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Rural Springwater, Springwater
$1,300,000
Rare opportunity to purchase a 4.4 acre hobby farm on the edge of Wasaga Beach. Only 4 kms from Beach 1. The possibilities of this property are endless. Property boasts a 1500 sq ft main house with a 1 bedroom Apartment and a 2 bedroom Jayco Trailer, and huge classic timber frame barn with wide open main floor and paddocks in the basement. Family home, hobby farm, weekend retreat with barn to store all your toys, family cottage/compound, use your imagination. House is set well back from the main road with a huge cedar hedge for privacy. Property has beautiful vistas over fields and golf courses all the way to the ski hills. 300 ft of frontage on County Road 92 on the main entrance to Wasaga Beach for future potential. House requires major renovation, being sold AS-IS, Seller makes No Representations or Warranties. Call today to view this beautiful piece of property!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $2,767 |
| Lot Size | 300.38 ft x 635.71 ft |
| mls© Number | S13857020 |
| Listed By | Royal LePage Locations North |
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%
- $6,654
- Property tax
- $231
- Heat allowance
- $150
- Housing costs
- $7,035 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$216,000
gross annual household income
- Payment at 4%
- $5,471 / mo
- Cash down
- $260,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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