$ 700,000
-
$700,000
Price -
0
Bed -
0
Bath -
1,000
SqFt
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About the Listing 550500 -
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.
Listing Highlights
Status
Active
Days on Site
98
Property Type
Commercial Sale
MLS ®
S12980898
Year Built
Total Square Footage
1,000
Lot/Acreage
N/A
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: No
- Heating: Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
- Parking Features: No Garage
Financial Details
- Tax Amount: $2,957
- Taxes w/Assessments: N/A
- Tax/Property ID: 583270236
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
44 12th St N Wasaga Beach, ON L9Z 2J9
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