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New7 days ago

40 51ST Street N

Wasaga Beach, Wasaga Beach

$999,000

Detached|Bungalow
3 | 2 | 8
About this home

Escape to the beach and embrace four-season living in this charming home, tucked beneath mature trees on a private lot just a 3-minute walk from Beach 6 in Wasaga Beach. Offering nearly 1,600 sq. ft. of comfortable living space, this inviting home is equally suited as a weekend cottage getaway or a year-round residence. Inside, cathedral pine ceilings and a wood-burning fireplace create the warm, relaxed atmosphere of a classic cottage retreat. Hardwood flooring flows throughout the main living areas, while the kitchen features granite countertops, built-in appliances and ceramic flooring. Brand-new sliding doors frame beautiful views of the surrounding trees and open to an expansive deck, extending the living space outdoors for summer dinners, morning coffee and evenings surrounded by nature. Backing onto forest, the property enjoys a peaceful, private setting with a wonderful sense of calm. An attached double garage with interior access provides plenty of space for vehicles and all the recreational gear that comes with the Wasaga Beach lifestyle-bikes, paddleboards, beach equipment and more. Surrounded by nature yet just steps from the sand and shores of Georgian Bay, this is an inviting four-season escape where beach days, cozy fires and outdoor living can all be part of everyday life.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow
Approx. Age31-50
Size1500-2000 sq. ft.
Property Tax$5,396
Lot Size134 ft x 113 ft
mls© NumberS13722618
Listed ByRoyal LePage Signature Realty

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%
$5,113
Property tax
$450
Heat allowance
$150
Housing costs
$5,713 / mo

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

Down payment20% · $199,800
25-yr amortization

Income needed

$176,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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