3-Bed Bungalow Near Wasaga Beach with Detached Garage

Property details for 1085 River Road E, Wasaga Beach

Type: Residential
Style: Bungalow
Bedrooms: 3
Bathrooms: 1
Lot Size: 49.9 x 123.7 FT
Stories: 1
Basement: Unfinished, N/A
Parking: Detached Garage, No Garage
Heating: Electric, Other
Cooling: Wall unit
Exterior: Wood
Ownership: Freehold
Annual Taxes: $2,446

A 3-bed, 1-bath bungalow sits on an irregular 49.9 x 123.7 ft lot, so there's more yard than the frontage suggests. Built on a concrete foundation with wood exterior, it's a solid single-story layout where all living spaces are on one level. Inside, you'll find vinyl flooring throughout, a fireplace for colder months, and the kitchen comes with a water purifier and water treatment system. The basement is unfinished, so it's a blank canvas if you want extra living space. Parking's sorted with a detached garage and four total spots. Heating is electric with a wall unit for cooling, which might be a bit different depending on what you're used to. This property on River Road E is about 7 km from Wasaga Beach Provincial Park and within easy reach of restaurants like 50's and 60's Diner and Wild Wings. Taxes run about $2,446 annually, and the asking price of $479,900 is above the nearby median sold price of $449,900, but with only 1 sale in the last 30 days and 8 active listings, it's a market that's moving. Given a listing score of 89 out of 10, it's got good bones and a prime location for a weekend getaway or year-round living.

About 1085 River Road E, Wasaga Beach — Property Score

Hot Market Well Priced

Score: 67/100

Value

Priced 34.2% below area median of $729,195 based on 211 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - typical for similarly priced homes 60

1 bathroom - 1 fewer than similarly priced properties nearby 48

6,173 sqft lot - a generous lot for the area 78

Location

$65K median household income - near the Canadian average of $70K 63

87% of residents hold postsecondary credentials - a highly educated neighbourhood 94

91% homeownership rate - indicating a stable, owner-occupied community 94

37% of residents commute under 30 minutes - longer average commute times 59

197/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 86 days on market 100

+21.9% median price change over 1 month - rising prices in the area 100

45 months of housing supply - 270 active listings with 6 sold last month (buyer's market) 40

Features

4-car garage - area average is 5.2 spots 95

Unfinished, N/A basement - adds valuable living space 85

Electric, Other 50

Wall unit 60

No premium extras like pool, waterfront, or view 50

Investment

0.51% effective tax rate ($2,446/yr) - very low tax burden 85

9% renter population - primarily owner-occupied area 41

Quality

Condition

Listing

50 photos provided - 35% more than the area average of 37 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.