44 12TH STREET N, Wasaga Beach, Ontario, L9Z2J9
MLS: S12980898 | Business
$700,000
Property Description
Exceptional opportunity to own a two-cottage, winterized rental property just one minute from the beach, ideally situated beside the provincial park and only a short stroll to the main beach area. Located in the heart of Wasaga Beach, this property is perfectly positioned to benefit from the town's multi-million-dollar downtown redevelopment currently underway, making it an attractive prospect for both immediate income and long-term appreciation.This versatile, income-generating property offers multiple investment strategies: operate both units as short-term rentals, or live in one unit while generating income from the other. Front unit: 3-bedroom cottage, vacant May 1. Back unit: 2-bedroom cottage, leased on a 12-month term starting May 1 at $1,450/month inclusive. Proven summer short-term rental potential with rates of $450/night (Fri-Sat) and $295/night (Sun-Thurs) Additional investor-friendly features include: two separate fenced backyards; ample parking; separate utility meters. Fully winterized for year-round income potential. Flexible, high-demand beach-area asset in one of Ontario's fastest-evolving resort communities. (id:64974)
Quick Facts
- Property Type: Business
- Bedrooms: None
- Bathrooms: None
- Living Area: 1,000 sq ft (92.9 m²)
- Parking: 6.0 spaces
- Frontage: 50 ft (15.2 m)
Costs
- Annual Taxes: $2,957.00 (2025)
Listing Provided by: RE/MAX By The Bay Brokerage
Board: OnePoint Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Baseboard heaters
- Cooling: None
Exterior & Construction
- Water: Municipal water
Lot & Land
- Frontage: 50 ft (15.2 m)
- Zoning: CT2
Community & Neighbourhood
- Neighbourhood: Wasaga Beach
Listing Information
Listing History
MLS listing activity for 44 12TH STREET N, Wasaga Beach, Ontario, L9Z2J9 — dates reflect when changes were recorded in the DDF
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44 12TH STREET N, Wasaga Beach, Ontario, L9Z2J9