725 RIVER Road E

Multi-family For Sale in Wasaga Beach, Ontario

$2,199,000
  • 23 Beds
  • 11 Baths
  • 5,200 Sq. Ft.
Set your sights on Wasaga Beach for your next investment opportunity. Located in one of Ontario’s most popular vacation destinations and only steps from the sandy shores of Georgian Bay, this unique property in a prime area with high visibility offers a charming 10-unit cabin courtyard with eight year round 2-bedroom units and year round 3-bedroom unit & 4-Bedroom unit. This multi-residential property offers so many options. Live on site in the 3 or 4 bedroom year round residence and enjoy the great lifestyle Wasaga Beach has to offer meanwhile play host to guests that visit this recreational property year after year due to its great reputation and only a few steps to the beautiful New Wasaga Beach. The large 150x150 lot features plenty of recreation areas, gazebos, picnic tables and play equipment. Communal firepit area to enjoy summer evenings with other families and friends. To top it all off your guests are literally steps from the sandy shores of Georgian Bay, making it a great all-round family stay! Gas heat and central air in the main cabin, all others have their own heat pump with air conditioning. Municipal water and sewer are available and you can use the solar panels to generate your own electricity and sell back what you don’t need! The winterized cabins offer so much potential for ski or monthly rentals in the wintertime. Have a different vision for this great commercial property? Use your imagination and develop this fantastic commercial lot into your next multi residential property that is close to all the east end amenities of Wasaga Beach including shopping, dining, entertainment district and provincial parks. Marina close by for all motorized watersports. Endless testimonials from return guests don't even touch on the current success of this exceptional property which can be turned over seamlessly for its next owner. Also for sale under multi residential mls#40512719 (id:4069)
Address 725 RIVER Road E
List Price $2,199,000
Property Type Multi-family
Area Ontario
Sub-Area Wasaga Beach
Bedrooms 23
Bathrooms 11
Floor Area 5,200 Sq. Ft.
Lot Size 0.515 Sq. Ft.
MLS® Number 40512714
Listing Brokerage RE/MAX By The Bay Brokerage
Basement Area Full (Finished)
Postal Code L9Z2M4
Zoning CA
Site Influences Beach, Marina, Park, Playground, Public Transit, Schools, Shopping
Features Crushed stone driveway, Shared Driveway, Gazebo

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Susan Bowins

RE/MAX BY THE BAY BROKERAGE

1263 MOSLEY ST. WASAGA BEACH ON L9Z 1R7

Office: (705) 441-0887

susanb@rogers.com