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$599,900
Available - For Sale
Listing ID: S12210455
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.
Price $599,900
Taxes: $3,200
Tax Type: Annual
Occupancy by: Vacant
Address: 678 RIVER Road West , Wasaga Beach, L9Z 2P1, Simcoe
Postal Code: L9Z 2P1
Province/State: Simcoe
Legal Description: PT LT 26 Con 9 Flos as in RO1319552
Directions/Cross Streets: River Road West between Main St and Zoo Park Rd
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Accommodation
Use: Cabins/Cottages
Building Percentage: T
Total Area: 1,895
Total Area Code:  Square Feet
Area Influences: Public Transit   Recreation/Comm
Approximatly Age: 51-99
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: No
Sewers: Sanitary+Storm
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RE/MAX By The Bay Brokerage

678 RIVER Road West , Wasaga Beach, L9Z 2P1, Simcoe


 
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Type: Com - Investment
Area: Simcoe
Municipality: Wasaga Beach
Neighbourhood: Wasaga Beach
Style:
Lot Size: x 150.11(Feet)
Approximate Age: 51-99
Tax: $3,200
Maintenance Fee: $0
Beds: 0
Baths: 1
Garage: 0
Fireplace: N
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