$2,950,000
FOR SALE

Investment

Lot: 99 x 72 ftTotal Area: 7,128 ft2
2024 Taxes: $12,476.93

148 Mosley St
Wasaga Beach, ON L9Z 2K1 | Simcoe

FULLY RENOVATED, YEAR-ROUND PREMIER BEACHFRONT RESORT MOTEL IN A PRIME WASAGA BEACH LOCATION! This completely transformed boutique motel offers an extraordinary investment opportunity in the heart of Wasaga Beach. Known as the well-established and highly rated "Adrian's Suites," this exclusive property offers a unique blend of refined comfort, detailed modern upgrades and a prime location steps from the iconic sandy shores of the most famous main beach and also Beach 2. Purchased and reimagined by the current owner, over $1M was invested in a top-to-bottom renovation, turning this former motel into a premier year-round destination that elevated Wasaga to a new level. Recently opened, this property draws vacationers and adventure-seekers across all seasons with its sister property down the street operating as a lucrative turnkey investment. Every detail was carefully considered, with 10 fully furnished suites offering sleek modern interiors comprised of 6 one-bedroom suites, 3 two-bedroom suites, and 1 three-bedroom suite. Guests are raving about the new onsite amenities, including multiple BBQ stations, inviting fireside seating areas, and private gazebos that offer a perfect blend of comfort and privacy. Plenty of parking including EV charging is available for both residents and guests, adding to the property's convenience and overall appeal. This property is ideal for investors looking for a stable, cash-flowing asset in one of Ontario's top year-round tourist destinations. Now is the perfect time to invest in Wasaga Beach, one of Canada's fastest-growing municipalities. Also, a vendor take-back mortgage is available, offering flexible financing options. As the world's longest freshwater beach, Wasaga Beach is experiencing a surge in popularity, and with demand rising, property values are set to climb even higher, making this an unparalleled opportunity for savvy investors.
Extras
Prime location steps from the iconic sandy shores of the most famous main beach and also Beach 2, lined with restaurants, bars, entertainment and shops! Also, only minutes from the new Wasaga Casino, big-box shopping stores & Collingwood!
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Listed By CENTURY 21 LEADING EDGE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number S9370616
Last Updated Sep 30, 2024
Property Summary
Property Type Investment

More like this:
Use Hotel/Motel/Inn
Business/Building Name Adrian's Wasaga Beach
Category Accommodation
Occupancy Own+Ten
Possession Date TBA
Taxes (2024) $12,476.93
Tax Type Annual
Directions/Cross Streets 4th St and Mosley St Beach 1
Neighbourhood Wasaga Beach
Area Simcoe
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 99 x 72 ft
Total Area 7,128 ft2
Air Conditioning Y
Garage Type None
Parking Spaces 15
Heat Type Elec Forced Air
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning Beach Mixed-Use Zone B1H
Seller Property Info Statement N

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