$6,750,000

381 Mosley Street

Wasaga Beach ON, L9Z 2J8

Description

Welcome to the Dyconia Resort Hotel, a great development opportunity for someone with a grand vision. In years gone by, this used to be one of the "hottest" spots in Wasaga Beach for young adults to frequent on a hot summer weekend. Now, while it waits for it's next makeover, it's a year round resort hotel with 100% occupancy and enough cash flow to carry itself through until one has Site Plan Approval. A tour of the property will give you an idea of what is possible on this 2.84 acre site with 425 feet of river frontage! It's located on the Nottawasaga River, directly across the street from Beach Area Two and only a couple of minutes walk to downtown Wasaga Beach, where all the action is. What this means is that you could build executive townhomes with boat slips at your back door and have access to the most gorgeous sandy freshwater beach in Canada right across the street where there's a beautiful provincial park that runs alongside the beach. There's plenty of room for a high-end restaurant, a night club and/or a private swimming pool/spa. It all depends on you, the developer. One thing for sure... you can't beat the location! It's simply the best for boaters and beach lovers alike, not to mention those who love fishing. And for skiers and snowboarders, you are only a few minutes away from the slopes of the Collingwood ski hills and the West Coast feel and fine dining in magical Blue Mountain Village. Please visit our website for more details. See Schedules B & C as well. ATTENTION INVESTORS: There's potential income if a buyer was to rent out the Dining Room, the Bar, the Kitchen, the Lobby, the basement Banquet Hall and the Pool House. So one could add more units to the resort hotel in these spaces, or start all over and build up to 150 townhomes, if one got the right approvals. It's all up to the buyer with a grand vision!

Details

MLS#40100649
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1985
Days On Site20

Features

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Area Information
ProvinceON
CountySimcoe County
CityWasaga Beach
Postal CodeL9Z 2J8
AreaWasaga Beach
Listing VS Median (in L9Z 2J8)
Price:
$6,750,000
low | high
Med:
$6,750,000
50% of Average
On Site:
20
low | high
Med:
20
100% of Average
Sourced by Back At You
Listing Updated: May 9, 2021 8:00:51 PM PDT
Ian Woods LogoMLS Number: 40100649
Listing Provided By:
Ian Woods  of  Re Max Crosstown Realty Inc. Brokerage
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