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Listed 24 days ago

128 Melrose Avenue

Wasaga Beach, Wasaga Beach

$1,200,000

Detached|2-Storey
4 | 3 | 6
About this home

Forget standard builder-grade finishes. This exceptional 2,830 sq. ft. custom-built home stands out with elevated design, quality craftsmanship and thoughtful upgrades throughout. At the heart of the home, the custom gourmet kitchen features high-end appliances, sleek stone countertops and an open-concept layout that flows effortlessly into the dining and living areas. The beautifully appointed electric fireplace is framed by dramatic 5-foot windows, filling the space with natural light, while engineered hardwood flooring and custom lighting continue throughout the main and upper levels. Step outside to a massive custom deck designed for summer entertaining, along with a detached backyard in-law suite currently under construction, offering added flexibility for extended family or guests. Landscape under construction. The attached garage is EV-ready with a built-in charger, and the partially finished basement is already framed and insulated, providing an excellent head start for a future media room, gym, bedrooms or additional living space. All this just minutes from Wasaga Beach, skiing, golf, schools, parks, casinos and year-round recreation. Video walk through available upon request.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$6,741
Lot Size50 ft x 150 ft
mls© NumberS13829450
Listed ByFAIR AGENT REALTY

Listing History

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  • 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%
$6,142
Property tax
$562
Heat allowance
$150
Housing costs
$6,854 / mo

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

Down payment20% · $240,000
25-yr amortization

Income needed

$211,000

gross annual household income

Payment at 4%
$5,050 / mo
Cash down
$240,000

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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