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$640,000

Est. payment - /mo

4 Beds

3 Baths

Price Dropped by $15K

678 RIVER RD W Wasaga Beach, ON L9Z 2P1

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Kenneth Yim

ken@broadviewavenue.ca +1(416) 651-5653

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Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision Wasaga Beach

MLS Listing ID S12071855

Style Bungalow

Bedrooms 4

Building Age 51-99

Annual Tax Amount $3,200

Tax Year 2024

Property Sub-Type Detached

Lot Depth 150.11

Lot Front 49.99

Property 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 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.

Location

Province ON

County Simcoe

Community Wasaga Beach

Area Simcoe

Rooms

Family Room No

Basement None

Kitchen 3

Interior

Interior Features Accessory Apartment, Guest Accommodations, Primary Bedroom - Main Floor, Separate Heating Controls

Cooling Window Unit(s)

Fireplaces Type Living Room, Natural Gas

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Recreational Area, Patio, Deck

Parking Features Private Double

Pool None

View Downtown

Roof Type Asphalt Shingle

Topography Level

Lot Frontage 49.99

Lot Depth 150.11

Total Parking Spaces 4

Building

Unit Features Public Transit,Place Of Worship,Rec./Commun.Centre,Library,Beach,School Bus Route

Foundation Wood Frame

New Construction false

Others

Security Features None

Virtual Tour https://tour.thevirtualtourcompany.ca/2282318?idx=1

Listed by RE/MAX By The Bay Brokerage

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Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 651-5653

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