Wasaga Beach, Wasaga Beach, L9Z 2P1
$699,900
Listed by RE/MAX By The Bay Brokerage.
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.
Fridge and Stove in each unit
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.