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4 Regina AVENUE
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Katepwa Beach · Business · under $775,000. Alerts only send when there are new or meaningfully updated matching homes.
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Rocco’s Beach Store is located at Katepwa Beach directly across from Katepwa Beach Provincial Park. This busy turn-key comm/res property can be operated seasonally or year-round. The “take-out” window will keep you hopping serving tasty burgers, fries, poutine & ice cream treats! There is an additional retail space was used as a convenience store, or you could develop it into a coffee shop, bakery, pizzeria, clothing boutique or whatever your entrepreneurial heart desires. The kitchen is fully equipped with a flat top grill, broiler, ovens, deep fryer, overhead commercial exhaust hood, updated fire suppressant system, walk in freezer, & many coolers. The business sells propane tank exchange & has two above ground gas tanks. And don’t forget Black Beauty, the antique coin operated mechanical horse! 40 solar panels assist with the power costs & plenty of parking. A unique feature of this property is the gorgeous attached home constructed between 2017 & 2019, making it an ideal candidate for a lucrative Airbnb rental business! The home has a double attached garage leading into the main level family room, complete with a 2-piece bathroom, mechanical room & laundry area. This level provides direct access to the commercial space as well as doors that open out to a private yard with RV parking & patio. Upstairs, you will be captivated by the vaulted ceilings & exposed beams. The open concept floorplan creates an airy & spacious environment. The kitchen has modern appliances & perfect for hosting gatherings. The living room features an antique wood-burning fireplace, while skylights flood the space with natural light. Down the hall is a roomy primary bedroom, 4-pce bathroom with a soaker tub & a second bedroom. The living room includes a custom motorized king-size Murphy bed for additional sleeping space. Off the 2nd level is a wrap-around deck offering views of the park & lake. This property is truly one of a kind, making it a perfect retreat or income-generating rental. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
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Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jan 13, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.