678 RIVER RD W Active Save Request In-Person Tour Request Virtual Tour
Wasaga Beach,ON L9Z 2P1
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Wasaga Beach
MLS Listing ID S12035047
Style Bungalow
Bedrooms 4
Building Age 51-99
Annual Tax Amount $3,200
Tax Year 2024
Property Sub-Type Detached
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 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.
Location
Province ON
County Simcoe
Community Wasaga Beach
Area Simcoe
Rooms
Family Room No
Basement None
Kitchen 3
Interior
Interior Features Accessory Apartment,Guest Accommodations,Primary Bedroom - Main Floor,Separate Heating Controls
Cooling Window Unit(s)
Fireplaces Type Living Room,Natural Gas
Fireplace No
Heat Source Electric
Exterior
Exterior Feature Recreational Area,Patio,Deck
Parking Features Private Double
Pool None
View Downtown
Roof Type Asphalt Shingle
Topography Level
Lot Frontage 49.99
Lot Depth 150.11
Total Parking Spaces 4
Building
Unit Features Public Transit,Place Of Worship,Rec./Commun.Centre,Library,Beach,School Bus Route
Foundation Wood Frame
New Construction false
Others
Security Features None
Virtual Tour https://tour.thevirtualtourcompany.ca/2282318?idx=1