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44 12th Street N, Wasaga Beach, ON L9Z 2J9
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44 12th Street N, Wasaga Beach, ON L9Z 2J9
Wasaga Beach , L9Z 2J9
$700,000.00
1000 Square Feet Commercial
Property Details
MLS Number S12980898
Property Type Commercial
City Wasaga Beach
City Region Wasaga Beach
Postal Code L9Z 2J9
Cross Street Mosley Street
Street Number 44
Street Name 12th
Lot Width 50 ft
Lot Depth 104.17 ft
Building Area 1000 Square Feet
Annual Tax $2,957.00
Utilities Yes
Occupant Type Partial
Description
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, or live in one unit while generating income from the other. Front unit: 3-bedroom cottage, vacant May 1. Back unit: 2-bedroom cottage, leased on a 12-month term starting May 1 at $1,450/month inclusive. 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.
Selvan Puvaneswaranathan
Selvan Puvaneswaranathan
Broker — REMAX Crossroads
312-305 Milner Ave, Toronto ON

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