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Wasaga Beach,ON L9Z 2K1
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 7,128 sqft
Price per Sqft $413
MLS Listing ID S9370616
Annual Tax Amount $12,476
Tax Year 2024
Property Description
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.
Location
Province ON
County Simcoe
Area Wasaga Beach
Interior
Cooling Yes
Exterior
Garage Spaces 15.0
Utilities Available Yes