54 New York Avenue
54 New York Avenue
$469,500
1 days on market
About This Listing
Buy this unit & save over $40,000 over the course of the land lease by assuming the existing lease (set to expire in March 2046 - roughly 19.5 years) & pay $649.20/month land lease fee vs. $825/month for a brand-new (21 or 30-year) lease. Retirement living at its best. Rest & relax in comfort in one of Wasaga's premier adult land lease communities. This 2-bed/2-bath, one-floor true bungalow (no stairs anywhere, even at the front door) offers a beautiful open-concept floor plan & is very bright given that it is an end unit, semi-detached home. You'll love the custom kitchen with crown valance/moulding, ceramic backsplash, under-cabinet lighting, 4 stainless steel appliances & a large centre island (with extra pot drawers) providing for extra countertop work area and/or breakfast bar. Vaulted ceilings (with pot lights) adorn the open dining & living areas, & garden doors open to a massive 29' long composite deck. Notable features include a large laundry/mud/hobby room with inside entrance to the garage, extensive use of crown moulding throughout most rooms, large primary bedroom with a walk-in closet & 3-piece ensuite (with walk-in shower). Exterior features include a covered front patio that is close enough to the Community Pond to hear the fountain/water feature; a double-wide paved drive (with parking for 2 cars) and beautiful landscaping (complete with a privacy berm in the rear yard). At over 24' long, the attached garage is large enough to park your car inside AND still have room for other "garage essentials." This very private, peaceful & tranquil neighbourhood is part of the Park Place Community comprised of over 115 acres of forest & fields, water & wilderness in Wasaga Beach. Numerous amenities include a 12,000 sq. ft. recreation complex with an indoor saltwater pool, sauna, gym, billiards & game rooms, dart boards, shuffleboard, horseshoe pits, bocce ball courts, a woodworking shop & more. Monthly Landlease fee ($649.20) + Property Taxes ($204.99) = $846.19
| Monthly Mortgage (P&I) | $2,046 |
| Property Tax (est.) | $254 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $2,300 |
Down payment: $93,900 (20.0%) · Mortgage: $375,600
Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by Royal LePage Locations North
Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.
IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.
Sold and leased listing data is provided under the Virtual Office Website (VOW) data feed and is available only to registered users who have agreed to the Terms of Use. This data is for personal, non-commercial use only and may not be copied, redistributed, or retransmitted.
MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.
Data last updated: August 23, 2026 at 06:26 a.m.