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48 Madawaska Trail, Wasaga Beach, ON L9Z 1X7

2 beds · 1 bath · 1 kitchen · 5 rooms · 2 parking spaces · 700-1100 sq ft · Laundry on the main level level · Detached
$395,900
Property tax
$1,775 / year

Resort living at fraction of the cost! This land lease home is the perfect option for 4-season living without the high purchase price. We're located in the most desirable part of the extended seasonal area of the Wasaga CountryLife resort, which means the owner is required to be away for a minimum of 30 days, which can be accumulated throughout the calendar year. This two bedroom, one washroom chalet style home features an open concept living, dining and kitchen area with cathedral ceilings and a large front porch. The kitchen includes a gas stove, built-in microwave and dishwasher as well as a fridge and reverse osmosis water system, and the gas fireplace in living room makes the space feel cozy and warm. With a washing machine and dryer in the hall between the bedrooms and washroom, you have everything on one floor and no stairs! The home is built on a full block crawlspace, where the furnace and hot water tank as well as lots of storage is located, making the 700 sf of the main floor fully available. The back of the home has an expansive sunroom, with rebuilt and insulated exterior walls, new windows (2023) and window treatments. Add insulation to the floor and ceiling and you've got the perfect 4-season sunroom. On the outside of the home, the large driveway has easy parking for two cars, a wide front deck and wonderful landscaping around the sides, plus a shed for storage. One of our favourite parts of the home is the large back deck with railings, facing onto the man-made Lake Nipissing. The spacious backyard has a fire pit for relaxing evenings and the SW exposure means you're in for some fantastic sunsets! In addition to everything this home has to offer, you have access to all of the amenities in the resort, including tennis courts, indoor and outdoor pools and much more. If you love the beach, then you'll really love that it is only a short walk away, as are local shops and services. If you're ready for a new home in Wasaga Beach, come check us out!

MLS number
S13689238
Type
Detached
Status
Active
Bedrooms
2
Bathrooms
1
Postal code
L9Z 1X7
Photos
45
Laundry
Main Level level
27days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 6 times.

Sale history is for registered usersSee what this address sold for and when, across all 6 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Wasaga Beach — 716 sales over the last five years.

Median sold priceWhat comparable homes actually sold for
$389k$573k$757k20252026this home’s asking price
$700klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
95%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d27d56d20252026
28dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in wasaga beach. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,488 people.

$52,000Median household income
84.7%Own their home
56.8%Detached houses
67.5Median age
21.3%Born outside Canada
6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35430931 — the few blocks around this address, home to 1,488 people. It describes the area, not this property.

1,488Population
61.9Average age
1.8Household size
$63,300Average household income
$52,000Median household income
85%Own their home
15%Rent
20%Condominiums
21%Born outside Canada
6%University degree
$446,000Average home value
17%Low income
15%Never married
Under $5,0001%
$10,000 to $14,9991%
$15,000 to $19,9992%
$20,000 to $24,9997%
$25,000 to $29,9995%
$30,000 to $34,9997%
$35,000 to $39,9997%
$40,000 to $44,9997%
$45,000 to $49,9996%
$50,000 to $59,9999%
$60,000 to $69,9998%
$70,000 to $79,9997%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over13%
$100,000 to $124,9996%
$125,000 to $149,9994%
$150,000 to $199,9992%
$200,000 and over1%

Percentages are of the 845 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$79,180 · minimum here is $19,795
$1,752.96per month
Borrowed before insurance$316,720
Total borrowed$316,720
Interest over 25 years at 4.5%$209,168

If you rented it out

-$1,900.88per month out of pocket
Rent$0.00
Everything it costs to hold$1,900.88
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by KELLER WILLIAMS ADVANTAGE REALTY. Listing data provided by the Toronto Regional Real Estate Board.