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Home ON Wasaga Beach
678 RIVER ROAD W
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678 RIVER ROAD W $699,900
22 hours ago
$699,900
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678 RIVER ROAD W
Wasaga Beach, Ontario L9Z2P1

MLS® Number: S12035047
4
Bedrooms
3
Bathrooms
1500 - 2000
Square Feet

Listing 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. (40094374)

Location Description

River Road West between Main St and Zoo Park Rd

Property Summary

Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
1500 - 2000 sqft
Community Name
Wasaga Beach
Title
Freehold
Land Size
50 x 150.1 FT|under 1/2 acre
Annual Property Taxes
$3,200
Parking Type
No Garage
Time on REALTOR.ca
22 hours

Building

Bedrooms
Above Grade
4
Bathrooms
Total
3
Interior Features
Appliances Included
Stove, Refrigerator
Building Features
Features
Level, Guest Suite
Style
Detached
Architecture Style
Bungalow
Building Amenities
Fireplace(s), Separate Heating Controls
Rental Equipment
Water Heater
Structures
Patio(s), Deck, Shed
Heating & Cooling
Cooling
Window air conditioner
Fireplace
1
Heating Type
Baseboard heaters (Electric)
Utilities
Utility Type
Cable (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Wood
Neighbourhood Features
Community Features
Community Centre, School Bus
Amenities Nearby
Public Transit, Place of Worship, Beach
Parking
Parking Type
No Garage
Total Parking Spaces
4

Measurements

Square Footage
1500 - 2000 sqft

Rooms

MetricImperial
Main level
Living room
Bedroom
Kitchen
Bedroom
Bedroom 2
Living room
Dining room
Kitchen
Bedroom
Kitchen
Living room

Land

Lot Features
Fencing
Partially fenced
Frontage
50 ft
Land Depth
150 ft ,1 in
Other Property Information
Zoning Description
DG2 (H)
Data provided by: OnePoint Association of REALTORS® Suite 324 - 3-301 Stone Road West, Guelph, Ontario N1G 4W4

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