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57 38th Street N
homes for sale · Wasaga Beach
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$1,499,888

57 38th Street N

Wasaga Beach · MLS® S13779524

746

House · Multi-family · 40 days on market

listed by Jason Pinto, COLDWELL BANKER - R.M.R Real Estate

realtor's description

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!

property details

type
House, Multi-family
bedrooms
7
bathrooms
4
parking
6
property tax
$5,211 / yr
days on market
40
MLS®
S13779524

features

  • Carpet Free
  • Community Centre
  • Washer
  • Refrigerator
  • Water meter
  • Dishwasher

monthly cost

$6,969/mo
Mortgage $6,535 · Tax $434

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$6,535/ monthly
loan $1,199,910
25-year amortization
total interest
$760,550
cash to close
$299,978
down payment; transfer tax and fees not included
total paid
$1,960,460

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Wasaga BeachGoogle Maps ↗

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listed by
Jason Pinto
COLDWELL BANKER - R.M.R Real Estate
call Jason · 905-430-6655
Powered by: REALTOR.ca
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location

Wasaga BeachGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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