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$699,900
Status: For Sale
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.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :S12035047 |
| Listing Type | :Sale |
| Property Age | :51-99 Years |
| Possession Date | : |
| Last Updated | :21 Mar, 2025 (11 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Simcoe |
|---|---|
| Postal Code | :
L9Z 2P1
|
| Price | : $699,900 |
|---|---|
| Property Taxes | :$3200.0 |
| Tax Year | :2024 |
|---|
| Bedrooms | :4 + |
|---|---|
| No. of Rooms | :11 |
| Air Conditioning | :Window Unit(s) |
| Heating | :Baseboard |
| Place of Worship | :Yes |
| Cross Street | :River Road West between Main St and Zoo Park Rd |
| Bathrooms | :3 |
|---|---|
| Fuel | :Electric |
| Approx Square Footage | :1500-2000 sqft |
| Fireplace/Stove | :Yes |
| Virtual Tour | :Virtual Tour (External Link) |
| Living Room | :5.53 m x 3.9 m |
|---|---|
| Bedroom | :4.34 m x 3.09 m |
| Living Room | :3.04 m x 1.56 m |
| Kitchen | :3.11 m x 1.86 m |
| Kitchen | :3.17 m x 1.8 m |
| Bedroom | :3.17 m x 2.81 m |
| Kitchen | :3.19 m x 3.68 m |
|---|---|
| Bedroom 2 | :3.41 m x 3.32 m |
| Dining Room | :3.04 m x 1.56 m |
| Bedroom | :4.04 m x 2.96 m |
| Living Room | :3.17 m x 3.66 m |
| Exterior Finish | :Wood |
|---|---|
| Parking Space | :4 |
| Basement | :No |
| Library | :Library |
|---|
21 Mar, 2025
TREB #S12035047
Listed
$699,900
