Wasaga Beach, ON L9Z 2K5
Just steps from one of the most exciting transformations in Wasaga Beach! Beach Area 1 is undergoing a major multi-million-dollar redevelopment, including a premium hotel with upscale dining, spa, event facilities, and a vibrant Festival Square for year-round entertainment. A new mixed-use community with 150+ residential units and 30+ commercial spaces is also planned-making this location a prime opportunity for investors.This property's zoning is one of its greatest advantages: it allows short-term rentals, plus a wide variety of commercial uses-ideal for a charming bed & breakfast, artisan bakery, medical office, catering kitchen, hospitality venture, restaurant, or even building a second suite. The possibilities are truly endless in this rapidly developing pocket of Wasaga Beach.Inside, this cozy 2-bedroom, 1-bathroom bungalow is warm, inviting, and updated with brand-new flooring, a new toilet, and a smart thermostat. The open-concept living room flows into the bright eat-in kitchen, featuring modern cabinetry, generous storage, and convenient access to the laundry room and backyard.The bedrooms are comfortable and filled with natural light, with a well-designed family bathroom close by. Outside, the fully fenced yard features low-maintenance cobblestone surfacing-perfect for BBQs, campfires, or unwinding under the stars. A detached 23x19 shop with a man door adds incredible versatility for storage, hobbies, or a workshop.Don't miss this chance to own a flexible investment property in one of the most high-potential areas of Wasaga Beach-just a short walk to Beach 1 and the future waterfront redevelopment This property is video monitored.
TRREB MLS® Attribution
MLS® S13186032
Listed by RE/MAX By The Bay Brokerage
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$2,925
/month · $479,200 mortgage
Amortization
Total Interest
$398,299
Total Cost
$877,499
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX By The Bay Brokerage