18 Elm Drive
Wasaga Beach, Wasaga Beach
$390,000
LOCATION, LOCATION, LOCATION! Just steps from Beach One and Canada's longest freshwater beach, 18 Elm Drive is full of potential. Sitting on a great lot in an amazing location, this home is ready for someone to come in and make it their own. Whether you're looking for a renovation project, an investment opportunity, or a place to create your own beachside getaway, there is so much potential here. Bring your ideas and see what you can make of this property in the heart of Wasaga Beach! Offers a fully insulated double car garage with a mezzanine for ample storage and 4 season living.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 700-1100 sq. ft. |
| Property Tax | $2,280 |
| Lot Size | 50 ft x 125 ft |
| mls© Number | S14007664 |
| Listed By | RE/MAX By The Bay Brokerage |
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%
- $1,996
- Property tax
- $190
- Heat allowance
- $150
- Housing costs
- $2,336 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$72,000
gross annual household income
- Payment at 4%
- $1,641 / mo
- Cash down
- $78,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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