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42 WASAGA WOODS CIRCLE Wasaga Beach, ON, L9Z 2Y9

Property Description for 42 WASAGA WOODS CIRCLE

You'll Love This Stunning, Fully Updated Condo Located In The Sought-After Wasaga Woods, A Quiet Family-Friendly Neighborhood Within Walking Distance To The Sandy Shores Of Georgian Bay. This Home Offers Two Bedrooms, Both Complete With Renovated Ensuite Baths, Including A Breathtaking Primary Suite Occupying The Entire Second Floor, Providing a Serene Retreat. Enjoy The New Flooring and Light Fixtures Throughout, A Fully Updated Kitchen Overlooking A Spacious Living Room And Dining Area With Vaulted Ceilings And Skylights, Complete With Walkout To A Private Patio Area, Perfect For Relaxation Or Entertainment. With Two Parking Spaces And Close Proximity To All Amenities, Parks, Schools, Beaches And More This Condo Provides An Ideal Blend Of Comfort And Convenience. Don't Let This Amazing Opportunity Pass You By! (id:38686)

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1 Assignment Sale

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• Type: Townhouse
• Status: Assignment Sale
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• Approximate Size (SqFt): 1800-1999

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• Approximate Size (SqFt): 2500-2999

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166 58th Street S, Wasaga Beach, ON, L9Z 1N9

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• 166 58th Street S

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Property Information:

Welcome to 166 58th St South, an all-brick raised bungalow located in the highly desirable West End of Wasaga Beach. This home offers a perfect blend of comfort & convenience, ideal for those seeking a relaxed lifestyle in a prime location. Inside, you’ll find a large open concept dining and living area. The home is designed for main floor living, featuring a spacious bedroom and large 4pc bathroom with a laundry closet, all on one level. Additionally, the fully finished lower level offers a 3 pc bathroom, a guest bedroom, large recreation room, an office area, and home gym room. From your kitchen, step outside to your walk-out deck, built in 2017, overlooking town-owned treed land. Enjoy the tranquility of your very quiet backyard which backs onto a serene walking path leading to the scenic Carly Patterson Trails and a picturesque pond with a soothing water fountain. The West End location provides quick access to Collingwood and Blue Mountain, making this home perfect for those who love the outdoors. Walk, bike, or drive to the beach with your free municipal parking passes. All your shopping needs are less than 5 minutes away, with the added convenience of a nearby casino and restaurants. Enjoy a vibrant community with great neighbors in an established neighborhood. The YMCA Rec Plex is just around the corner, offering amenities like a dog park, tennis courts, pickleball courts, and swimming pools. Don’t miss your chance to own this beautiful home in one of Wasaga Beach’s most sought-after locations!

Inclusions: Built-in Microwave,Carbon Monoxide Detector,Dishwasher,Dryer,Garage Door Opener,Hot Water Tank Owned,Refrigerator,Smoke Detector,Stove,Washer,Window Coverings,Computer Desk On Lower Level

Exclusions : Bar Cabinet With Danby Fridge In Kitchen, Freezer In Lower Level

Building Features:

• Floor Space: 1221.49

Property Features:

• Bedrooms: 2
• Bathrooms: 2+0
• Acres Range: < 0.5
• Architectural Style: Bungalow Raised
• Basement: Full, Finished, Sump Pump
• Built in: 2000
• Cooling: Central Air
• Driveway Parking: Private Drive Double Wide
• Exterior Features: Landscaped, Recreational Area, Year Round Living
• Floor Space (approx): 1221.49 Square Feet
• Heating: Forced Air, Natural Gas
• Interior Features: Auto Garage Door Remote(s)
• Laundry Features: In Bathroom, Main Level
• Lot Depth: 131.49 Feet
• Lot Features: Urban, Rectangular, Beach, City Lot, Near Golf Course, Library, Open Spaces, Park, Place of Worship, Quiet Area, Rec./Community Centre, School Bus Route, Schools, Shopping Nearby, Skiing, Trails
• Lot Frontage: 49.20 Feet
• Parking Features: Attached Garage, Garage Door Opener, Asphalt
• Road Frontage Type: Municipal Road, Year Round Road
• Road Surface Type: Paved
• Roof: Asphalt Shing
• Security Features: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s), Smoke Detector(s)
• Utilities: Cable Available, Cell Service, Electricity Connected, Garbage/Sanitary Collection, High Speed Internet Avail, Natural Gas Connected, Recycling Pickup, Street Lights, Phone Available
• View: Trees/Woods
• Water Source: Municipal-Metered
• Window Features: Window Coverings
• Sewer: Sewer (Municipal)
• No. of Parking Spaces: 5
• Bathroom Main Level 3.43 X 4.42
• Bedroom Other level :Lower 3.71 X 2.90
• Storage Other level :Lower 3.84 X 3.51
• Bathroom Other level :Lower 2.57 X 1.78
• Storage Other level :Lower 2.39 X 3.05
• Living Main Level 4.72 X 6.17
• Primary Bedroom Main Level 4.60 X 4.17
• Dining Main Level 3.07 X 3.05
• Recreation Room Other level :Lower 4.83 X 11.51
• Kitchen Main Level 5.00 X 5.54

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Location of 166 58th street s, wasaga beach, on, l9z 1n9.

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Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change. ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: High

ClimateCheck®

Current data

This property, 166 58th Street S, experiences 7 hot days per year at around 30.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

# Hot Days Per Year

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk:

This property, 166 58th Street S, experiences 11 significant 2-day storms per year, with about 299.7mm of precipitation per storm.

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 376.6mm of precipitation per year.

Precipitation Per Storm

48-Hour Storms Per Year

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 166 58th Street S, Wasaga Beach, ON, L9Z 1N9

Employment Type

Average Household Income

Average Number of Children

Household Population

Household structure, age of population, education level.

No certificate/diploma/degree

High school certificate or equivalent

Apprenticeship trade certificate/diploma

College/non-university certificate

University certificate (below bachelor)

University Degree

Travel To Work

By Public Transit

By Other Methods

Cultural Diversity

Knowledge of official language, mother tongue, building information, building type.

Apartments (Low and High Rise)

Own Vs. Rent

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66 White Sands Way,   Wasaga Beach, ON L9Z 0E1

What's special.

Welcome to your dream home at 66 White Sands! This stunning detached property boasts 3 spacious bedrooms and 2 luxurious bathrooms, providing ample space for you and your family to live comfortably. One of the most unique features of this home is its prime location - it backs onto a beautiful Provincially owned forest, offering you a serene and peaceful living environment. Imagine waking up every morning to the sound of birds chirping and the smell of fresh forest air! The open concept layout of this home is perfect for those who love to entertain. The kitchen is equipped with plenty of cupboards, centre island and gorgeous granite countertops. You'll love cooking up a storm in this modern and stylish kitchen. The living room is the heart of the home, featuring a cozy gas fireplace and stunning views of the backyard. Whether you're relaxing with a good book or hosting a movie night with friends, this space is perfect for any occasion. The walk-out basement is unfinished, providing endless opportunities for you to customize and make it your own. With a double garage and inside entrance, you'll have plenty of space for your vehicles and storage needs. The 3 bedrooms on the main level offer ample space for you and your family to rest and recharge. The master bedroom features a full ensuite with a separate shower and jet tub, providing the ultimate relaxation experience. If you're looking for a place to call home, this property is move-in ready and waiting for you! Don't miss out on the opportunity to own this stunning property - book your viewing today! Show more

Travel times

Facts & features, bedrooms & bathrooms.

• Bedrooms : 3
• Bathrooms : 2
• Full bathrooms : 2
• Main level bathrooms : 2
• Main level bedrooms : 3
• Level : Main
• Features : 4-Piece
• Features : 5+ Piece, Ensuite

Living room

• Forced Air, Natural Gas
• Central Air
• Included : Dishwasher, Dryer, Refrigerator, Stove, Washer
• Basement : Walk-Out Access,Full,Unfinished,Sump Pump
• Has fireplace : No

Interior area

• Total structure area : 1,700
• Total interior livable area : 1,700 sqft
• Finished area above ground : 1,700

Virtual tour

• View virtual tour
• Total spaces : 6
• Parking features : Attached Garage, Asphalt, Private Drive Double Wide
• Attached garage spaces : 2
• Uncovered spaces : 4
• Exterior features : Backs on Greenbelt, Private Entrance, Year Round Living
• Frontage type : West
• Frontage length : 50.00
• Size : 6,198 sqft
• Dimensions : 123.97 x 50
• Features : Urban, Greenbelt, Landscaped, Playground Nearby, Schools, Shopping Nearby, Trails
• Parcel number : 589630585
• Zoning : R1

Construction

Type & style.

• Home type : SingleFamily
• Architectural style : Bungalow Raised
• Property subtype : Single Family Residence, Residential
• Vinyl Siding
• Foundation : Poured Concrete
• Roof : Asphalt Shing
• 6-15 Years,New Construction
• New construction : Yes
• Year built : 2010

Utilities & green energy

• Sewer : Sewer (Municipal)
• Water : Municipal-Metered

Community & HOA

• Region : Wasaga Beach

Financial & listing details

• Price per square foot : C$470/sqft
• Annual tax amount : C$3,642
• Date on market : 8/20/2024
• Inclusions : Dishwasher, Dryer, Refrigerator, Stove, Washer, Water Softener
• Simcoe County
• Wasaga Beach
• 66 White Sands Way

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Real Estate Definition: Assignment Sale

When a buyer enters into a purchase agreement for a pre-constructed or newly built property, they may find themselves in a situation where they no longer wish to proceed with the purchase. In such cases, the buyer can assign their rights and obligations under the agreement to a new buyer – and this is where an assignment sale comes in.

What is an Assignment Sale?

An assignment sale refers to a sales transaction in which the original buyer of a property (“assignor”) transfers their rights and obligations of the Agreement of Purchase and Sale to another buyer (“assignee”) before the original buyer takes possession of the property. The assignee then becomes responsible for completing the deal with the seller. Essentially, an assignment clause allows the buyer to sell the property before they move in. While assignment sales can occur with both homes and condos , they are more common among buyers of pre-construction condos.

Factors to Consider Before Entering an Assignment Sale

While assignment sales can be advantageous, it is crucial for both the original buyer and the new buyer to consider certain factors before entering into such transactions.

Developer’s Consent

Before proceeding with an assignment sale, you must obtain the developer’s consent. Some developers may have strict rules or restrictions, and failure to comply can lead to legal complications.

Assignment Fees

The assignor may charge an assignment fee to the new buyer for transferring their rights and obligations. This fee can vary depending on the market conditions and the specific terms of the Assignor-Assignee Agreement.

Legal Advice

Both parties should seek legal advice before entering into an assignment sale. This ensures that all parties understand their rights, obligations, and potential risks associated with the transaction.

How Does an Assignment Sale Work?

Before proceeding with an assignment sale, the original buyer must obtain the consent of the developer or builder. This step is crucial as some developers may have specific rules or restrictions regarding assignment sales. When the developer consents, the original buyer can look for a new buyer to take over the purchase agreement.

Once there’s a new buyer, both the original buyer and the new buyer (assignee) enter into an agreement known as the Assignor-Assignee Agreement. This agreement outlines the terms and conditions of the assignment sale, including the assignment fee, if any. Then, the developer will review the Assignor-Assignee agreement and may require additional documentation or fees.

Once the developer approves the assignment sale, the closing process begins. At this stage, the new buyer is responsible for completing the purchase, including paying any remaining balance to the developer.

Why Do Assignment Sales Happen?

One primary reason why assignment sales happen is a change of plans. People may decide to leave the area due to personal circumstances such as starting a family, getting married, or looking for job opportunities elsewhere. Additionally, some individuals may face financial challenges that prevent them from completing the purchase.

Alternatively, a common scenario involves investors who never intended to close on the property acquisition. A popular investment strategy is to purchase a property during its early release to take advantage of the emerging market and low pricing and sell it before incurring land transfer taxes, HST, or becoming tied to a mortgage.

Benefits of Assignment Sales

Assignment sales can offer several benefits to both the assignor and the assignee. Some of these benefits include:

Profit Potential

For the original buyer, an assignment sale provides an opportunity to make a profit without completing the purchase. If the market value has increased since the initial purchase agreement, the assignor can sell their rights at a higher price.

Opportunity for Early Ownership

The assignee can benefit from an assignment sale to gain early ownership of a pre-construction property. This can be particularly appealing for individuals looking to invest in real estate or those with specific requirements for a new home.

Flexibility

Assignment sales offer flexibility to both parties involved. The original buyer can exit the purchase agreement without incurring significant penalties, while the new buyer can secure a property without going through the entire pre-construction process.

How a Real Estate Agent Can Help You Navigate this Process

Assignment sales are a complicated process; working with an experienced real estate agent who can help you navigate and understand the ins and outs of this transaction is crucial. These professionals can not only assist you in marketing your assignment, but they can also overcome any limitations imposed by the builder. Moreover, agents have a vast network and can easily connect you with an interested buyer. Although assignment sales may seem daunting, having a skilled lawyer and an experienced realtor is a smart financial move!

The post Real Estate Definition: Assignment Sale appeared first on RE/MAX Canada .

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