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Listed 1 month ago

1475 River Road W

Wasaga Beach, Wasaga Beach

$599,500

Detached|Bungalow-Raised
2 | 2 | 10
About this home

Welcome to 1475 River Road W, where this versatile raised bungalow offers a 2+2 bedroom layout, flexible living space, and an impressive 280-foot-deep lot with room to enjoy both inside and out. A purpose-built driveway with a double-wide three-point turn area provides plenty of parking and makes coming and going easy. Head inside and the home feels bright and welcoming, with large windows bringing natural light into the main living area. The updated kitchen brings a fresh, functional feel to the heart of the home, with plenty of space to cook, gather, and enjoy everyday life. Down the hall, you'll find two bedrooms along with a 4-piece bathroom, keeping the main level comfortable and easy to live in. The finished lower level adds another dimension to the home, featuring two additional bedrooms, a 3-piece bathroom, kitchenette, and convenient walk-up to the backyard. Whether used as an in-law suite, space for older children, or a comfortable setup for family and friends during extended stays, the layout provides plenty of options as your needs change. Outside is where the size of this property really comes to life. The 280-foot-deep lot gives you room to spread out, whether that means entertaining on the large back deck, gardening, letting the kids play, or spending summer evenings around the campfire. A garden shed adds extra storage, while the detached two-car garage creates even more possibilities for vehicles, hobbies, a workshop, or additional storage. Conveniently located close to schools, shopping, everyday amenities, and everything Wasaga Beach has to offer, this is a property that gives you something increasingly hard to find: space, flexibility, and room to make it your own.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. Age31-50
Size700-1100 sq. ft.
Property Tax$3,144
Lot Size64.99 ft x 282.23 ft
mls© NumberS13785328
Listed ByRE/MAX HALLMARK CHAY 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%
$3,069
Property tax
$262
Heat allowance
$150
Housing costs
$3,480 / mo

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

Down payment20% · $119,900
25-yr amortization

Income needed

$107,000

gross annual household income

Payment at 4%
$2,523 / mo
Cash down
$119,900

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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