Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Wasaga Beach. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $949,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Beautifully maintained 3+1 bedroom raised bungalow with a LEGAL 1-BEDROOM APARTMENT and rental income potential of approximately $20,000 annually. Ideally located in Wasaga Beach's desirable west end, just steps from Georgian Bay with waterfront access around the corner, nearby walking trails, and convenient access to both Collingwood and Wasaga Beach amenities. Built in 2018, this bright and inviting home offers an open-concept main level with 3 bedrooms and 2 full bathrooms. Thoughtful updates include a custom natural stone gas fireplace crafted from Georgian Bay stone in 2022, fresh paint in 2025, upgraded pot lights and kitchen backsplash in 2023, A/C in 2019, washer and dryer in 2021, and refrigerator in 2025. The finished lower level adds valuable living space, including a family room, an office or guest area, and a 2-piece bath, completed in 2023. The legal 1-bedroom suite was professionally completed in 2021 with permits and licensed trades. Designed for comfort, privacy, and functionality, it features a separate walk-up entrance, private laundry, a separate electrical panel, oversized windows, enhanced soundproofing with resilient channel and double drywall, and upgraded fire-safety measures, including a sprinkler system in the mechanical room and a furnace fire-shutoff sensor. Heated concrete walk-out stairs with heat tracer cables provide added peace of mind for winter access. Outside, enjoy a large rear deck, fully fenced backyard, mature landscaping, natural stone front walkway, and recently sealed driveway. Move-in ready with built-in income potential, ideal for rental income, multigenerational living, extended guests, or rentals over 30 days.A rare opportunity to own a meticulously cared-for home close to beaches, golf, skiing, trails, shopping, and everyday amenities in one of Wasaga Beach's most sought-after west-end neighbourhoods.
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Beach, Fenced Yard, Hospital, Lake Access, Public Transit, School Bus Route
Accessory Apartment, Air Exchanger, Auto Garage Door Remote, In-Law Suite, Primary Bedroom - Main Floor
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This could be the first listing for this address.
Data-driven valuation for 37 Marilyn Avenue N, Wasaga Beach, ON L9Z 2Y5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Wasaga Beach.
About Purchasing a Home in Wasaga Beach, ON
For a property listed at $949,900 in Wasaga Beach, the legal minimum down payment is $69,990 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $15,473 for this transaction. As this listing is in Wasaga Beach (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $15,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.