For Sale - 44 12th Street, Wasaga Beach, Ontario

Est payment $3,361/mo
Views   2
Time on Jump  86 day
  • Two winterized cottages just a minute from the beach and provincial park.
  • Income-generating property with short-term rental potential after current leases.
  • Front 3-bedroom cottage leased at $1,600/month and back 2-bedroom at $1,575/month.
  • Investor-friendly features include separate backyards and ample parking.
  • Located in a high-demand area with current redevelopment enhancing property value.



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 IDS12980898
Address44 12th Street
CityWasaga Beach, Ontario
Price$700,000
StyleInvestment
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentHeating / Cooling Baseboard
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Listing Agency:  RE/MAX By The Bay Brokerage

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44 12th Street
Wasaga Beach , Ontario
$700,000
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