About this property
Nestled in a stunning riverside location, this beautifully situated 10-plex offers both charm and investment appeal. Each unit enjoys ample parking, while recent upgrades have enhanced the property's rental potential. With a strong cap rate and an enticing Vendor Take Back (VTB)option for 1 year, this opportunity offers a remarkable cash-on-cash return in the first year with just 15% down. To sweeten the deal, we're offering up to 3 months of interest-free VTB to allow the new buyer to secure full tenancy. This is a rare chance to own a prime investment property with incredible upside.
Property Summary
Property TypeInvestment
Community NameWasaga Beach
Land Size50 x 225 ft
Age of Building51-99
Annual Property Taxes$7,500.00
Tax Year2026
Parking TypeNone Garage
Building details
Bathrooms / washrooms0
Property typeInvestment
Approximate age51-99
Lot & land
Lot dimensions50 × 225 ft
Lot frontage50 ft
Lot depth225 ft
Heating & Cooling
CoolingNo
Heating TypeGas Forced Air Closed
Taxes & fees
Annual taxes$7,500 (2026)
Listing history
On market sinceMay 1, 2026
Location
Wasaga Beach, ON L9Z 2H5
Listed by Platinum Lion Realty Inc, Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.