Karl Hannan

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678 RIVER ROAD W, Wasaga Beach, Ontario

$699,900

4 Beds
3 Baths

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. (id:56241)

Listing ID: S12035047
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Living room	Main level	5.53 m x 3.9 m
Bedroom	Main level	3.17 m x 2.81 m
Kitchen	Main level	3.19 m x 3.68 m
Bedroom	Main level	4.34 m x 3.09 m
Bedroom 2	Main level	3.41 m x 3.32 m
Living room	Main level	3.04 m x 1.56 m
Dining room	Main level	3.04 m x 1.56 m
Kitchen	Main level	3.11 m x 1.86 m
Bedroom	Main level	4.04 m x 2.96 m
Kitchen	Main level	3.17 m x 1.8 m
Living room	Main level	3.17 m x 3.66 m

Details

Architectural Style: Bungalow
Amenities Nearby: Public Transit, Place of Worship, Beach
Community Features: Community Centre, School Bus
Equipment: Water Heater
Features: Level, Guest Suite
Ownership: Freehold
Parking Spaces: 4
Rental Equipment: Water Heater
Structure: Patio(s), Deck, Shed
Transaction: For sale
Zoning Description: DG2 (H)

Building

Amenities: Fireplace(s), Separate Heating Controls
Appliances: Stove, Refrigerator
Architectural Style: Bungalow
Bedrooms Main Level: 4
Construction Style Attachment: Detached
Cooling: Window air conditioner
Exterior Finish: Wood
Fireplace Present: True
Fireplace Total: 1
Bathrooms (Total): 3
Heating: Baseboard heaters
Heating Fuel: Electric
Size Interior: 1499.9875 - 1999.983 sqft
Stories Total: 1
Type: House
Utility Water: Municipal water

Land

Amenities: Public Transit, Place of Worship, Beach
Fence: Partially fenced
Sewer: Sanitary sewer
Size Frontage: 50 ft
Size Irregular: 50 x 150.1 FT

Listing provided by RE/MAX By The Bay Brokerage
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 678 RIVER ROAD W in Wasaga Beach Ontario. It was last modified on March 21st, 2025. Contact Karl Hannan to schedule a viewing or to discover other Wasaga Beach homes for sale.

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