8 Bedroom
1 Bathroom
700 ft2
None
Other
$799,000
An exceptional investment opportunity in the heart of Wasaga Beach! Situated on a commercially zoned lot, this versatile multi-unit property offers endless potential for investors, entrepreneurs, or large families seeking both lifestyle and income. Currently operating as a successful seasonal cottage court business, the property enjoys approximately 95% occupancy during peak summer months, along with a steady stream of income throughout the winter season. With a proven track record on Airbnb, this property consistently attracts short-term guests while also offering excellent potential for long-term rental income. The property features three self-contained units: Unit 1: 3 bedrooms, 1 bathroom. Unit 2: 2 bedrooms, 1 bathroom. Unit 3: 3 bedrooms, 1 bathroom. Ideally located just minutes from Wasaga Beach Area 1 boardwalk, restaurants, shopping, and local amenities, this high-demand location ensures strong rental appeal year-round. The front unit presents exciting commercial potential, with the option to convert into a storefront or adapt for a variety of business ventures, taking full advantage of the property's commercial zoning. Whether you're looking to expand your investment portfolio, run a business, or enjoy a multi-generational property with income potential, this is a rare opportunity you don't want to miss! (id:63476)
Property Details
|
MLS® Number |
S12945386 |
|
Property Type |
Business |
|
Community Name |
Wasaga Beach |
|
Parking Space Total |
8 |
Building
|
Bathroom Total |
1 |
|
Bedrooms Total |
8 |
|
Cooling Type |
None |
|
Heating Type |
Other |
|
Size Interior |
700 Ft2 |
|
Utility Water |
Municipal Water |
Land
|
Acreage |
No |
|
Size Depth |
125 Ft |
|
Size Frontage |
50 Ft |
|
Size Irregular |
50 X 125 Ft |
|
Size Total Text |
50 X 125 Ft |
|
Zoning Description |
Dc2h |