28 River Avenue Cres
$1,288,888
$1,288,888

28 River Avenue Cres

Wasaga Beach, Wasaga Beach, Simcoe $1,288,888

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3 Beds
2 Baths
Parking for 3
S Facing
Zoning: Ct 2 Commercial Tourism
MLS®#:
S10425837
Property Type:
Cottage
Property Style:
Bungalow
Area:
Simcoe
Community:
Wasaga Beach
Taxes:
$3,549.27 / 2023
Added:
November 15 2024
Lot Frontage:
60.00
Lot Depth:
158.00
Status:
Active
Outside:
Alum Siding
Year Built:
Basement:
Crawl Space
Brokerage:
ANALYST REALTY INC.
Lot (Feet):

158

60

BIG LOT

Intersection:
Main/River Ave Cres
Rooms:
4
Bedrooms:
3
Bathrooms:
2
Fireplace:
N
Utilities
Water:
Municipal
Cooling:
Central Air
Heating Type:
Forced Air
Heating Fuel:
Gas
Living 4.45 x 5.36m
Combined W/Kitchen, Combined W/Dining
Br 2.74 x 2.8m
Br 2.8 x 2.92m
Prim Bdrm 2.83 x 5.3m

Listing 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!

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.

Sale/Lease History of 28 River Avenue Cres

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Neighbourhood

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Wasaga Beach home prices

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)