Property TypeHospitality | Building Area3510 |
Property TypeHospitality | Building Area3510 |
Are you an investor looking to purchase a turn key 10 unit cottage court in the heart of Wasaga Beach's ongoing development? 12 months of income with five winterized recently renovated cabins; 4 two bed and 1 one bed all with heat and kitchen. Plus five seasonal 4 people bunkie’s, less than 3 years old with a/c and mini kitchen. Development potential with the size and configuration of the property supporting a wide array of uses, including residential, commercial, and tourism oriented uses. Wasaga Beach Is growing: OLG Casino opened 2022; Twin Pad and library with 2 olympic sized ice rinks opened 2023; August 2023, negotiations with FRAM Building Group concluded with an agreement to re-develop Wasaga Beach’s beachfront commercial area. The Downtown Development Master Plan was approved by council on March 28, 2017, for the creation of a new downtown/main street area connected to a revitalized and redeveloped tourism and entertainment beach area on the waterfront. The plan includes about 200,000sq.m of residential, commercial, and recreational development spread out over the main beach area and Main Street. Motel opposite at 119 Main Street also for sale (MLS#40548429.) (id:16261) |
Amenities NearbyMarina, Public Transit | Community FeaturesHigh Traffic Area |
OwnershipFreehold | TransactionFor sale |
Zoning DescriptionDC2H |
BasementNone | Size Exterior3510.0000 |
Size Interior3510.0000 | Storeys Total1 |
Utility WaterMunicipal water |
Size Frontage100 ft | AmenitiesMarina, Public Transit |
SewerMunicipal sewage system | Size Depth125 ft |
Listing Office: RE/MAX By the Bay Brokerage (Unit B)
Data Provided by The Lakelands Association of REALTORS®
Last Modified :17/04/2024 04:23:31 PM
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