Active
148 Mosley St
Wasaga Beach Ontario, L9Z 2K1
C$2,950,000
Active
16 Beds
10 Baths
Multi-family
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.
S9370711
MLSⓇ ID
November 22, 2024
Updated
Map
148 Mosley St
Wasaga Beach Ontario, L9Z 2K1
Interior Features
Bedrooms
16
Total Bathrooms
10
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Heat Pump, Electric
Exterior/Building Features
Lot Size
0.16 Acres
Architectual Style
Other
Sewer
Sewers
Other Property Details
Area Name
Wasaga Beach
Taxes
$12,477
Tax Frequency
Annually
Garage
No
Parking
None
Parking Total
15
View
No
County
Ontario
Municipality
Wasaga Beach
Water Source
Municipal
Pool
No
Pool Features
None
Zoning
Beach Mixed-Use Zone B1H
Courtesy of Listed by , CENTURY 21 LEADING EDGE REALTY INC.,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
©2024 Toronto Real Estate Board. All rights reserved.
Data last updated 4:08 PM UTC, 11/22/2024