Address
6532 Wasa Lake Park Drive, Wasa, BC
Price
$ 980,000
Property Attributes
  • ID#10395436
  • TypeSingle Family
  • Listing Status Active
  • MunicipalityWasa
  • CityWasa
  • AreaWasa Lake motel
  • NeighbourhoodWasa Lake motel
  • Postal CodeV0B 2K0
  • StyleCottage
  • Year Built1955
  • Price$ 980,000
  • Bedrooms3
  • Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1514
  • Lot Size2.07 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property Description

An exceptional opportunity to own a unique income-producing property just steps from beautiful Wasa Lake. Situated only 300 metres from public beach access and approximately 500 metres from the public boat launch and playground, this versatile property combines a comfortable owner's residence with an established 14-unit commercially licensed motel. The property features a well-maintained three-bedroom, two-bathroom home, ideal for owner occupancy or on-site management, along with a detached 20' x 40' shop offering excellent storage and workspace. The motel is currently operated as 12 long-term monthly rentals (14 doors total), providing consistent cash flow while maintaining its commercial motel licence and future flexibility. Set on a generous parcel with ample parking and additional usable land, there is excellent potential for a new owner to explore opportunities to enhance income, subject to applicable approvals. Whether through expansion of accommodations, additional amenities, or other complementary commercial uses, the property offers exciting possibilities for future growth. With Wasa Lake's sandy beaches, boating, swimming and recreational amenities just a short walk away, this is a rare opportunity to invest in one of the East Kootenays' most desirable recreational destinations. Whether you're seeking a lifestyle investment, an owner-operated business, or a property with future upside, this one deserves your attention. Buyer to satisfy themselves regarding GST. (id:7434)

General Features

Community Features Rentals Allowed
Property Type Single Family
CommunityName Wasa Lake motel
Neighbourhood Lakes/Wasa/Lazy/Premier
Building Architectural Style Cottage
Parking Space Total 4
Building Type House
Ownership Type Freehold
Building.StoriesTotal 1.5

Interior Features

Building Fireplace Present True
Building Fireplace Total 1
Building Fireplace Type Free Standing Metal
Building Heating Type Forced air, See remarks
Building Heating Fuel Electric
Construction Style Attachment Detached
Flooring Type Mixed Flooring
Living Area Range 1514
Bedrooms 3

Exterior Features

Building Roof Material Metal
Building Roof Style Unknown
Sewer Septic tank
Fence Type Page Wire, Rail

Room Details

Room Dimensions Level Flooring Details
3pc Bathroom 7'1'' x 7'6'' Main level
4pc Bathroom 8'6'' x 8'8'' Second level
Bedroom 14'9'' x 9'7'' Main level
Dining room 14'8'' x 16'1'' Main level
Kitchen 14'7'' x 11'6'' Main level
Living room 14'9'' x 10'11'' Main level
Mud room 11'2'' x 7'6'' Main level
Office 14'11'' x 9'8'' Main level
Other 6'6'' x 13'3'' Second level
Primary Bedroom 14'8'' x 12'7'' Second level

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V0B 2K0

Price
AVG $750K
$980K
Year Built
AVG 1977
1955