13 days on Market

28 River Avenue Cres, Wasaga Beach, Ontario L9Z 2K6

Detached
3
2
- sqft
$998,888
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Detached
3
2
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$4,290/mo

Tax Amount (2024)$3,549/yr

Days On Market13 days


Description

Act fastthis riverfront gem at 28 River Ave. Crescent wont last long! Nestled along the Nottawasaga River in the heart of Wasaga Beachs vibrant Beach Area 1, this exceptional property boasts immense potential for both personal enjoyment and lucrative rental income. Feat three charming cottages on a single lot, it's the perfect setup for unforgettable family getaways or a fantastic rental investment. Each cottage offers a unique blend of comfort and versatility: Cottage #1 incl three spacious bedrooms and two bathrooms, sleeping up to 10 guests, while Cottage #2 offers a cozy, open-concept layout ideal for smaller groups, accommodating four guests with one bathroom. Cottage #3, similar to the first, can host up to 10 guests across three bedrooms and one bathroom, bringing the combined guest capacity to 25a turnkey setup for weddings, family reunions, corporate retreats, or group vacations. Additional cottages along the same street expand the capacity even further, making this property an ideal choice for large-scale gatherings.The prime location is a year-round draw for tourists, situated just a two-minute walk from the sandy shores of Wasaga Beach and the bustling strip at Beach Area 1. Its riverfront setting adds an irresistible charm with a private dock for watercraft, a sandy riverside area for relaxation, and a picturesque backdrop perfect for sunset bonfires. The area is also booming with recent developments, enhancing the growth potential of this property, making it a wise long-term investment. This is a turnkey business opportunity, ready to carry on with consistent rental income in a rapidly growing vacation destination, all within walking distance of the beach, shops, dining, and entertainment.Whether youre looking to create a personal retreat with ample room for family or to capitalize on the booming rental market, 28 River Ave. Crescent offers an unbeatable chance to own a slice of Wasaga Beachs most desirable area.Dont miss out this one wont last long!


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size9,480 SqFt(158 x 60)
Parking Spaces3
MLS ®NumberS11907578
Community NameWasaga Beach
Data SourceTRREB
Listing byANALYST REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Crawl Space

Main Floor

Br

2.74 x 2.80

Living

4.45 x 5.36

Combined W/Kitchen / Combined W/Dining

Br

2.80 x 2.92

Prim Bdrm

2.83 x 5.30


Features

Lot size: 9,480 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property History

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13 days on market
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Listing by trreb®
Property listed by ANALYST REALTY INC., Brokerage
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Population and Demographics

Overview

Total population 23301
Average household income $101,521

Age (%)

65 and plus
34%
50 to 64
23%
0 to 19
16%
35 to 49
15%
20 to 34
12%

Household composition (%)

Single family
68%
Single person
28%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
88%
Others
3%
Italian
2%
French
2%
German
1%
Polish
1%
Portuguese
1%

House tenancy (%)

Owners
85%
Renters
15%

Schools and amenities

Estimated Budget