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Investment signal

$649,000

138 45TH STREET N

Save this home

Beds

4

Baths

3 full + 1 half

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Wasaga Beach. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Welcome to 138 45th Street North, ideally located in the heart of Wasaga Beach. This spacious home offers the perfect blend of convenience and coastal living, just minutes from the sandy shoreline and within walking distance to shopping, restaurants, parks, and everyday amenities. Whether you're looking for a full-time residence, weekend getaway, or investment opportunity, this property offers incredible flexibility.Inside, you'll find a bright and inviting layout with generous living spaces and plenty of natural light. The open living and dining areas create a comfortable setting for entertaining or relaxing, while the kitchen offers ample storage and convenient access to the backyard. The lower level features updated flooring and provides additional living space with excellent potential for multi-generational living or the possibility of a second unit.Situated on a generous lot with ample parking, this home is located in a family-friendly neighbourhood close to schools, trails, and public transit. Spend your days enjoying nearby beaches, shopping, and restaurants, all just moments from your door.Whether you're seeking lifestyle, convenience, or investment potential, this Wasaga Beach home delivers the best of it all. (id:65958)

Subtype
Single Family
Structure
House
Community
Wasaga Beach
Common interest
Freehold
Lot dimensions
50 x 150 FT
Bedrooms
3 above grade, 1 below grade
Parking
8 total
Stories
2
On market
Apr 1, 2026
Status changed
Apr 16, 2026
Annual tax
$4,290 (2026)
Zoning
R1
Photos
27
MLS#
S12942908
Area
WASAGA_BEACH

Features and systems

Parking

No Garage

Basement

FinishedSeparate entranceWalk outN/AN/A

Appliances

WasherRefrigeratorWater meterStoveRangeDryerOven - Built-InWater Heater

Heating

Forced airNatural gas

Cooling

Central air conditioning

Exterior

Aluminum sidingBrick Facing

Foundation

Poured Concrete

Lot

Flat siteDryIn-Law Suite

Utilities

SewerElectricityCable
Negative cash flow ~$732/mo at these assumptions

Cash on cash

-6.77%

Cap rate

3.51%

GRM

16.6

Break-even rent

$4,020

Financing

Down payment$129,800
Loan amount$519,200
Mortgage$2,631/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$297
Insurance$80
Maintenance$541
CapEx reserve$270
Vacancy loss$163

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,631/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.

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