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Home ON Wasaga Beach
678 RIVER ROAD W
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678 RIVER ROAD W $579,900
$579,900
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678 RIVER ROAD W
Wasaga Beach, Ontario L9Z2P1

MLS® Number: S12210455
4
Bedrooms
1
Bathrooms
1895
Square Feet

Listing 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 1057Sq.Ft. house plus two fully winterized units, 1 Bedroom 473 Sq. Ft. and Bachelor style 365 Sq. Ft. 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. (40656882)

Location Description

River Road West between Main St and Zoo Park Rd

Property Summary

Property Type
Business
Square Footage
1895 sqft
Community Name
Wasaga Beach
Land Size
49.99 x 150.11 FT
Age Of Building
51 to 99 years
Annual Property Taxes
$3,200
Total Parking Spaces
4
Time on REALTOR.ca
17 days

Building

Bathrooms
Total
1
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Accommodation (Cottage/Cabin Rental)
Neighbourhood Features
Amenities Nearby
Public Transit, Recreation
Parking
Total Parking Spaces
4

Measurements

Square Footage
1895 sqft

Land

Lot Features
Frontage
49 ft ,11 in
Land Depth
150 ft ,1 in
Other Property Information
Zoning Description
DG2 (H)
Data provided by: OnePoint Association of REALTORS® Suite 324 - 3-301 Stone Road West, Guelph, Ontario N1G 4W4
MICHELLE SEIP