47 RIVER Road East, Wasaga Beach - Hospitality for Sale
47 RIVER Road East, Wasaga Beach, Ontario, L9Z2L1
26 parking3,600 ft²Listed 187 days ago
Overview
$1,699,999
Wasaga Beach
47 RIVER Road East, Wasaga Beach, Ontario, L9Z2L1
$1,699,999
Wasaga Beach
This hospitality in Wasaga Beach is for sale offering roughly 3,600 sq ft of space.
Discover this recently renovated motel property located in the heart of Wasaga Beach, steps from the world’s largest freshwater beach. Featuring 13 rental units—9 in the motel building and 4 standalone cottages—this property offers an exceptional opportunity for steady income or future redevelopment. The site is ideal for investors looking to capitalize on Wasaga Beach’s year-round tourism appeal, further amplified by the new nearby casino. Don’t miss this rare chance to own a commercial property in one of Ontario’s top vacation destinations. HST in addition to price (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 187 days on market, against an average age of 84 days across the listings currently for sale in this city
This hospitality in Wasaga Beach is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,699,999, about 22.4× the local median household income of $76,000.
Carrying it typically needs a household income of about $332,069 (20% down, 25-yr amortization, stress-tested) — roughly 337% above the area median.
Source: Statistics Canada, 2021 Census (FSA L9Z)
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