Address
119 MAIN Street Wasaga Beach, ON
Price
$ 2,499,000
Property Attributes
  • ID#40043122
  • TypeSingle Family
  • CityWasaga Beach
  • Postal CodeL9Z 2K9
  • Style
  • Price$ 2,499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
PEAK PROFESSIONALS REALTY INC.
Data Source:
Canadian Real Estate Association
Property Description

BOOMING BUSINESS with excellent yearly income, even in 2020! Fully renovated, turnkey motel by the beach. 7-8% CAP RATE business year-round. A short 5-minute walk to Beach 1, the main strip. Fully winterized, apartment-style units are ready for daily, weekly, monthly or yearly stays. Units include; kitchenettes (all appliances), dinettes, living spaces, full washrooms and 1,2 or 3 bedrooms. 13 units: 6-one bedroom, 6-two bedroom, 1-three bedroom, with room for expansion! (Architectural drawings available). New windows, doors, flooring and mattresses. On-site office, laundry facilities and parking. Air conditioning and temperature controls in all units. Outdoor amenities include: playground, 4 gazebos, 4 BBQs, 3 campfire pits, picnic tables and kids' toys/bikes. Greater potential for summer-stays with the new Hotelogix booking software. Merged online booking platforms are all linked in real-time (no over-bookings). Motel is being sold with all units furnished, all outdoor equipment and all current booking software (Hotelogix, Booking.com, Airbnb with 4-5 star reviews). Motel with an excellent vacancy rate and many repeat customers. (id:7434)

General Features

Ammenities Beach, Golf Nearby, Ski area
Building Appliances Dryer, Microwave, Refrigerator, Stove, Washer, Window Coverings
Building Cooling Type Window air conditioner
Features Golf course/parkland, Beach, Paved driveway
Foundation Type Poured Concrete
Location Description GPS
More Information Link https://www.realtor.ca/real-estate/22581392/119-main-street-wasaga-beach
Property Type Other
Zoning Description DC1H - Downtown Core Mixed Use

Interior Features

Basement Type None
Building Fireplace Present False
Building Heating Fuel Natural gas
Building Heating Type Baseboard heaters, Forced air
Flooring Type Ceramic, Laminate

Exterior Features

Exterior Finish Vinyl siding
Fence Type Fenced yard
Land Amenities Beach, Golf Nearby, Ski area
Sewer Municipal sewage system

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in L9Z 2K9

Price
AVG $2.48M
$2.5M
Visits
AVG 31
32

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