20 50th street s

wasaga beach

$559,000 - 3   1

Are you a first time home buyer, property investor or builder looking for your next opportunity? We have just the place for you! Located in the picturesque town of Wasaga Beach, this classic cottage offers the perfect blend of charm and potential. Situated on a double wide lot, on a quiet dead end street, near beach 6 and close to shopping, this property has an optimal location. Let's dive in and explore all the wonderful features this cottage has to offer, as well as the exciting possibilities that await you. This open concept 3 bedroom, 1 bathroom home comes with a gas fireplace as its main source of heat with supplemental baseboard heating as well. There is engineered hardwood through out and a cozy sunroom with its own entry way. Situated on a (100 x 142) foot lot and built off to one side, there is the added value of being able to create a separate lot. Severance offers a host of financial benefits for savvy investors. By dividing the lot, you create the potential to build your dream home on one while you live in the other. You could also sell one of the lots, providing you with an opportunity to recoup a portion of your initial investment. This added flexibility allows you to maximize the value of the property and potentially generate income. Furthermore, the increased value of the property due to severance can be an attractive proposition for future buyers, should you choose to sell the entire property. The potential for both short-term and long-term financial gain makes this classic cottage a smart investment choice. (id:38782)

Listing ID: 40468229