35 River Rd E - Summerhill Cottage and Cabin Rentals
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35 River Rd E - Summerhill Cottage and Cabin Rentals
2,000 SF Hospitality Building Offered at $1,421,999 USD at a 6.48% Cap Rate in Wasaga Beach, ON L9Z 2L1
Investment Highlights
- Popular location in Wasaga Beach.
- Great potential for land redevelopment.
- Clean, family-friendly property with easy access to the beach.
Executive Summary
Motivated Seller! Great investment opportunity! This beautiful property represents both an opportunity to purchase a prosperous business and the opportunity to redevelop the land. Wasaga Beach has recently opened the doors to a new casino nearby, turning the town in more of a year-round destination for many. Also, Wasaga Beach is growing in appeal as a great place to invest, so now is a great time to get in. Zoned for possible redevelopment.
Contact LA for information package.
Contact LA for information package.
Financial Summary (Actual - 2023) Click Here to Access |
Annual (USD) | Annual Per SF (USD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (USD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (USD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
- Fully-Equipped Kitchen
- Multi-Room Suites
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 5 | $83.19 USD | - |
zoning
| Zoning Code | CT2 (CT2 (According to the Town of Wasaga Beach's zoning map, the property is zoned "General Commercial Zone (C2)" and "Residential Multiple 2 Zone (RM2)) |
| CT2 (CT2 (According to the Town of Wasaga Beach's zoning map, the property is zoned "General Commercial Zone (C2)" and "Residential Multiple 2 Zone (RM2)) |
-
Dennis Rego -
Platinum Lion Realty Inc
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35 River Rd E - Summerhill Cottage and Cabin Rentals
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