40
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$998,888
Est. payment /mo
1 BA
9,322 SqFt
New
28 River Avenue CRES Wasaga Beach, ON L9Z 2K6
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UPDATED:
01/05/2025 04:26 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 9,322 sqft
Price per Sqft $107
MLS Listing ID S11907557
Annual Tax Amount $3,549
Tax Year 2024
Property Description
Act fast this riverfront gem at 28 River Ave. Crescent wont last long! Nestled along the Nottawasaga River in the heart of Wasaga Beaches vibrant Beach Area 1, this exceptional property boasts immense potential for both personal enjoyment and lucrative rental income. Feat three charming cottages on a single lot, it's the perfect setup for unforgettable family getaways or a fantastic rental investment. Each cottage offers a unique blend of comfort and versatility: Cottage #1 incl three spacious bedrooms and two bathrooms, sleeping up to 10 guests, while Cottage #2 offers a cozy, open-concept layout ideal for smaller groups, accommodating four guests with one bathroom. Cottage #3, similar to the first, can host up to 10 guests across three bedrooms and one bathroom, bringing the combined guest capacity to 25a turnkey setup for weddings, family reunions, corporate retreats, or group vacations. Additional cottages along the same street expand the capacity even further, making this property an ideal choice for large-scale gatherings.The prime location is a year-round draw for tourists, situated just a two-minute walk from the sandy shores of Wasaga Beach and the bustling strip at Beach Area 1. Its riverfront setting adds an irresistible charm with a private dock for watercraft, a sandy riverside area for relaxation, and a picturesque backdrop perfect for sunset bonfires. The area is also booming with recent developments, enhancing the growth potential of this property, making it a wise long-term investment. This is a turnkey business opportunity, ready to carry on with consistent rental income in a rapidly growing vacation destination, all within walking distance of the beach, shops, dining, and entertainment.Whether youre looking to create a personal retreat with ample room for family or to capitalize on the booming rental market, 28 River Ave. Crescent offers an unbeatable chance to own a slice of Wasaga Beachs most desirable area.Dont miss out this one wont last long!
Location
Province ON
County Simcoe
Community Wasaga Beach
Area Simcoe
Region Wasaga Beach
City Region Wasaga Beach
Rooms
Kitchen 1
Interior
Heating Yes
Cooling Partial
Exterior
Garage Spaces 3.0
Utilities Available Yes
Lot Depth 158.0
Listed by ANALYST REALTY INC.
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