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$700,000
Available - For Sale
Listing ID: S12980898
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 after current leases expire or live in one unit while generating income from the other. Front unit: 3-bedroom cottage, leased on a 12-month term starting June 1 at $1,600/month inclusive.. Back unit: 2-bedroom cottage, leased on a 12-month term starting May 1 at $1,575/month inclusive. Hydro and gas approx total $190 per month each unit. 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.
Price $700,000
Taxes: $2,957
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 44 12th Street North , Wasaga Beach, L9Z 2J9, Simcoe
Postal Code: L9Z 2J9
Province/State: Simcoe
Directions/Cross Streets: Mosley Street
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Category: Accommodation
Building Percentage: T
Total Area: 1,000
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Baseboard
Central Air Conditioning: No
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RE/MAX By The Bay Brokerage

44 12th Street North , Wasaga Beach, L9Z 2J9, Simcoe

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Maria Tompson
Sales Representative
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416-548-7854
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At a Glance:
Type: Com - Investment
Area: Simcoe
Municipality: Wasaga Beach
Neighbourhood: Wasaga Beach
Style:
Lot Size: x 104.17(Feet)
Approximate Age:
Tax: $2,957
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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