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

Listed for:
$700,000
0 beds
0 baths
Listed 19 days ago
44 12th Street N, Wasaga Beach, Ontario L9Z 2J9

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About

Cross Streets: Mosley Street. ** Directions: Mosley St to 12th St N. 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:27476)

Property Highlights

MLS® Number
S12980898
Type
Business
Community Name
Wasaga Beach
Land Size
Bldg=50 x 104.17 FT
Parking Space Total
6

Building

Square Footage
1000 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Building Cooling Type
None

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
RE/MAX By The Bay Brokerage
MLS® number:
S12980898
Agent:
Andrew Mckay
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