1950 Shore Lane

FOR SALE
$929,000
1950 Shore Lane, Wasaga Beach
1950 Shore Lane
1950 Shore Lane
1950 Shore Lane
1950 Shore Lane
1950 Shore Lane
1950 Shore Lane
1950 Shore Lane
1950 Shore Lane
1950 Shore Lane
1950 Shore Lane
1950 Shore Lane
1950 Shore Lane
1950 Shore Lane
1950 Shore Lane
1950 Shore Lane
1950 Shore Lane
1950 Shore Lane
1950 Shore Lane
1950 Shore Lane
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
S9365033
MLSID
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Property Description
RARE OPPORTUNITY. A beachfront property and cottage for under $1,000,000. With interest rates poised to decline, now is the optimal time to secure this beachfront property. Make it yours before values rise in response to the interest rate dropping. Are you looking for a prime beachfront property with stunning sunsets? One that is ideal for entertaining or simply relaxing and falling asleep while listening to the waves? Having direct beach access, you can enjoy a leisurely stroll along the world's longest freshwater beach or indulge in water sports at your doorstep. Perfectly positioned to soak in breathtaking views, this portion of paradise combines the tranquility of beach living with the convenience of nearby amenities. Step inside to find an open-concept living area that flows seamlessly to a spacious deck leading out onto the bay. The bright and airy kitchen features modern appliances and ample counter space, making meal prep a breeze. Both bedrooms offer generous space and abundant natural light. What sets this property apart is how it provides the potential to convert the dwelling into your dream home with plenty of room remaining for outdoor activities. Only 20 minutes from Blue Mountain and located close to restaurants, the casino and recreational facilities. Do not miss your chance to live each day like you are on vacation ... schedule your private showing today!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-07-12 2024-09-05 55 $899,000 - Terminated
2024-05-06 2024-07-12 67 $999,000 - Terminated
2024-04-18 2024-05-06 18 $1,149,000 - Terminated
Property Features
Beach, Public Transit, Rec Centre, School Bus Route, Skiing, Waterfront
Property Details
Community
Property Type
Cottage, Bungalow
Approximate Sq.Ft.
< 700
Lot Size
40' x 237'
Fronting
North
Taxes
$3,591 (2023)
Basement
Crawl Space, Unfinished
Exterior
Vinyl Siding, Wood
Heat Type
Other
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
10
Driveway
Private
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain11.15' x 13.78'
KitchenMain10.83' x 11.15'
BrMain7.87' x 11.15'
2nd BrMain7.55' x 11.15'
FoyerMain3.28' x 11.15'
BathroomMain5.91' x 7.87'
Wasaga Beach Market Statistics
Wasaga Beach Price Trend
1950 Shore Lane is a 2-bedroom 1-bathroom home listed for sale at $929,000, which is $290,638 (45.5%) higher than the average sold price of $638,362 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom home in Wasaga Beach declined by $6,932 (1.1%) compared to the previous 30 day period (September 21 - October 20) and down $171,638 (21.2%) from the same time one year ago.
Inventory Change
There were 9 2-bedroom homes listed in Wasaga Beach over the last 30 days (October 21 - November 19), which is down 52.6% compared with the previous 30 day period (September 21 - October 20) and down 30.8% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom homes in Wasaga Beach typically sold ($21,950) (3.4%) below asking price over the last 30 days (October 21 - November 19), which represents a $9,933 decrease compared to the previous 30 day period (September 21 - October 20) and ($29,900) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Wasaga Beach over the last 30 days (October 21 - November 19) stood at 133.3%, up from 89.5% over the previous 30 days (September 21 - October 20) and up from 53.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom home in Wasaga Beach stood at 29 days when successfully sold over the last 30 days (October 21 - November 19), compared to 82 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 In-Studio Realty Inc.
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