$1,499,888
Wasaga Beach
57 38th Street North, Wasaga Beach, Ontario, L9Z2B5
This multi-family property in Wasaga Beach is for sale offering roughly 2,750 sq ft of space. It has been on the market 51 days, fresher than the Wasaga Beach average of 84 days.
Welcome to this stunning, fully renovated and move-in-ready legal duplex located in the heart of beautiful Wasaga Beach! Steps away from Beach 5, the World's Largest Freshwater Beach on Georgian Bay. One of the few legal duplexes on the North side of Mosley Street. If you know Wasaga, you'll know North of Mosley Street is the place to be! Each self-contained apartment has been thoughtfully renovated from top to bottom, featuring brand new kitchens with elegant quartz countertops and new appliances, spacious living areas, and dedicated laundry rooms. Major upgrades include brand new windows and exterior doors, kitchens, flooring, updated to the latest Township standards, all new plumbing and electrical, and all new mechanical; two separate furnaces, two water heaters, two HVR units, two hydro and two gas meters, making each unit truly independent. A self-contained mechanical room houses all of the equipment for easy and hassle-free servicing. The upper unit features 4 bedrooms and 2 baths with its own deck, a large living room and a modern kitchen. The main floor features 3 bedrooms and 2 baths with a large kitchen and easy entry access for those who can't do stairs. Live in one unit and lease the other to help offset your mortgage, or perfect for the savvy investor in this thriving Town with large scale growth already underway. Estimated rental income of $5,500-6,000 monthly. The large backyard allows the opportunity to construct a garden suite for even more income potential! Enjoy everything this sought-after community has to offer, including beaches, trails, parks, restaurants, shopping, and year round recreation. Modern living with cottage vibes. Turnkey! Nothing left to do but move in and enjoy! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 51 days on market, against an average age of 84 days across the listings currently for sale in this city
This 7-bed multi-family in Wasaga Beach has been listed for 51 days, which is 33 days fresher than the city average of 84. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,499,888, about 19.7× the local median household income of $76,000.
Carrying it typically needs a household income of about $292,981 (20% down, 25-yr amortization, stress-tested) — roughly 286% above the area median.
Source: Statistics Canada, 2021 Census (FSA L9Z)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.