$699,999

For sale

50 Forest Avenue, Wasaga Beach - Single Family for Sale

50 Forest Avenue, Wasaga Beach, Ontario, L9Z2K4

5 beds2 baths2 parking900 ft²50 × 100 ft (5,000 sq ft) lot sizeListed 164 days ago

Overview

This 5-bedroom, 2-bathroom home in Wasaga Beach is for sale offering roughly 900 sq ft of space. Its $699,999 asking price sits right in line with the $699,000 median in Wasaga Beach.

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Description

Prime location in Wasaga Beach. Fully turn-key, extensively renovated with permits in 2024/2025, including a new 70,000 BTU Lennox furnace, owned Rinnai tankless water heater, Ecobee system, kitchen, electrical wiring, plumbing, roof, doors, windows, flooring, appliances, deck and irrigation system. Situated on a large corner lot, this property also includes a grandfathered "BUNKIE" with two bedrooms and a sitting area. The main building and Bunkie sleep up to 12 plus guests, offering excellent flexibility for large families, vacation rental use, or future potential. Just a short walk to Wasaga Beach Area 1, the world's longest freshwater beach, plus the Nottawasaga River, trails, parks, places of worship, tennis courts, library, restaurants, Walmart, grocery stores, and more. Located near Wasaga's Main Beach redevelopment area, now undergoing a multi-million-dollar transformation, this property combines strong investment appeal with an exceptional lifestyle opportunity in one of Wasaga Beach's most sought-after areas. *****TURN KEY all contents, chattels, fixtures, all interior furniture, appliances all included.**** (id:66096)

Property Details

MLS®: S13172090
Property Type: Single Family
Zoning: Single Family Residential
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 50 × 100 ft (5,000 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership

Features

Appliances: Water Heater
Exterior: Wood, Hardboard
Lot Features: Cul-de-sac, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

164d

Wasaga Beach listings, avg age

85d

Price / ft²

$778

List price

$700K

Haho

This 5-bed single family in Wasaga Beach is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by VENTURE REAL ESTATE CORP. · NICK A DAMIANO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9Z)

This home lists at $699,999, about 9.2× the local median household income of $76,000.

Carrying it typically needs a household income of about $136,734 (20% down, 25-yr amortization, stress-tested) — roughly 80% above the area median.

Median household income: $76,000
Population: 24,849
Median age: 56.4
Owner / renter: 86% / 15%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA L9Z)

$699,999· $778/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $44,999.90

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,200 capitalized)

Property tax (est.)$161/mo

Total monthly$3,793

Cash Needed to Close

Down payment (6.43%)$45,000

Land transfer tax$10,475

Est. closing costs$4,600

Total cash needed$60,075

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