44 12th Street N, Wasaga Beach, ON L9Z 2J9
$700,000
$700,000
MLS®#:
S12980898
Property Type:
Investment
Property Style:
Area:
Simcoe
Community:
Wasaga Beach
Taxes:
$2,957 / 2025
Added:
April 10 2026
Lot Frontage:
50
Lot Depth:
104.17
Status:
Active
Outside:
Year Built:
Brokerage:
RE/MAX By The Bay Brokerage
Lot :

104

50

Intersection:
Mosley Street
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
No
Heating Type:
Baseboard
Heating Fuel:

Listing Details

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 after current leases expire or live in one unit while generating income from the other. Front unit: 3-bedroom cottage, leased on a 12-month term starting June 1 at $1,600/month inclusive.. Back unit: 2-bedroom cottage, leased on a 12-month term starting May 1 at $1,575/month inclusive. Hydro and gas approx total $190 per month each unit. 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.

2 x stove, 2 x fridge

Insights

  1. Strong Income Potential: The property features two cottages, with the front unit being a 3-bedroom that will be vacant soon, and the back unit currently leased at $1,450/month. Proven short-term rental rates can yield significant income, especially during peak seasons.
  2. Prime Location: Located just one minute from the beach and adjacent to a provincial park, this property is in a highly desirable area of Wasaga Beach, benefiting from ongoing downtown redevelopment that enhances its long-term value.
  3. Versatile Investment Options: The property allows for multiple investment strategies, whether operating both units as short-term rentals or living in one while renting the other, providing flexibility to maximize returns.

Neighborhood Overview

Complete neighborhood profile for 44 12th Street N

Wasaga Beach home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in Wasaga Beach
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)