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Listed 23 days ago

12 5th Lane

Wasaga Beach, Wasaga Beach

$759,999

Detached|Bungalow-Raised
3 | 2 | 4
About this home

Welcome to the sought-after Lanes of Wasaga Beach! Located in the desirable Oakview Beach community just a short 5-minute walk to the sandy shores of Beach 4. Tucked away on a quiet dead-end street on the North Side of Mosley St, this well maintained raised bungalow (built in 2017) offers privacy along with the perfect blend of cottage living and year-round comfort. Nestled in a peaceful, family-friendly neighbourhood, this property is ideal for those looking to enjoy the relaxed four-season lifestyle close to Georgian Bay. The main floor features 3 spacious bedrooms, a 3-piece bathroom, and a bright open-concept living and dining area filled with natural light from the large windows throughout. The inviting living room is highlighted by a cozy gas fireplace with a custom stone surround and mantle, creating the perfect place to relax after a day at the beach. The functional kitchen offers ample cabinetry, a convenient bar fridge built into the island and easy access to the outdoor deck. The partially finished basement provides additional living space with endless potential for a recreation room, home office, or guest accommodations. Step outside and enjoy everything cottage life has to offer with the impressive 10' x 32' covered deck, perfect for hosting family BBQs, entertaining friends, or enjoying your morning coffee rain or shine. After spending the day at the beach, rinse off in the convenient outdoor shower before relaxing in the fully fenced backyard, complete with a fire pit, gazebo, and storage shed for added functionality and enjoyment. Conveniently located close to parks, walking trails, shopping, restaurants, and the world's longest fresh water beach, this property is ideal as a full-time residence, weekend retreat, or investment opportunity. Don't miss your chance to have your very own piece of paradise in Wasaga Beach!

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow-Raised
Approx. Age6-15
Size1100-1500 sq. ft.
Property Tax$4,429
Lot Size50 ft x 124.6 ft
mls© NumberS13668304
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%
$3,890
Property tax
$369
Heat allowance
$150
Housing costs
$4,409 / mo

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

Down payment20% · $152,000
25-yr amortization

Income needed

$136,000

gross annual household income

Payment at 4%
$3,198 / mo
Cash down
$152,000

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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