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Listed 11 days ago

93 Village Gate Drive

Wasaga Beach, Wasaga Beach

$985,000

Detached|Bungalow-Raised
3 | 3 | 6
About this home

If you have been patiently waiting for the perfect property near Georgian Bay, then this one could be for you. This detached bungalow (2022) in a newer subdivision offers a comfortable balance between a lively neighbourhood near amenities, and beautiful nature views minutes to the lake. The lot is an impressive 60' by 120' deep with no rear neighbours. The backyard currently faces green space and is scheduled to become a future golf course, offering spectacular views through all the seasons. The property's three car garage provides plenty of room for gear and outdoor equipment for an active lifestyle, as well as parking for guests who will be excited to join in on the fun. Inside, the property offers over 1700 square feet on the main floor alone, with the comforts you would expect from a newer home including 9 feet ceilings, engineered hardwood floors, and potlights. Enjoy the backyard views from inside the open concept living dining area which features extra tall windows and patio door to take it all in. The views continue to the primary bedroom which offers plenty of room for a king-sized bed, two walk-in closets, and a luxurious 5-piece bath that includes a glass enclosed shower, standalone tub, and double sink vanity. A second bedroom with a 4-piece ensuite is perfect for additional family or guests and a third bedroom offers a flexible space that can also be used as a den or office. The backyard can be accessed via the patio door from the eat-in kitchen and offers deck space, grass space, and a swim spa that can used all year round. A mudroom with garage access and laundry, as well as a convenient powder room complete the main floor. The full unfinished basement offers an additional 1700+ square feet to further expand the potential of this property. Located 30 minutes to Collingwood and Barrie and less than 2 hours to the GTA, Wasaga is experiencing millions in private and public investment and exciting growth. Contact your agent today.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungalow-Raised
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$4,869
Lot Size60.04 ft x 120.08 ft
mls© NumberS13878362
Listed ByRoyal LePage Real Estate Associates

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%
$5,042
Property tax
$406
Heat allowance
$150
Housing costs
$5,597 / mo

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

Down payment20% · $197,000
25-yr amortization

Income needed

$172,000

gross annual household income

Payment at 4%
$4,145 / mo
Cash down
$197,000

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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