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$4,450,000

146 45th Street N, Wasaga Beach, ON L9Z 1Z2

Wasaga Beach

Bathrooms
10
Square feet
72,000
Type
Investment
AI summary
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About this listing

ATTENTION DEVELOPERS & INVESTORS!! This prime location presents and excellent opportunity for those with a solid vision of what the future has in store for Wasaga Beach, one of Ontario's fastest growing communities. This 1- 2/3 acre property is located on the north west corner of Mosley St and 45th St. N. one of the busiest intersections in town with over 300 ft. fronting on Mosley St. The other 3 corners of the intersection are commercially developed and have anchor tenants such as LCBO, SHOPPERS DRUG MART, TIM HORTONS, ESSO, REAL CANADIAN SUPERSTORE, CANADIAN TIRE, RE/MAX. STARBUCKS and HOME HARDWARE. The current population of 25,000 is predicted to increase to 50,000 over the next 25 years. This location is closest commercial hub to several active new home construction sites which are a short drive away. Current zoning offers several options, 4 to 5 story's offering commercial retail and professional office space or residential units. The existing business The Beacon Restaurant and Bar is a landmark of the community and has been operated by the same family for 75 years. The business is LCBO licenced for 190 inside and 48 on the patio. In addition to the restaurant bar income, 2 commercial and 6 residential rents generate additional income. Financials are available for Buyers considering operating the existing business. The owner will consider a development joint venture with a creditworthy applicant(s).

Property details

Price per sqft
$62
Days on market
428 days
Property taxes
$27,025/yr

Payment calculator

$890,000 (20%)
%
Estimated payment
$19,704 /mo
Mortgage amount
$3,560,000

Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.

Location

Walkability

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Walkability, transit, and bike-friendliness for 146 45th Street N, Wasaga Beach, ON L9Z 1Z2

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MLS# S11993381

Listed by RE/MAX By The Bay Brokerage

On market since Feb 28, 2025

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About 146 45th Street N, Wasaga Beach, ON L9Z 1Z2

How much is 146 45th Street N, Wasaga Beach, ON L9Z 1Z2?

146 45th Street N, Wasaga Beach, ON L9Z 1Z2 is listed for $4,450,000 CAD.

How many bedrooms and bathrooms does 146 45th Street N, Wasaga Beach, ON L9Z 1Z2 have?

146 45th Street N, Wasaga Beach, ON L9Z 1Z2 has 10 bathrooms.

What type of property is 146 45th Street N, Wasaga Beach, ON L9Z 1Z2?

146 45th Street N, Wasaga Beach, ON L9Z 1Z2 is a Investment, 72,000 sq ft.

What neighbourhood is 146 45th Street N, Wasaga Beach, ON L9Z 1Z2 in?

146 45th Street N, Wasaga Beach, ON L9Z 1Z2 is in Wasaga Beach, Ontario.

Is 146 45th Street N, Wasaga Beach, ON L9Z 1Z2 for sale or for rent?

146 45th Street N, Wasaga Beach, ON L9Z 1Z2 is currently for sale.

What are the property taxes on 146 45th Street N, Wasaga Beach, ON L9Z 1Z2?

The annual property taxes on 146 45th Street N, Wasaga Beach, ON L9Z 1Z2 are approximately $27,025 CAD.

How do I book a showing for 146 45th Street N, Wasaga Beach, ON L9Z 1Z2?

Contact Michael Mezheritsky at 4167164439 to arrange a private showing of 146 45th Street N, Wasaga Beach, ON L9Z 1Z2 (MLS# S11993381). You can also send a message through the contact form on this site.