28 River Avenue Cres
Wasaga Beach | Wasaga Beach | L9Z 2K6- 3
- 2
- 0
$1,288,888
Est. Mtg $4,370 /mo-
Days on market
9
-
Status
New
Home details
- MLS #:
S10425837
- Property type:
- Cottage
- Style:
- Bungalow
- Taxes:
- $3,549
- Possession:
- Flex
- Lot Front:
- 60.0 Feet
- Lot Depth:
- 158.0 Feet
- Basement:
- Crawl Space |
- Driveway Pkg:
- 3
- Heat:
- Gas | Forced Air
Description
28 River Avenue Cres, , Wasaga Beach, Ontario is a Cottage property in Wasaga Beach and in the Wasaga Beach community in the L9Z 2K6 postal code
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!.
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..
History
Sign in for full accessList Date | End Date | List Price | End Price | Status | MLS # |
2024-11 | 2024-11 | $1,288,888 | $1,288,888 | New | S10425837 |
Comparables
Sign in for full accesssold Date | Address | List Price | sold Price | DOM |
2023-11 | 1856 River Rd W, | $599,000 | $550,000 | 37 |
2023-07 | 102 Belva Ave, | $599,900 | $570,000 | 109 |
2022-08 | 60 48th St N, | $549,000 | $510,000 | 8 |
2022-07 | 1085 Shore Lane, | $969,000 | $857,750 | 14 |
2021-07 | 68 22nd St N, | $549,900 | $550,000 | 7 |
2021-02 | 10 Linament Lane, | $869,000 | $890,725 | 15 |
2020-08 | 246 Knox Rd E, | $499,900 | $495,000 | 118 |
2019-12 | 9 Linament Lane, | $300,000 | $268,000 | 65 |
Statistics: TRREB Market Watch - JUNE 2023
Municipality activity All Property Types
Sale activity
Wasaga Beach :
Estimated running costs for 28 River Avenue Cres
Based on available 3rd party data
Approximate costs per month
- Mortgage
- $4370 p/m
- Energy
- from $75 p/m
- Water
- from $40 p/m
- Home insurance
- from $20 p/m
- Taxes
- $295 p/m
- Maintenance
- $0 p/m
Amenities:
Features:
Payment calculator
-
Principal and Interest
4370 /mo
-
Property Taxes
$295 /mo
-
Yearly Condo Fees
$0
* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.