"Cottage Life" on Georgian Bay-what does it mean to you? Is it an easy stroll to New Wasaga Beach or cozy nights by the fire with sand between your toes and the lake in view. Are you looking for a cottage get away in a quiet area with a mix of seasonal cottages and year-round homes? somewhere with both privacy and a friendly community, making it a great place to enjoy all year long. Summer is best spent outdoors here. When you're not at the beach, the beach comes to you with a sandy backyard. Relax or entertain on the large patio with the lake as a stunning back drop and enjoy evenings around the fire pit. Inside, the home has a warm cottage feel with practical features. There are 3 bedrooms and a 3-piece bathroom, space for family and friends.The bright, spacious living room has a fireplace and opens into a seasonal sunroom with laundry. Located in the desirable east end on the edge of town, only 5 minutes drive to the stores and restaurants at Stonebridge town centre, Wasaga Beach Main Street and Beach 1. These include Walmart, Boston Pizza and of course Tims. Redevelopment plans at Beach 1 promise further enhancement to this iconic beachfront . Projects that include a 150- room boutique-style Marriott hotel and condominiums and commercial spaces, balancing living spaces with family-friendly public areas. Work has already begun and this huge investment will see property values increase very, very quickly.
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $556 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 54 Homewood Ave
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Basement
Crawl Space
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
Crawl Space
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
54 Homewood Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,911
/mo
based on the purchase price of $389,000
$77,800 cash
$311,200 financed
$262,112 total interest
Principal54%$311,200
Interest46%$262,112
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Wasaga Beach
Other 2–3 bed homes for sale in Wasaga Beach around $389K.
Average days on market48Homes sold in about 48 days on average.
Sale-to-list ratio96.2%On average, homes sold below asking.
Active listings423Homes for sale here right now.
Median vs prior 90 days−5.5%Compared with May 12 – Aug 10, 2026: prices down.
Based on 196 sales from Aug 10 – Nov 8, 2026 (209 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 54 Homewood Ave
How much is 54 Homewood Ave listed for?
54 Homewood Ave is listed at $389,000 (MLS® S13451232). Summitly updates the price as soon as the MLS® record changes.
Is $389,000 a good price for 54 Homewood Ave?
Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Wasaga Beach. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 54 Homewood Ave changed?
Yes — it was first listed at $423,000 and is now $389,000, a drop of $34,000 (8.0%).
How many bedrooms and bathrooms does 54 Homewood Ave have?
54 Homewood Ave has 3 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Wasaga Beach.
How much would the monthly mortgage be on 54 Homewood Ave?
About $1,911 a month — principal and interest on $389,000 with 20% down ($77,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 54 Homewood Ave compare with other homes in Wasaga Beach?
Its asking price of $389,000 is about 35% below the median sold price in Wasaga Beach over the last 90 days, $600,000, across 196 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 54 Homewood Ave been sold before?
Summitly has no earlier MLS® sale or lease of 54 Homewood Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 54 Homewood Ave?
54 Homewood Ave is in Wasaga Beach, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 54 Homewood Ave been on the market?
145 days — 54 Homewood Ave was listed on June 16, 2026.
What is the price per square foot of 54 Homewood Ave?
About $354 to $556 per square foot: the asking price of $389,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 54 Homewood Ave have a basement, and is it finished?
The listing describes the basement as: Crawl Space.
What is the land transfer tax on 54 Homewood Ave?
About $4,310 in Ontario land transfer tax at the asking price of $389,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
