Bungalow Flip or Rental On Spacious Lot In Wasaga Beach!! Easy Access to Georgian Bay!! Assigned

  • $540,000
  • 3 beds
  • 2 baths
  • 1126 sqft
Here’s your chance to buy an attractively priced fix ’n flip near sandy beaches and the still waters of Georgian Bay. This is a 1126 square foot bungalow on a 10,000+ square foot lot, within walking distance to the waterway. It is located on a main road in the town of Wasaga Beach, the premier tourist destination of Simcoe County, with only a 10 minute drive to bustling Collingwood, and a mere 2 hour trip from metropolitan Toronto, which makes this waterfront town reasonably accessible for urban dwellers. With scant inventory up for grabs in this area and heavy competition, flip-friendly properties like this are rare finds. Investors, here is one opportunity that you do not want to miss out on!!

We are selling our assignable purchase contract.

Closing is May 25th, 2021

  • 3 bedrooms (listed as 2 bedrooms, as per MPAC)
    • Master bedroom features a walk-in closet, as well as a 3-piece ensuite
    • Large room located just off of the kitchen could easily be converted into a third bedroom, though it has no closet space
  • 2 full bathrooms (listed as 1 bathroom, as per MPAC)
  • Built in 1950
  • Above grade: 1126 sq ft (as per MPAC)
  • Crawl space
    • Ceiling height is approximately 3-4 ft (Buyer to verify)
  • Separate entrances:
    • Front door leads from porch area to living room (currently not in use, as per Seller)
    • Back door leads from deck area to kitchen
  • Flooring is a mix of laminate, carpet, and tile
  • Living room bay window is a distinct feature
  • All appliances are included, except for large freezer, washer & dryer
  • 100 AMP breaker panel
  • Gas furnace, approximately 5-years-old (as per Seller)
  • Ductless AC system is 6-years-old (as per Seller)
  • HWT is owned, approximately 7-years-old (as per Seller)
  • All windows were replaced in 2005 (as per Seller)
  • Roof was completely redone in 2012 (as per Seller)
  • Backyard features 2 storage sheds
  • 1-car, detached garage:
    • Total area: 500 sq ft
    • Built in 2013
    • Has hydro
    • Heated (electric), insulated, and drywalled (as per Seller)
  • Parking for 7-8 cars on private, gravel driveway
  • Concrete block foundation
  • On municipal services
  • Lot size: 73.58 ft x 150 ft
  • Zoning: R1


  • Cosmetic updating
  • Wooden shed in backyard will require a new roof


Please click HERE for more pictures and information.

County Rd 92 & 45th St N
Wasaga Beach, ON
Square Feet:
Lot Size:
73.58 ft x 150 ft
Assignment of Contract
Property Type:
Year Built:
Crawl Space

Call 647-370-0820 for more details

Property Location