Business For Sale · Specialty

60 RIVER AVENUE CRESCENT, Wasaga Beach

60 RIVER AVENUE CRESCENT, Wasaga Beach, ON L9Z2K6

$2.1M total

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Asset Class

Specialty

Size

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Building class

B

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

91%

About this property

Top 5 Reasons You Will Love This Property: 1) Exceptional riverfront property featuring four self-contained units, ideally located just minutes from the main beaches in the thriving community of Wasaga Beach 2) Recently renovated primary residence showcasing a spacious primary suite with a private balcony, perfectly suited for executive-style living 3) True turn-key opportunity offering excellent potential for multi-unit rentals, investors, or seamless multi-generational living 4) Beautifully landscaped outdoor retreat designed for entertaining, relaxation, and enjoying the natural surroundings 5) Backing directly onto the picturesque Nottawasaga River, this property boasts approximately 60' of coveted waterfrontage, offering tranquil views and direct access to nature year-round. 3,216 above grade sq.ft. plus a finished basement. (id:66811)

Financial sandbox

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Estimate
Purchase price$2.10M
Down payment30% · $630K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$10K

Projected NOI

$138K

Annual cash flow

$21K

Cash-on-cash

3.39%

DSCR

1.18

Going-in cap

6.56%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

95,509

Households

42,505

Median income

$93,000

Median age

41.9

Daytime population

122,272

5-yr growth

7.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 60 RIVER AVENUE CRESCENT, Wasaga Beach.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.