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$655,000Asking Price

678 RIVER Road, Wasaga Beach, ON L9Z 2P1

Wasaga Beach, Wasaga Beach

Detached
4
Bedrooms
3
Baths
4
Parking
Days on Market

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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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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Key Info

  • Bungalow Detached
  • 4-Car Driveway
  • No Garage
  • River Road West between Main St and Zoo Park Rd
  • 1500-2000 Approximate Sq Feet
  • 51-99 Years Approximate Age
  • No Basement
  • 3 Kitchens
  • Forced Air Gas Heating

Property

  • Lot Size 49.99 x 150.11 Feet
  • < .50 Acreage
  • Wood Exterior
  • Taxes were $3,200 in 2024
  • Possession: Flexible

Details

  • No Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #S12071855
  • RE/MAX By The Bay Brokerage

Extras

Room Floor Dimensions Details
1 Kitchen Main 10.47' x 12.07'
2 Kitchen Main 10.20' x 6.10'
3 Kitchen Main 10.40' x 5.91'
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom on Main Floor
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Schools
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Public Catholic French
Primary
Middle
Secondary
Primary
Middle
Secondary
French Immersion Public
Commute

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Amenities
This property has no walk score.
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0 Dog Parks
0 Daycares
3 Groceries Foodland, Walmart Supercentre, Bulk Barn
2 Coffee Spots Tim Hortons, Gong Cha Wasaga
24 Restaurant/Bars Wasaga Pizza, Chuck's Roadhouse, Bento Sushi
4 Park/Rec/Gyms Wasaga Family Foot Clinic, Stonebridge Community, Wasaga Beach Recreation
0 Hospitals
0 Libraries
2 Places of Worship Wasaga Beach United Church, Wasaga Community Church
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Who lives here?

Wasaga Beach, Wasaga Beach is a north GTA neighbourhood.

Families

Kids Per Family

0.7

kids per family
in the neighbourhood.

Wasaga Beach  (0.7)

Singles

36% of residents are
single and loving it.

36% singles

Wasaga Beach (36%)

Renters

14% of residents
are renters.

14% renters

Wasaga Beach (14%)

Education

16% of residents are
university grads.

16% university grads

Wasaga Beach (16%)

Income

Average Household Income

$88K

is the average household
income in the neighbourhood.

Wasaga Beach  ($88K)

Professions

Professions
Sales 13%
Trades 10%
Business 6%
Management 5%
Government 5%

Immigrants

17% of residents were
born outside of Canada.

17% immigrants

Wasaga Beach (17%)

Birthplace - All

UK was once home to 5.0% of immigrants.
Italy 1.5%
Germany 1.4%
Poland 1.0%
Portugal 0.9%

5.0% from UK
All-time

Birthplace - Recent

UK was once home to 0.7% of immigrants.
India 0.4%
Germany 0.1%
USA 0.1%
Poland 0.1%

0.7% from UK
Recent

Foreign Languages

Foreign Languages
Italian 3%
French 2%
German 2%
Polish 1%
Portuguese 1%

Religions

Religions
Christian 75%