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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.
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City: Wasaga Beach
Neighborhood: Wasaga Beach
Purchase Price | $670000 |
Down Payment | $134000 |
Mortgage Insurance | $0 |
Total Mortgage | $536000 |
Mortgage Payment | $3303 |
Property Taxes | $267 |
Maintenance Fees | $0 |
Monthly Payment | $3570 |
Sold Comparables homes near 678 River Rd W, Wasaga Beach
Located at 678 River Rd W , this Wasaga Beach house is available for sale. This property was listed for $670,000 on Tue Apr 15 2025. This house's size is 1500-2000 Sqft. It has 4 bedrooms and 3 bathrooms. The property includes the following rooms: Living, Kitchen, Br, 2nd Br, Living, Dining, Kitchen, Br, Kitchen, Living, Br. This property comes with 4 parking spots. 678 River Rd W, Wasaga Beach is situated in the Wasaga Beach neighbourhood.
MLS#: S12071855 · $670,000 · 4 bedroom house in Wasaga Beach, Wasaga Beach