$589,900

For sale

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#206 764 River Road East, Wasaga Beach - Single Family for Sale

#206 764 River Road East, Wasaga Beach, Ontario, L9Z2M7

2 beds2 baths1 parking ft²

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Listed by RE/MAX GOLD REALTY INC.

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For sale

27 days ago

$485K

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3 bd2 ba3 pk1,300 ft²+$114/mo

Listed by Royal LePage Locations North

Investment analysis

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$589,900

Wasaga Beach

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Overview

This 2-bedroom, 2-bathroom condo in Wasaga Beach is for sale offering roughly 950 sq ft of space. Its $589,900 asking price sits right in line with the $590,000 median in Wasaga Beach. It has been on the market 8 days, fresher than the Wasaga Beach average of 84 days.

Condos for Sale in Wasaga Beach →All real estate in Wasaga Beach →

Description

It's all about the view at 764 River Road East, Unit 206. This 2-bedroom plus den condo offers an incredible waterfront setting with beautiful views of the water and Blue Mountains. With two private balconies, there is plenty of space to take in the scenery from morning to night. The functional layout offers two bedrooms, a versatile den and comfortable living space, making it a great option for a full-time home, weekend getaway or cottage alternative. Located in a sought-after waterfront community in Wasaga Beach, close to the beach and everything the area has to offer. (id:66096)

Property Details

MLS®: S14120938
Property Type: Single Family
Zoning: CT2
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Pool: Yes
Waterfront: Yes
Condo Fee: $900/mo
Fee Includes: Common Area Maintenance, Water, Parking
Ownership: Condo/Strata
Property Tax: $4,204/yr
Listed: 8 days ago

Area context

Neighbourhood profile (L9Z)

This home lists at $589,900, about 7.8× the local median household income of $76,000.

Carrying it typically needs a household income of about $115,228 (20% down, 25-yr amortization, stress-tested) — roughly 52% 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)

$589,900· $621/ft²

For sale

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Full Cost Breakdown

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Down Payment5.76% · $33,990.00

Min 5.76%50%

Mortgage payment$3,082/mo

↳ CMHC premium ($22,236 capitalized)

Property tax (est.)$350/mo

Condo fee$900/mo

Total monthly$4,332

Cash Needed to Close

Down payment (5.76%)$33,990

Land transfer tax$8,273

Est. closing costs$4,270

Total cash needed$46,533

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

#206 764 River Road East, Wasaga Beach - Single Family for Sale

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