$6,395,000
2
Storeys
1923
Built in
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. Comprised of 12 bldgs, featuring a mix of 3X1-storey cabins & 9X2-storey & 3-storey walk-ups. There are currently 38 units that are rented out to guests year round with full occupancy. There was a pool which is no longer in service, and there were some docks on the riverfront, but not any more. Please visit our website for more details. See Schedules B & C as well. (id:21083) Back
MLS #: 40148618
Courtesy of Re/Max Crosstown Realty Inc. Brokerage
Do you like this property?
Call us at 800.481.6769

Additional Images

Details

Property Type

Other

Built in

1923

Storeys

2

Parking Type/Spaces


Building

Exterior Finish

Brick, Wood

Basement

Partially finished

Heating/Cooling

Forced air
Window air conditioner
Amenities

Features

Southern exposure, Visual exposure, Park/reserve, Conservation/green belt, Golf course/parkland, Beach, Paved driveway, Recreational, Laundry- Coin operated

Amenities Nearby

Airport, Beach, Golf Nearby, Hospital, Marina, Park, Place of Worship, Playground, Public Transit, Schools, Shopping, Ski area