$6,395,000
$6,395,000
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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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