11 days on Market

678 RIVER Rd, Wasaga Beach, Ontario L9Z 2P1

Detached
4
3
~1500-2000 sqft
$699,900
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Detached
4
3
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$408/sqft

Est. Mortgage$3,006/mo

Tax Amount (2024)$3,200/yr

Days On Market11 days


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 house plus two fully winterized units, 1 Bedroom and Bachelor style 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

StyleBungalow
ViewDowntown
Age of property51-99
SqFt~1500-2000 SqFt
Lot Size7,503 SqFt(150.11 x 49.99)
Parking Spaces4
MLS ®NumberS12035047
Community NameWasaga Beach
Data SourceTRREB
Listing byRE/MAX By The Bay Brokerage

Features

Heating: Baseboard
Cooling: Window Unit

Main Floor

Living

5.53 x 3.9

Kitchen

3.19 x 3.68

Br

4.34 x 3.09

2nd Br

3.41 x 3.32


Features

Lot size: 7,503 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Mar 20, 2025
ListedActive
$699,900
11 days on market
history photo preview49
Listing by trreb®
Property listed by RE/MAX By The Bay Brokerage, 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