Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

44 12th Street N, Wasaga Beach, ON L9Z 2J9 (Mosley Street)
$ 700000 - MLS : S12980898

From Our Gallery

Description

Exceptional opportunity to own a two-cottage, winterized rental property just one minute from the beach, ideally situated beside the provincial park and only a short stroll to the main beach area. Located in the heart of Wasaga Beach, this property is perfectly positioned to benefit from the town's multi-million-dollar downtown redevelopment currently underway, making it an attractive prospect for both immediate income and long-term appreciation.This versatile, income-generating property offers multiple investment strategies: operate both units as short-term rentals, or live in one unit while generating income from the other. Front unit: 3-bedroom cottage, vacant May 1. Back unit: 2-bedroom cottage, leased on a 12-month term starting May 1 at $1,450/month inclusive. Proven summer short-term rental potential with rates of $450/night (Fri-Sat) and $295/night (Sun-Thurs) Additional investor-friendly features include: two separate fenced backyards; ample parking; separate utility meters. Fully winterized for year-round income potential. Flexible, high-demand beach-area asset in one of Ontario's fastest-evolving resort communities.

Location Description

Mosley Street

Property Detail

Community: Wasaga Beach
Property Type: Partial/Commercial
Garages: None
Annual Property Taxes : $ 2957

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Baseboard

Listing Contracted With: RE/MAX By The Bay Brokerage

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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