1,000 ft2
None
Baseboard Heaters
$700,000
Exceptional opportunity to own a two-cottage, winterized rental property just one minute from the beach, ideally situated beside the provincial park and only a short stroll to the main beach area. Located in the heart of Wasaga Beach, this property is perfectly positioned to benefit from the town's multi-million-dollar downtown redevelopment currently underway, making it an attractive prospect for both immediate income and long-term appreciation.This versatile, income-generating property offers multiple investment strategies: operate both units as short-term rentals, or live in one unit while generating income from the other. Front unit: 3-bedroom cottage, vacant May 1. Back unit: 2-bedroom cottage, leased on a 12-month term starting May 1 at $1,450/month inclusive. Proven summer short-term rental potential with rates of $450/night (Fri-Sat) and $295/night (Sun-Thurs) Additional investor-friendly features include: two separate fenced backyards; ample parking; separate utility meters. Fully winterized for year-round income potential. Flexible, high-demand beach-area asset in one of Ontario's fastest-evolving resort communities. (id:50976)
Property Details
|
MLS® Number
|
S12980898 |
|
Property Type
|
Business |
|
Community Name
|
Wasaga Beach |
|
Equipment Type
|
Water Heater |
|
Parking Space Total
|
6 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Cooling Type
|
None |
|
Heating Type
|
Baseboard Heaters |
|
Size Exterior
|
1000 Sqft |
|
Size Interior
|
1,000 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Depth
|
104 Ft ,2 In |
|
Size Frontage
|
50 Ft |
|
Size Irregular
|
Bldg=50 X 104.17 Ft |
|
Size Total Text
|
Bldg=50 X 104.17 Ft |
|
Zoning Description
|
Ct2 |
https://www.realtor.ca/real-estate/29584968/44-12th-street-n-wasaga-beach-wasaga-beach