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 house plus two fully winterized units, 1 Bedroom and Bachelor style 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 | $670,000 |
Taxes: | $3200.00 |
Occupancy: | Vacant |
Address: | 678 RIVER Road West , Wasaga Beach, L9Z 2P1, Simcoe |
Acreage: | < .50 |
Directions/Cross Streets: | River Road West between Main St and Zoo Park Rd |
Rooms: | 11 |
Bedrooms: | 4 |
Bedrooms +: | 0 |
Family Room: | F |
Basement: | None |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Main | Living Ro | 18.14 | 12.79 | |
Room 2 | Main | Kitchen | 10.46 | 12.07 | |
Room 3 | Main | Bedroom | 14.24 | 10.14 | |
Room 4 | Main | Bedroom 2 | 11.18 | 10.89 | |
Room 5 | Main | Living Ro | 9.97 | 5.12 | |
Room 6 | Main | Dining Ro | 9.97 | 5.12 | |
Room 7 | Main | Kitchen | 10.2 | 6.1 | |
Room 8 | Main | Bedroom | 13.25 | 9.71 | |
Room 9 | Main | Kitchen | 10.4 | 5.9 | |
Room 10 | Main | Living Ro | 10.4 | 12 | Combined w/Dining |
Room 11 | Main | Bedroom | 10.4 | 9.22 | Combined w/Living |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Main |
Washroom Type 2 | 4 | Main |
Washroom Type 3 | 4 | Main |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 | |
Washroom Type 6 | 4 | Main |
Washroom Type 7 | 4 | Main |
Washroom Type 8 | 4 | Main |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 |
Total Area: | 0.00 |
Approximatly Age: | 51-99 |
Property Type: | Detached |
Style: | Bungalow |
Exterior: | Wood |
Garage Type: | None |
(Parking/)Drive: | Private Do |
Drive Parking Spaces: | 4 |
Park #1 | |
Parking Type: | Private Do |
Park #2 | |
Parking Type: | Private Do |
Pool: | None |
Other Structures: | Aux Residences |
Approximatly Age: | 51-99 |
Approximatly Square Footage: | 1500-2000 |
Property Features: | Public Trans, Place Of Worship |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Forced Air |
Central Air Conditioning: | Window Unit |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Utilities-Cable: | Y |
Utilities-Hydro: | Y |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX By The Bay Brokerage |
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Type: | Freehold - Detached |
Area: | Simcoe |
Municipality: | Wasaga Beach |
Neighbourhood: | Wasaga Beach |
Style: | Bungalow |
Lot Size: | x 150.11(Feet) |
Approximate Age: | 51-99 |
Tax: | $3,200 |
Maintenance Fee: | $0 |
Beds: | 4 |
Baths: | 3 |
Garage: | 0 |
Fireplace: | N |
Air Conditioning: | |
Pool: | None |