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44 12th Street

44 12th Street

Wasaga Beach, ON

  • 1,000 sqft
  • Investment
  • 148 days on market
$700,000

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.

Listing Details

Taxes (2025)
$2,957
Listed
April 10, 2026

Price History

Property

Lot Size
50 x 104.17 Feet

Parking

Garage
None

Location & Legal

Cross Street
Mosley Street
Zoning
CT2
Parcel Number
583270236
Possession
Flexible
Occupancy
Tenant

Included

Inclusions
2 x stove, 2 x fridge
Exclusions
Tenants Belongings
Rental Items
2 x hot water tanks

Property Insights

needs workupdated kitchenstainless appliancestile floors

AI-generated from listing photos. Not professional advice.

Community

Postal area L9Z

Population
24,849
Private dwellings
13,761
Median age
56.4
Average household size
2.3
Median household income
$76,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Wasaga Beach · last 12 months

Median sold price
$628,750
Homes sold
588
Median days on market
40
Sale-to-list price
96.1%

Based on 588 recorded sales of commercial properties in Wasaga Beach over the last 12 months.

Listed by

RE/MAX By The Bay Brokerage

Walk Score

28

Walk

47

Bike

Scores by Walk Score®

Commercial figures

Building area
1,000 sq ft
Price per sq ft
$700.00
Annual property tax
$2,957
Tax per sq ft
$2.96

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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Reita said:

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