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Listed 14 days ago

172 William Street

Victoria Harbour, Tay

$489,900

Detached|Bungalow
1 | 2 | 6
About this home

"Welcome to this beautifully maintained and thoughtfully updated home in the heart of Victoria Harbour! Offering year-round living in a desirable waterfront community, this carpet-free property offers the perfect blend of comfort, functionality, and small-town charm, with the added benefit of mixed commercial/residential zoning for exceptional flexibility and future potential.The bright and inviting interior features spacious principal rooms and a well-designed layout ideal for everyday living and entertaining. The updated kitchen showcases elegant stone countertops, abundant cabinetry, and a seamless walkout to a private deck-the perfect setting for summer BBQs, morning coffee, or relaxing evenings outdoors.The fully finished lower level with separate walkout offers incredible versatility and excellent potential for an in-law suite, multi-generational living, rental income, or a live/work setup. Major updates provide added peace of mind, including shingles (2023), upgraded electrical panel and wiring (2018), and a high-efficiency direct vent boiler.The mixed commercial/residential zoning opens the door to a variety of permitted uses, making this property an attractive opportunity for investors, entrepreneurs, home-based businesses, or buyers seeking added long-term value and flexibility.Located just minutes from Georgian Bay waterfront access, beaches, parks, marina, trails, library, grocery stores, and local amenities, this property offers the ideal balance of peaceful living and everyday convenience. Enjoy the best of waterfront community living year round, with easy access to Highway 400 and Highway 12, while being only a short drive to Midland, Orillia, and Barrie. Walking distance to the boat launch.Whether you're looking for a full-time year-round residence, investment opportunity, business potential, or weekend retreat near the water, 172 William Street is a unique property you won't want to miss."

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow
Approx. Age16-30
Size700-1100 sq. ft.
Property Tax$2,182
Lot Size73.3 ft x 91.11 ft
mls© NumberS13686130
Listed ByCENTURY 21 ATRIA REALTY INC.

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%
$2,508
Property tax
$182
Heat allowance
$150
Housing costs
$2,839 / mo

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

Down payment20% · $97,980
25-yr amortization

Income needed

$87,000

gross annual household income

Payment at 4%
$2,062 / mo
Cash down
$97,980

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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