$640,000

$30,000

678 RIVER Road, Wasaga Beach, ON L9Z 2P1

Wasaga Beach, Wasaga Beach,

| | | 2,000 sq.ft. | Year Built: 51-99 |

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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.

Property Info
MLS®: S12071855
Listing Courtesy of RE/MAX By The Bay Brokerage
Total Bedrooms 4
Total Bathrooms 3
Basement 1
Floor Space 1500-2000 sq.ft.
Lot Size 7504 sq.ft.
Style Bungalow
Last Updated 2025-04-09
Property Type House
Listed Price $640,000
Unit Pricing $320/sq.ft.
Tax Estimate $3,200/Year
Year Built 51-99
Rooms
More Details
Exterior Finish Wood
Parking Total 4
Water Supply Municipal
Foundation Sewer
Summary
    Location and General Information
  • HoldoverDays: 60
  • Architectural Style: Bungalow
  • Property Type: Residential Freehold
  • Property Sub Type: Detached
  • DirectionFaces: North
  • Directions: River Road West between Main St and Zoo Park Rd
  • Taxes and HOA Information
  • Tax Year: 2024
  • Parking
  • Parking Features: Private Double
  • ParkingSpaces: 4
  • Parking Total: 4
Interior and Exterior Features
    Bathrooms Information
  • WashroomsType1: 1
  • WashroomsType1Level: Main
  • WashroomsType2: 1
  • WashroomsType2Level: Main
  • WashroomsType3: 1
  • WashroomsType3Level: Main
  • Bedrooms Information
  • BedroomsAboveGrade: 4
  • Interior Features
  • Fireplaces Total: 1
  • Interior Features: Accessory Apartment, Guest Accommodations, Primary Bedroom - Main Floor, Separate Heating Controls
  • Cooling: Window Unit(s)
  • HeatSource: Gas
  • HeatType: Forced Air
  • Exterior Features
  • ConstructionMaterials: Wood
  • Exterior Features: Recreational Area, Patio, Deck
  • Roof: Asphalt Shingle
Property
    Utilities
  • Sewer: Sewer
  • Property and Assessments
  • Foundation Details: Wood Frame
  • Topography: Level
  • Lot Information
  • Parcel Number: 583310140
  • LotSizeUnits: Feet
  • LotDepth: 150.11
  • LotWidth: 49.99
  • Others
  • PropertyFeatures: Public Transit, Place Of Worship, Rec./Commun.Centre, Library, Beach, School Bus Route
Sold History
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School Catchments
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