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:47421)
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
Lot
100 x 125 ft
Amenities Nearby
Marina, Public Transit
Community Features
High Traffic Area
Listing Contract Date
2024-03-04
Location Description
Main Street To Beck Street
Ownership Type
Freehold
Property Type
Hospitality
Transaction Type
For sale
Zoning Description
DC2H
Building
Basement Type
None
Stories Total
1
Size (Exterior)
3510
Utility Water
Municipal water
Land
Total Size
1/2 - 1.99 acres
Amenities
Marina, Public Transit
Sewer
Municipal sewage system
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