678 River Road W Wasaga Beach, Ontario L9Z 2P1
$599,900
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. (id:57975)
Business
| Business Type | Accommodation |
| Business Sub Type | Cottage/Cabin Rental |
Property Details
| MLS® Number | S12210455 |
| Property Type | Business |
| Neigbourhood | Stonebridge by the Bay |
| Community Name | Wasaga Beach |
| Amenities Near By | Public Transit, Recreation |
| Parking Space Total | 4 |
Building
| Bathroom Total | 1 |
| Bedrooms Total | 4 |
| Age | 51 To 99 Years |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 1,895 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| Size Depth | 150 Ft ,1 In |
| Size Frontage | 49 Ft ,11 In |
| Size Irregular | 49.99 X 150.11 Ft |
| Size Total Text | 49.99 X 150.11 Ft |
| Zoning Description | Dg2 (h) |
https://www.realtor.ca/real-estate/28446427/678-river-road-w-wasaga-beach-wasaga-beach
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June 10 2025 06:58:46
The Lakelands Association of REALTORS®
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