Re-listed 25 days ago

678 RIVER Rd, Wasaga Beach, Ontario L9Z 2P1

Other
-
1
~1895 sqft
$•••,•••
$579,900
Get pre-qualifiedPowered by nesto
Other
-
1
~1895 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market25 days

Total days on market
108 days

Estimated valueNot available

Price/Sqft$306/sqft

Monthly cost

Open Calculator

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 1057Sq.Ft. house plus two fully winterized units, 1 Bedroom 473 Sq. Ft. and Bachelor style 365 Sq. Ft. 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.


Property Details

StyleAccommodation
View-
Age of property51-99
SqFt~1895 SqFt
Lot Size7,503 SqFt(150.11 x 49.99)
Parking Spaces4
MLS ®NumberS12210455
Community NameWasaga Beach
Data SourceTRREB
Listing byRE/MAX By The Bay Brokerage

Features

Heating: Gas Forced Air Closd
Cooling: N
Basement: N

Features

Lot size: 7,503 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Login required
Price changeActive
$•••,•••
Login required
Re-listed
$•••,•••
25 days on market
history photo preview50
Listing by trreb®
Property listed by RE/MAX By The Bay Brokerage, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Wasaga Beach

Geo Zone Map ThumbnailWasaga Beach

Strong Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

40 days

Compared to

2024

36 days

2023

33 days

2022

22 days

New Listings

Past 30 days

200 listings

Compared to

2024

183 listings

2023

184 listings

2022

136 listings

Units sold

Past 30 days

44 units

Compared to

2024

62 units

2023

93 units

2022

52 units

Median Sold Price

Past 30 days

$685,000

Compared to

2024

$617,250

2023

$730,000

2022

$747,500


Population and Demographics

Overview

Total population 23301
Average household income $101,521

Age (%)

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

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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget