28 River Avenue CRES Active

Wasaga Beach,ON L9Z 2K6

$ 1148888

3 Beds

2 Baths

- SqFt


Key Details

Property Type Single Family Home

Sub Type Cottage

Listing Status Active

Purchase Type For Sale

MLS Listing ID S10425837

Style Bungalow

Bedrooms 3

Annual Tax Amount $3,549

Tax Year 2023

Property Description

Act fastthis riverfront gem at 28 River Ave. Crescent wont last long! Nestled along the Nottawasaga River in the heart of Wasaga Beachs vibrant Beach Area 1, this exceptional property boasts immense potential for both personal enjoyment and lucrative rental income. Feat three charming cottages on a single lot, it's the perfect setup for unforgettable family getaways or a fantastic rental investment. Each cottage offers a unique blend of comfort and versatility: Cottage #1 incl three spacious bedrooms and two bathrooms, sleeping up to 10 guests, while Cottage #2 offers a cozy, open-concept layout ideal for smaller groups, accommodating four guests with one bathroom. Cottage #3, similar to the first, can host up to 10 guests across three bedrooms and one bathroom, bringing the combined guest capacity to 25a turnkey setup for weddings, family reunions, corporate retreats, or group vacations. Additional cottages along the same street expand the capacity even further, making this property an ideal choice for large-scale gatherings.The prime location is a year-round draw for tourists, situated just a two-minute walk from the sandy shores of Wasaga Beach and the bustling strip at Beach Area 1. Its riverfront setting adds an irresistible charm with a private dock for watercraft, a sandy riverside area for relaxation, and a picturesque backdrop perfect for sunset bonfires. The area is also booming with recent developments, enhancing the growth potential of this property, making it a wise long-term investment. This is a turnkey business opportunity, ready to carry on with consistent rental income in a rapidly growing vacation destination, all within walking distance of the beach, shops, dining, and entertainment.Whether youre looking to create a personal retreat with ample room for family or to capitalize on the booming rental market, 28 River Ave. Crescent offers an unbeatable chance to own a slice of Wasaga Beachs most desirable area.Dont miss out this one wont last long!

Location

Province ON

County Simcoe

Community Wasaga Beach

Area Simcoe

Region Wasaga Beach

City Region Wasaga Beach

Rooms

Family Room No

Basement Crawl Space

Kitchen 1

Interior

Interior Features In-Law Capability,Guest Accommodations

Heating Yes

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 3.0

Pool None

Waterfront Description Direct

Roof Type Asphalt Shingle

Total Parking Spaces 3

Building

Foundation Concrete Block

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