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Wasaga Beach, Wasaga Beach
$1,150,000
Riverfront + Pool + Separate Income Cottage- Looking for a property that has it all? Set on a 60' x 438' riverfront lot, this property offers boating access to Georgian Bay, a 20' x 40' inground pool by the river, a separate 2-bedroom cottage, multiple garage spaces and a 3-bedroom, 3-bathroom main home. The main house has rustic wood beams, wide plank rustic flooring and a wood-burning fireplace in the open concept living room. Large windows overlook the property, and patio doors walk out to a large deck overlooking the river and yard. The oversized primary bedroom has its own ensuite and views of the backyard.The lower level has 9' ceilings, a large rec room, laundry and room to add another bedroom, along with a walkout directly to the patio, pool and backyard. The inground pool is fully fenced and has a new liner, heater and pump. Having a pool this close to the river, with boating access to Georgian Bay from your own property, is a setup that would be very difficult to recreate today.Inside entry to a garage built under part of the main house, with a new garage door opening to the backyard and is heated. It provides great storage for water toys, other outdoor gear, and also houses the home's mechanicals/ workshop. This is a great bonus space with potential to be converted into additional living space, man cave, indoor/outdoor cabana or entertaining area off the pool.A second detached garage is located closer to the road, giving you even more storage and parking.Another major feature is the separate 2-bedroom, 1-bathroom cottage. It has its own private space on the property, is separately metered and is currently rented for $1,600 per month. Perfect for additional income or use for parents, extended family, guests or as an in-law setup. The main house has several major exterior updates, including new windows, siding, soffit, fascia and eaves. All structures on the property have new roofs. Natural cobblestone paved driveway is a great upgrade.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $5,344 |
| Lot Size | 60.09 ft x 438.28 ft |
| mls© Number | S13858786 |
| 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%
- $5,886
- Property tax
- $445
- Heat allowance
- $150
- Housing costs
- $6,482 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$199,000
gross annual household income
- Payment at 4%
- $4,839 / mo
- Cash down
- $230,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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