longest Fresh Water Beach *New Arena/ Library/ Recreation Facility *Shopping *Costco *Dining *Festivals and Music Events *Cross Country Skiing *ATV and Snowmobile Trails *Hiking and Biking *Easy Commute to Barrie, Alliston and easy access to Toronto International Airport ~ Embrace Life on the Shores of Georgian Bay!

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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-Raised
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$2,791
Lot Size209.15 ft x 230 ft
mls© NumberS13620996
Listed ByRE/MAX Four Seasons Realty Limited

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%
$3,578
Property tax
$233
Heat allowance
$150
Housing costs
$3,960 / mo

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

Down payment20% · $139,800
25-yr amortization

Income needed

$122,000

gross annual household income

Payment at 4%
$2,942 / mo
Cash down
$139,800

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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