$1,339,000

For sale

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52 Marilyn Avenue South, Wasaga Beach - Multi-family for Sale

52 Marilyn Avenue South, Wasaga Beach, Ontario, L9Z2Y1

8 beds5 baths8 parking ft²

17 Middlebrook Road, Wasaga Beach, Ontario, L9Z2Y6

9 bd6 ba4 pk3,250 ft²Lot size 50 × 100 ft (5,000 sq ft)

Listed by SUTTON GROUP-ADMIRAL REALTY INC.

57 38th Street North, Wasaga Beach, Ontario, L9Z2B5

For sale

51 days ago

$1.50M

57 38th Street North, Wasaga Beach, Ontario, L9Z2B5

7 bd4 ba6 pk2,750 ft²Lot size 50 × 175 ft (8,750 sq ft)

Listed by COLDWELL BANKER - R.M.R. Real Estate

Investment analysis

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$1,339,000

Wasaga Beach

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Property Details

MLS®: S13054310
Property Type: Multi-family
Bedrooms: 8
Beds (above / below): 6 above · 2 below
Bathrooms: 5
Parking: 8
Interior Size: 3,250 ft²
Lot Size: 50 × 250 ft (12,500 sq ft)
Frontage: 50 ft
Storeys: 2
Basement: Finished, Apartment in basement, Walk out, N/A, N/A
Heating: Forced air, Propane
Cooling: Central air conditioning, Air exchanger
Garage: Attached Garage, Garage
Waterfront: Yes
Property Tax: $3,580/yr
Listed: 190 days ago

Rooms

Main level

Family room: 4.7 x 6.9 meters
Kitchen: 4.2 x 2.5 meters
Bedroom: 4.1 x 3.4 meters
Bedroom 2: 3.9 x 3 meters
Bedroom 3: 3.9 x 3 meters
Laundry room: 1.9 x 1.9 meters

Second level

Bedroom 3: 3.9 x 3 meters
Laundry room: 1.9 x 1.9 meters
Family room: 6.7 x 6.9 meters
Kitchen: 6.1 x 2.7 meters
Bedroom: 4.1 x 3.4 meters
Bedroom 2: 3.9 x 3 meters

Basement

Bedroom: 4 x 3 meters
Bedroom 2: 4 x 3 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Water meter, Garage door opener remote(s)
Foundation: Concrete
Exterior: Stone, Vinyl siding
Lot Features: Sloping, Flat site, In-Law Suite

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Area context

Neighbourhood profile (L9Z)

This home lists at $1,339,000, about 17.6× the local median household income of $76,000.

Carrying it typically needs a household income of about $261,554 (20% down, 25-yr amortization, stress-tested) — roughly 244% 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)

$1,339,000· $412/ft²

For sale

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Full Cost Breakdown

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Down Payment8.13% · $108,900

Min 8.13%50%

Mortgage payment$6,820/mo

↳ CMHC premium ($49,204 capitalized)

Property tax (est.)$298/mo

Total monthly$7,118

Cash Needed to Close

Down payment (8.13%)$108,900

Land transfer tax$23,255

Est. closing costs$6,517

Total cash needed$138,672

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52 Marilyn Avenue South, Wasaga Beach - Multi-family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L9Z)

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Full Cost Breakdown