
196 Melrose Avenue
Wasaga Beach, ON L9Z 2T1
- 2Bedrooms
- 1Bathroom
- 0Garage
- 700–1100Sq Ft
- $1,995Tax
- 50×150 ftLot Size
- Estimated Value:$461,000See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 196 Melrose Avenue, Wasaga Beach
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About 196 Melrose Avenue, Wasaga Beach
Summarized Description
- 2-bedroom, 1-bathroom bungalow in Wasaga Beach.
- Full basement offers storage and potential.
- Large 50' x 150' lot with covered deck.
- Minutes away from beach, shops, and restaurants.
- Gas furnace updated in 2017, shingles in 2023.
- Great opportunity for first-time buyers and investors.
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).
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $1,995
- Land Transfer Tax Fee
- $4,875
- Basement Type
- Full, Partially Finished
Interior Features
- Interior Extras
- In-Law Capability, Primary Bedroom - Main Floor, Water Heater Owned
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- Bungalow
Construction
- Exterior Finish
- Aluminum Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 49.98 ft
- Lot Depth
- 149.94 ft
- Lot Shape
- Rectangular
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 2
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Living Room—Main level
- Dining Room—Main level
- Kitchen—Main level
- Primary Bedroom—Main level
- Bedroom 2—Main level
- Bathroom—Main level, 4 Pc Bath
- Recreation—Lower level
- Den—Lower level
- Bedroom 3—Lower level
Washrooms
- 4-piece, Main
- Municipality
- Wasaga Beach
- Neighbourhood
- Wasaga Beach
- Main cross streets
- Mosley/Sunnidale
- Zoning
- RES
- Directions
- Heading North on Sunnidale Rd, Turn Left onto Springdale Ave, Then Left onto Melrose Ave to SOP
- MLS® number
- S13126978
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-06-16
- Listed on
- 2026-05-14
- Days on market
- 33 days
- Possession date
- 2026-07-08
- Possession type
- Flexible
- Co-op commission
- 2.5%+HST
- Seller
- Listed by
- RE/MAX Four Seasons Realty Limited
Home Market Value
Current home valuation for 196 Melrose Avenue, Wasaga Beach, Wasaga Beach, ON. Listed for $420,000
HOMEH Estimate
$461,000
Estimated Sales Range
$389,030 - $532,970
HOMEH Estimate for 196 Melrose Avenue, Wasaga Beach
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$21,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $15,960 | $11,718 | $9,996 | $0 |
=Total mortgage | $414,960 | $389,718 | $366,996 | $336,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,026monthly | $1,903monthly | $1,792monthly | $1,641monthly |
Land Transfer Tax
$4,875
$4,875
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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