Real estate brokerage licensed in Ontario, Canada ... selling worldwide.

Wasaga Beach Wasaga Central (Wasaga Beach, Ontario, CA - L9Z 2Y4) Built

$2,500,000 CAD

On Georgian Bay Real Estate Inc., Brokerage

Andrew Sobczak Andrew Sobczak 1 705 543 1341 (Cell) Request More Info

  • Resort 30 units rented monthly riverfront sandy beach
  • Type: Commercial
  • Style: Commercial
  • Development Level: Built
  • Lot Size: 1.4 acres
  • Taxes: $24,000.00 CAD

Description

RESORT PROPERTY- 30 UNITS, RIVERFRONT, WASAGA BEACH- WHERE THE RIVER MEETS GEORGIAN BAY! Attention Investors!
-Ideal waterfront location, close to Main Strip in Wasaga Beach and adjacent to major Stonebridge development. 1 hour North or Toronto.
-Excellent Business opportunity or development investment property with solid financials and positive cash flow.
-Located within new Wasaga Downtown Master Plan boundaries, approved by council and major development starting spring 2018.
-Beautiful sandy beach and plenty of parking. 1.4 acres
-Upgraded rooms, most with kitchenettes.
-Currently fully rented to extended stay, month to month tenants. Easy conversion to daily and weekly rentals if desired.
-Electric and natural gas heating
-Brand new roof installed fall 2017
-Zoning is CT2 tourism commercial, allows motel and many other uses
-Spacious basement with 2 bathrooms and several small rooms which could be converted to more units or managers apartment.
-Also large area which could be converted into monthly rental storage units.
-Revenue 20K plus per month with more potential.
-Property taxes, 24K / Year
-Asking price 2.5 million. Owner says bring your offers.



ALSO FOR SALE:
1.4 acres building lot with sandy beach and rocks within 18,000 acres provincial park 295' on North Channel of Lake Huron
world class sailing on mainland but can be accessed by water or air only due to the fact that it is surrounded by 18,000 acres of provincial park which is not open to public and therefore there are no roads or trails backing into quartz covered mountains
hunting is allowed in the park according to MNR ...

included are : 1973 Alcan Seavilla 300, 30` house cruiser aluminum V-hull 2 Volvo Penta 185 hp gasoline engines survey $30k value which you can use as floating cottage and
2014 custom built 12` hovercraft, 3 seats, 16.5 hp lift and 31 hp thrust new 4 strokes motors to get you there over water or thin ice.

Attachments

P2#242371179
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