1/347 RIVER Road E, Wasaga Beach
47 RIVER Road E, Wasaga Beach, ON L9Z2L1
$1.7M total
3,600 SF
Asset Class
Hospitality
Size
3,600 SF
Building class
B
Zoning
CB2 — Central Business
$ / SF
$472
Occupancy
98%
About this property
Discover this recently renovated motel property located in the heart of Wasaga Beach, steps from the world’s largest freshwater beach. Featuring 13 rental units—9 in the motel building and 4 standalone cottages—this property offers an exceptional opportunity for steady income or future redevelopment. The site is ideal for investors looking to capitalize on Wasaga Beach’s year-round tourism appeal, further amplified by the new nearby casino. Don’t miss this rare chance to own a commercial property in one of Ontario’s top vacation destinations. HST in addition to price (id:66811)
Financial sandbox
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Monthly debt service
$8K
Projected NOI
$122K
Annual cash flow
$28K
Cash-on-cash
5.52%
DSCR
1.30
Going-in cap
7.20%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Lakeview Physiotherapy | 1,786 SF | 2028-11 |
| Lakeview Physiotherapy | 1,753 SF | 2029-11 |
Area demographics
Trade area within 3 miles of the property.
Population
116,329
Households
52,168
Median income
$133,500
Median age
37.8
Daytime population
115,952
5-yr growth
6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 47 RIVER Road E, Wasaga Beach.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.