44 12th Street N, Wasaga Beach, ON L9Z 2J9

Wasaga Beach L9Z 2J9 Ontario

MLS: S12980898

$700,000

Added 3 hours ago | For Sale

Listed by: RE/MAX By The Bay Brokerage

About Property

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.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 50 X 104.17
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Mosley Street
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $2957
  • Bedrooms:
  • Total Parking Spaces:6
  • Parking Places:6
  • Heating Type:Baseboard
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:S12980898

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