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. (id:4069)
Address
678 RIVER ROAD W
List Price
$699,900
Property Type
Single Family
Type of Dwelling
House
Style of Home
Bungalow
Area
Ontario
Sub-Area
Wasaga Beach
Bedrooms
4
Bathrooms
3
Floor Area
1,500 Sq. Ft.
Lot Size
50 x 150.1 FT Sq. Ft.
MLS® Number
S12035047
Listing Brokerage
RE/MAX By The Bay Brokerage
Postal Code
L9Z2P1
Zoning
DG2 (H)
Site Influences
Public Transit, Place of Worship, Beach
Features
Level, Guest Suite
Amenities
Fireplace(s), Separate Heating Controls