Wasaga Beach Multi-Family Properties for Sale
If you’re looking for a solid investment with stable cash-flow, you might be interested in a multi-family building. Residential and mixed-use commercial multi-unit buildings are a good investment in the Wasaga Beach area due to the high demand for rentals and vacation properties. The local rental market is strong due to a growing population in Collingwood and the demand for second homes near the Blue Mountain Resort.
Compared to buying a rental condo or house, a multi-family building offers economy of scale and a diversified income from having several tenants. It’s important to select the right type of apartment building for your investing goals. For example, a mixed-use building has commercial and residential units that may be complimentary. A pure residential or commercial building may attract long-term tenants that will reliably pay down a mortgage for you. Both options allow you the flexibility and tax considerations that come with owning a multi-unit building. Instruct us today to find the right investment property for you.