Wasaga Beach, ON L9Z 2J8,Address not disclosed
Wasaga Beach, ON L9Z 2J8,Address not disclosed
Wasaga Beach, ON L9Z 2J8,Address not disclosed
Wasaga Beach, ON L9Z 2J8,Address not disclosed
Wasaga Beach, ON L9Z 2J8,Address not disclosed
Wasaga Beach, ON L9Z 2J8,Address not disclosed
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$6,395,000

$6,395,000

Est.Price: ?

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Est. payment /mo

17,889 SqFt


SOLD DATE : 08/18/2023

Key Details

Sold Price $6,395,000

Property Type Sale Of Business

Sub Type Sale Of Business

Listing Status Sold

Purchase Type For Sale

Square Footage 17,889 sqft

Price per Sqft $357

Subdivision Wasaga Beach

MLS Listing ID S6310931

Maintenance Fees $22,096

Building Age 51-99

Annual Tax Amount $40,000

Tax Year 2020

Lot Size 0.411 Acres

Property Sub-Type Sale Of Business

Property 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 hi

Location

Province ON

County Ontario

Area Simcoe

Zoning CA-ACCOMODATION COMM'L

Interior

Cooling Window Unit

Building

Sewer Sewers

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Listed by Re/Max Crosstown Realty Inc. Brokerage
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ralph@ralphrichardson.ca

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