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Ishwar Garg

ishwar@416homefinder.com +1(416) 705-4505

$ 2,950,000

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148 Mosley ST Wasaga Beach, ON L9Z 2K1

7,128 SqFt

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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 7,128 sqft

Price per Sqft $413

Subdivision Wasaga Beach

MLS Listing ID S9370616

Annual Tax Amount $12,476

Tax Year 2024

Property Sub-Type Investment

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

State ON

County Simcoe

Community Wasaga Beach

Area Simcoe

Zoning Beach Mixed-Use Zone B1H

Interior

Cooling Yes

Inclusions Too many to list! Incs nine 24" induction stoves, ten microwaves, nine TVs, nine 24" fridges. Largest suite incs a 30" induction stove, a 65" TV, 33" fridge & dishwasher. Ductless AC & heating units. Laundry facility on site. Multiple gazebos & BBQ! Plus, prime beachfront 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!

Exterior

Utilities Available Yes

Lot Frontage 99.0

Lot Depth 72.0

Others

Virtual Tour https://youriguide.com/148_mosley_st_wasaga_beach_on?pano=30009&rotation=3.1242600710842208&elevation=-0.22478496280238658

Listed by CENTURY 21 LEADING EDGE REALTY INC.

Ishwar Garg

Agent

+1(416) 705-4505

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Ishwar Garg

148 Mosley ST Wasaga Beach, ON L9Z 2K1

Key Details

Location

Interior

Exterior

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148 Mosley ST