For Sale
Just Listed
196 Melrose Avenue
Wasaga Beach, Wasaga Beach, ON
$420,000
2Bd
1Ba
900+sqft
4Parking
49.98 x 149.94 ftlot
$467/sqft
DetachedMLS# S13126978Listed 2026-05-140 DOM
Heating
Water Heater Owned
Basement
Partially Finished
Just listed! New listings in Wasaga Beach often receive offers within the first week.
About this home
2-bedroom, 1-bathroom bungalow with a FULL BASEMENT in a great central Wasaga Beach location, just minutes to the beach, shops, restaurants, and everyday amenities. Offering approximately 900 sq ft of living space on the main level, this home features a functional layout, comfortable bedrooms, and the added bonus of a full basement for storage or future potential. Situated on a large, 50' x 150' lot with a covered front deck, this property is a great opportunity for first-time buyers, investors, downsizers, or those looking for a cottage getaway close to the water. Gas Furnace (2017), Front Shingles Replaced (2023).
Rooms
Main Floor
| Living Room | 2.88 × 4.87 m | |
| Dining Room | 3.29 × 3.18 m | |
| Kitchen | 3.03 × 3.28 m | |
| Primary Bedroom | 3.10 × 4.29 m | |
| Bedroom 2 | 3.48 × 2.79 m | |
| Bathroom | 1.62 × 2.80 m | 4 Pc Bath |
Lower
| Recreation | 4.72 × 5.81 m | |
| Den | 5.63 × 2.84 m | |
| Bedroom 3 | 3.11 × 2.87 m |
Features
- In-Law Capability
- Primary Bedroom - Main Floor
- Water Heater Owned
- Full
- Partially Finished
- None
- Bungalow
Financials
Annual Taxes
$1,995
Estimated Rental Income
Entire property$2,600 – $3,800/mo
Rental yield7.4% – 10.9%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Wasaga Beach
Days on market0 days
Buyer's MarketSeller's Market
Based on active listings in Wasaga Beach. Data updates daily.
Our estimate for this home
Estimated range
$435K – $506K
Mid-point $470K · ~$522/sqft
How this listing compares
$435KList · $420K$506K
High confidence·Based on 105 wasaga beach comparables
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
57
/ 100
Walk Score
Somewhat Walkable
40
/ 100
Transit Score
Some Transit
41
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
You may also like
More homes in Wasaga Beach
Hand-picked listings with a similar price range and style.
For Sale21 h ago
$399,500
Detached
est. $1,751/mo
37 Indiana Avenue, Wasaga Beach
Wasaga Beach, ON
2 bd
2 ba
900
4
MLS# S13127006Royal LePage Locations North
For Sale3 days ago
$329,900
Detached
est. $1,446/mo
3 Illinois Crescent, Wasaga Beach
Wasaga Beach, ON
2 bd
2 ba
900
2
MLS# S13115726Re/Max Hallmark Chay Realty
For Sale15 days ago
$419,900
Detached
est. $1,841/mo
457 Mosley Street, Wasaga Beach
Wasaga Beach, ON
2 bd
1 ba
—
3
MLS# S13064650Century 21 Millennium Inc.
For Sale4 days ago
$525,000
Detached
est. $2,302/mo
65 Pennsylvania Avenue, Wasaga Beach
Wasaga Beach, ON
2 bd
2 ba
900
3
MLS# S13111100Re/Max Hallmark Chay Realty