March 25, 2024
- 10 min read
44 12th Street N Wasaga Beach, Ontario L9Z 2J9
$700,000
1,000 ft2
None
Baseboard Heaters
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:36109)
Property Details
| MLS® Number | S12980898 |
| Property Type | Business |
| Community Name | Wasaga Beach |
| Equipment Type | Water Heater |
| Parking Space Total | 6 |
| Rental Equipment Type | Water Heater |
Building
| Cooling Type | None |
| Heating Type | Baseboard Heaters |
| Size Exterior | 1000 Sqft |
| Size Interior | 1,000 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 104 Ft ,2 In |
| Size Frontage | 50 Ft |
| Size Irregular | Bldg=50 X 104.17 Ft |
| Size Total Text | Bldg=50 X 104.17 Ft |
| Zoning Description | Ct2 |
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44 12th Street N
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April 10 2026 12:28:31
