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$ 599,900
Est. payment /mo
New
678 RIVER RD W Wasaga Beach, ON L9Z 2P1
4 Beds
1 Bath
1,895 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 1,895 sqft
Price per Sqft $316
Subdivision Wasaga Beach
MLS Listing ID S12210455
Bedrooms 4
Building Age 51-99
Annual Tax Amount $3,200
Tax Year 2024
Property Sub-Type Investment
Lot Depth 150.11
Lot Front 49.99
Property Description
Prime Downtown Gateway Investment Multi-Unit Property with Year-Round Income & Development Potential! Located in the high-demand downtown gateway area of Wasaga Beach, this turnkey multi-unit residential property offers an exceptional income-generating opportunity. Just a short walk to Main Street amenities, the new public library and arena, and the upcoming beachfront development, this property is perfectly positioned for future appreciation. Property Features: Three Separate Units - A year-round main 2 Bedroom 1057Sq.Ft. house plus two fully winterized units, 1 Bedroom 473 Sq. Ft. and Bachelor style 365 Sq. Ft. accessory unit, all furnished and ready for immediate rental income. Proven Year-Round Income with a track record of consistent rental revenue with high demand in all seasons. Development Potential with special zoning and proximity to the downtown core make this a strategic investment for future growth. Prime Location, steps to shopping, dining, entertainment, and the vibrant new beachfront district. Whether you're looking to generate passive income, expand your rental portfolio, or capitalize on future redevelopment, this property offers endless possibilities. Don't miss out on this rare opportunity! Contact us today to explore the potential of this unique investment.
Location
Province ON
County Simcoe
Community Wasaga Beach
Area Simcoe
Rooms
Kitchen 3
Interior
Cooling No
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Yes
Lot Frontage 49.99
Lot Depth 150.11
Building
New Construction false
Others
Virtual Tour https://tour.thevirtualtourcompany.ca/2282318?idx=1
Listed by RE/MAX By The Bay Brokerage