63 Beck Street, Wasaga Beach, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Wasaga Beach. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $749,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 8 Bedrooms and 1 Bathroom with 3 functional kitchens
- Premium 50 x 125 ft lot size
- equipped with no central cooling and highly efficient other heating
Description
An exceptional investment opportunity in the heart of Wasaga Beach! Situated on a commercially zoned lot, this versatile multi-unit property offers endless potential for investors, entrepreneurs, or large families seeking both lifestyle and income. Currently operating as a successful seasonal cottage court business, the property enjoys approximately 95% occupancy during peak summer months, along with a steady stream of income throughout the winter season. With a proven track record on Airbnb, this property consistently attracts short-term guests while also offering excellent potential for long-term rental income. The property features three self-contained units: Unit 1: 3 bedrooms, 1 bathroom. Unit 2: 2 bedrooms, 1 bathroom. Unit 3: 3 bedrooms, 1 bathroom. Ideally located just minutes from Wasaga Beach Area 1 boardwalk, restaurants, shopping, and local amenities, this high-demand location ensures strong rental appeal year-round. The front unit presents exciting commercial potential, with the option to convert into a storefront or adapt for a variety of business ventures, taking full advantage of the property's commercial zoning. Whether you're looking to expand your investment portfolio, run a business, or enjoy a multi-generational property with income potential, this is a rare opportunity you don't want to miss!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 63 Beck Street, Wasaga Beach, ON L9Z 2K9
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About Purchasing a Home in Wasaga Beach, ON
For a property listed at $749,000 in Wasaga Beach, the legal minimum down payment is $49,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11,455 for this transaction. As this listing is in Wasaga Beach (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $11,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.