44 12TH Street N (40443859)

Located in one of the most frequented & beloved destinations of Ontario, Wasaga Beach; a 2 min walk of 150M to the World’s Longest Freshwater Beach, this 2-unit winterized cottage rental business w/95% occupancy in the summer moths,& steady income stream in the winter is 100% turnkey & fully furnished. It consists of one 3 bedroom 1 bathroom & one 2 bedroom 1 bathroom has been well cared for, it's up to date & has received a great reputation from its customers on Airbnb that supports a strong future for the new owner. This multi-unit comm. zoned property is a dream come true for real estate investors. It makes a great investment for someone looking to grow their portfolio of rental properties. Situated in a prime CT2 location, just min’s away from Beach Area 1, downtown, restaurants/shopping. Being located across the street to a Provincial Park means many things. Consistency & beauty are 2 things that easily come to mind. Not only is there much upside available to increase profits/value, but the lifestyle also to be enjoyed is one of the finest in Wasaga Beach if you appreciate incredible beauty & the outdoors. The cabins rent for $450/night Fri-Sat&$295/night Sun-Thurs in the summer season & are fully winterized & rented in the winter months. The larger of the 2 cabins fetches $1900/month or more & the slightly smaller one fetches $1450/month. You can also use the main dwelling as owner's accommodations while you still have benefit of an additional source of income as a seasonal rental or Airbnb. What sets this property apart, is not only its commercial zoning, which opens a world of possibilities, but also, it’s excellent rental history as an Airbnb, attracting short-term rentals in summer and seasonal rentals in the winter which maximizes your earnings. (id:48903)