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

Listing Broker ANALYST REALTY INC.
Since listed: 0 views

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

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List Date End Date List Price End Price Status MLS #
2024-11 2024-11 $1,288,888 $1,288,888 New S10425837

Comparables

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sold 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 :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 28 River Avenue Cres

Based on available 3rd party data

$4801

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:

Listing Broker ANALYST REALTY INC.
Data Source: TRREB

Payment calculator

$4666 monthly. In association with: TD Bank
%
  • 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.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Mike Zamani, Realtor

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