169 Mosley Street Wasaga Beach, Ontario L9Z 2K1
$2,849,000
Welcome to the Hollywood Cottages, Wasaga Beach, ... a great lifestyle business opportunity (you can earn enough income to work half the year) or it's a development opportunity for someone with a grand vision (of building executive townhomes or condos one day). It's a seasonal cottage court business with 95% occupancy and potential cash flow (6% - 7% CAP Rate depending on the model you choose) to carry itself through until one has Site Plan Approval for a future development. A tour of the property will give you a good idea of what’s possible on this strategically located site with 101 feet of river frontage on the Nottawasaga River. It’s located, directly across the street from Beach Area One and Beach Area Two and only a couple of minutes walk to downtown Wasaga Beach, where all the action is. The zoning is “Beach Mixed Use Hold (B2-H)” which means it’s suitable for triplexes, four-plexes or various types of townhouses or condos. There’s not only boat access at your back door but just across the street you have the longest sandy freshwater beach in the world! Right in front of the property you’ll find a beautiful provincial park that runs alongside the beach. You can't beat the location! It's simply the best for beach lovers, swimmers, sunbathers and boaters, not to mention those who love skiing and snow-boarding, as you are only a few minutes drive from the Collingwood ski hills and magical Blue Mountain Village. This cottage court has been getting rave reviews from Expedia, Trip Advisor and Booking.com. It’s comprised of 13 cottages and a main building where the owners/operators can live. Buy yourself a lifestyle business: work 3 to 6 months of the year and take the rest of the time off! Please visit our website for more details. (N.B. The vacant property right next door is also For Sale for $1,150,000 which doubles the lot size (to 0.8 acres) and doubles the waterfrontage to 200 feet on the Nottawasaga River. The resultant package price is $3,999,000.) (id:4014)
Business
| Name | Hollywood Cottages |
Property Details
| MLS® Number | 40287700 |
| Property Type | Other |
| Amenities Near By | Airport, Beach, Golf Nearby, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping, Ski Area |
| Communication Type | Internet Access |
| Community Features | High Traffic Area, Community Centre, School Bus |
| Equipment Type | None |
| Features | Visual Exposure, Park/reserve, Golf Course/parkland, Beach, Paved Driveway, Recreational, Sump Pump |
| Parking Space Total | 14 |
| Rental Equipment Type | None |
| Sign Type | Unknown |
| Water Front Name | Nottawasaga River |
| Water Front Type | Waterfront On River |
Building
| Appliances | Water Meter |
| Basement Development | Partially Finished |
| Basement Type | Partial (partially Finished) |
| Constructed Date | 1960 |
| Construction Material | Concrete Block, Concrete Walls, Wood Frame |
| Cooling Type | Central Air Conditioning, Ductless, Wall Unit |
| Exterior Finish | Concrete, Vinyl Siding, Wood, Hardboard |
| Fire Protection | Smoke Detectors, Security System |
| Flooring Type | Carpeted, Laminate, Linoleum |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Heat Pump |
| Stories Total | 1 |
| Size Exterior | 4986.0000 |
| Utility Water | Municipal Water |
Land
| Access Type | Water Access, Road Access |
| Acreage | No |
| Land Amenities | Airport, Beach, Golf Nearby, Hospital, Marina, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping, Ski Area |
| Landscape Features | Landscaped |
| Sewer | Municipal Sewage System |
| Size Depth | 188 Ft |
| Size Frontage | 101 Ft |
| Size Irregular | 0.419 |
| Size Total | 0.419 Ac|under 1/2 Acre |
| Size Total Text | 0.419 Ac|under 1/2 Acre |
| Surface Water | River/stream |
| Zoning Description | B2-h & B2-fh |
Utilities
| Electricity | Available |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/24617763/169-mosley-street-wasaga-beach
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December 11 2022 06:59:32
Barrie & District Association of REALTORS® Inc.
RE/MAX Crosstown Realty Inc. Brokerage