WATERFRONT CONDO-TRIPLEX

64 RIVER ROAD EAST, WASAGA BEACH

3 STRATA TITLED  CONDOMINIUM TOWN HOMES
IN A GATED RIVERFRONT ENCLAVE

PIER 64 CONDOS

PROPERTY NOTES

PROPERTY HI-LITES

Comfortable, Well Appointed 3br Town Home On A treed Lot In A Gated Enclave Of Executive Town Homes In Wasaga Beach.

Main Floor Is Open Concept With A Gas Fireplace And A Walk-Out To A Treed Yard.

The 2nd Level Includes A Very Spacious Master Bed Room With A 3PC En-Suite And A Balcony.

BR2 & BR3 Are An Ideal Size And They Are Bright. 

Suite Features & Hi-Lites”

  • 9 Ft Ceilings
  • Fridge, Stove, Dishwasher Included
  • Beautiful Upgrade Flooring & Carpeting
  • Horizontal Blinds On All Windows
  • Oak Staircase
  • Gas Fireplace
  • Recessed Halogen Lighting
  • En Suite Deluxe Bathroom
  • Central Air Conditioning

Exterior Features & Hi-Lites

  • All Glass Balconies
  • Premium Energy Efficient Thermal Doors & Windows
  • Very Secure 3-Way Door Locking Systems On All Outside Doors
  • Lawn Maintenance, Common Area Snow Removal  & Grounds Keeping

a picture is worth...

Gated Waterfront Enclave

With Unfettered Dock Access – You Can Be Part Of This Gated Riverfront Enclave Of Stylish Town Homes And Put Your Private Boat Slip In The Nottawasaga River. Quality Built Courtyard Town Homes Units A Treed Lot. Open Concept Dining Room With A Walkout To The Treed Yard. Gas Fireplace & Large Windows In Open Concept Living Room. Spacious Master Bedroom With A Balcony & Walk-In Closet. Affordable For Downsizers & 1st Time Buyers & Profitable For Investors!  Vacant Possession Or Assume A Quality Tenant.

LOCATION. LOCATION. LOCATION.

MINUTES TO EVERYWHERE YOU WANT TO BE

Located at the centre point for all that is awesome about the Southern Georgian Bay Triangle is the iconic town of Wasaga Beach.

With everything conveniently located nearby – shopping centres, skiing destinations, beautiful beaches and bustling nightlife – you won’t want for anything else. Whether you are looking to invest as a first-time buyer or if you are looking to settle down into a peaceful life by the water, this opportunity could be perfect for you!

DISTANCE & TIME

BEACH 1 & PROVINCIAL PARK 500 M – 6 MIN WALK
STONEBRIDGE SHOPPING CENTRE 1.7 KM – 3 MIN
GEORGIAN MALL – BAYFIELD ST. BARRIE 33 KM – 35 MIN
BLUE MOUNTAIN VILLAGE 30 KM  36 MIN
HISTORIC DOWNTOWN COLLINGWOOD 22 KM 24 MIN
HORSESHOE VALLEY RESORT 32 KM 36MIN

 

Live & Work & Prosper

Not only will this property provide security as an investment, but also incredible peace of mind knowing that you have a seamless transition into hassle-free living by the water. Low maintenance living is made easier with this triplex condo – no need to worry about upkeep or costly repairs.

With little effort needed on your part, except collecting rent when you invest in this maintenance-free triplex condo in a waterfront community with STR & Airbnb approval. Live in one unit & rent out the others for added income.

And if you have no interest in living in any of the units and if you want a turnkey tenanted investment – the seller will rent back for another year and continue to operate their “niche rental service” of ‘flexible-term, accommodations” (both furnished & unfurnished) to “homeowners’ in the midst of builder delays; closing date snafu’s; business relocations; and sometimes airbnb.

-The following reference links related to flexible term accommodation offerings:

 

https://pier24condos.com/2br-furnished-riverfront-5-builder-delay

https://airbnb.ca/h/wasagabeach

https://www.facebook.com/marketplace/item/1610562509276671/

 

See the CFA below which factors in the prepaid common fees and the prepaid property tax – the seller will offer a 5.7% cap rate. It has been set up as a break even cash flow scenario.

And for a limited time, the seller will prepay condo fees & taxes for 3 years. Perfect for 1st-time investors & low-maintenance living.

 

PROPERTY TAXES & COMMON FEES

DESCRIPTION PROPERTY TAXES ANN/MTH COMMON FEE ANN/MTH
#7 – 64 RRE $ 2,882.97 / $ 240.25  $ 6,709.08 / $ 559.09
#8 – 64 RRE  $ 2,821.41 / $ 235.12 $ 6,651.74 / $ 554.31
#9 – 64 RRE $ 2,882.97 / $ 240.25 $ 6,766.42 / $ 563.87

PIER 64 CONDOS

64 RIVER ROAD EAST, WASAGA BEACH, ON.