Added 6 days ago
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Type: Investment
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Property Type: Commercial
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Zoning: Ct 2 Commercial
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Age: No Data
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Taxes: 3549.27
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MLS®#: S11889404
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Added: Dec 11, 2024 (6 days ago)
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Updated:
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Last Checked: 2 hours ago
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Listed By: ANALYST REALTY INC.
Act fast this riverfront gem at 28 River Ave. Crescent wont last long! Nestled along the Nottawasaga River in the heart of Wasaga Beaches 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!
Extras
Outdoor amenities include picnic tables and colorful Adirondack chairs, ideal for both personal and guest use. Each cottage has dedicated parking spaces and is equipped with a BBQ for outdoor dining, making entertaining easy.
Property
Status: Sale
Property Type: Investment
Property Type: Accommodation
Area: Wasaga Beach
Community: Wasaga Beach
Availability Date: Flexible
Inside
Bathrooms: 1
Air Conditioning: Part
Washrooms: 1
Utilities
Utilities: Yes
Building
Heat Type: Other
Freestanding: Y
Water Supply: Municipal
Parking
Garage Type: None
Covered Parking Spaces: 3
Fees
Tax Year: 2023
Tax Legal Description: Lt 19 N/S River Av Pl 547 Sunnidale
Taxes: $3,549
Taxes Type: Annual
Land
Cross Street: Main/River Ave Cres
Municipality District: Wasaga Beach
Lot Depth: 158 Feet
Lot Frontage: 60 Feet
Zoning: Ct 2 Commercial
Additional Media
- Virtual Tour: https://listings.wylieford.com/sites/nxlxzwr/unbranded
Commercial Specific
Total Area: 9322
Total Area Metric: Sq Ft
Lot Code: Lot
Wyevale Central Public School
Elementary: PublicByng Public School
Elementary: PublicClearview Meadows Elementary School
Elementary: PublicSt Noel Chabanel Catholic Elementary School
Elementary: CatholicWorsley Elementary School
Elementary: PublicBirchview Dunes Elementary School
Elementary: PublicCollingwood Campus
Secondary: PublicStayner Collegiate Institute
Secondary: PublicElmvale District High School
Secondary: PublicJean Vanier Catholic High School
Secondary: CatholicNottawasaga Pines Secondary School
Secondary: PublicCollingwood Collegiate Institute
Secondary: Public
