Exceptional Multi-Residential Investment Opportunity in Wasaga Beach Set your sights on this incredible Tourist Accommodations in one of Ontario's most beloved vacation destinations. Steps from the sandy shores of Georgian Bay, this unique 10-unit cabin property offers immediate income potential and long-term development possibilities. This charming courtyard-style retreat features eight two-bedroom cabins, along with a three-bedroom and a four-bedroom unit for year-round use. Whether you choose to live on-site in one of the larger residences or operate the entire property as a rental business, the opportunities are endless. Guests return year after year, drawn to the inviting atmosphere, prime location, and exceptional reputation of this well-established retreat. Situated on a generous 150 x 150 lot offers ample recreational space, complete with gazebos, picnic areas, play equipment, and a communal firepit perfect for families to gather and create lasting memories. The main cabin is equipped with gas heating and central air, while each additional unit features its own heat pump and air conditioning, ensuring comfort in every season. Municipal water and sewer services provide convenience, and the addition of solar panels allows for energy efficiency, with the potential to sell excess power back to the grid. With Wasaga Beach's growing popularity, this property presents a rare opportunity for both short-term and long-term rental income. The winterized cabins offer excellent potential for seasonal ski rentals during the colder months. For those with a larger vision, this prime commercial lot also holds immense development potential, given its close proximity to shopping, dining, entertainment, provincial parks, and a nearby marina for motorized watersports. Whether you're looking to take over a thriving business, create a personal getaway, or explore redevelopment possibilities, this is an investment you wont want to miss! A seamless transition awaits its next owner. (id:4069)
Address
725 RIVER ROAD E
List Price
$1,799,000
Property Type
Business
Area
Ontario
Sub-Area
Wasaga Beach
Bathrooms
11
Floor Area
5,200 Sq. Ft.
Lot Size
150 x 150 FT Sq. Ft.
MLS® Number
S12031782
Listing Brokerage
RE/MAX By The Bay Brokerage
Postal Code
L9Z2M4
Zoning
CA
Site Influences
Recreation
