148 MOSLEY STREET, Wasaga Beach, Ontario

$2,950,000

16 Beds
10 Baths

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. (id:56241)

Listing ID: S9370711
Property Type: Multi-family

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Details

Features: Guest Suite
Parking Spaces: 15
Transaction: For sale
Zoning Description: Beach Mixed-Use Zone B1H

Building

Appliances: Dishwasher, Microwave, Refrigerator, Stove
Bedrooms Main Level: 9
Bedrooms Lower Level: 7
Cooling: Central air conditioning
Exterior Finish: Stucco
Fireplace Present: False
Foundation: Concrete
Bathrooms (Total): 10
Heating: Heat Pump
Heating Fuel: Electric
Size Interior: 4999.958 - 99999.6672 sqft
Type: Other
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 99 ft
Size Irregular: 99 x 72 FT

Listing provided by CENTURY 21 LEADING EDGE REALTY INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 148 MOSLEY STREET in Wasaga Beach Ontario. It was last modified on September 27th, 2024. Contact us to schedule a viewing or to discover other Wasaga Beach real estate for sale.

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