An exceptional opportunity to own a profitable, year-round motel business in one of Ontario’s most popular tourist destinations. Terrawoods Motel offers a nature-inspired stay with modern comforts, catering to vacationers, families, and business travelers alike.
Address: 119 Main Street, Wasaga Beach, ON
Purchase Price: $495,000
Inventory: $30,000 – $50,000
Possession: Immediate
Term: 10 years
Property & Business Highlights:
• Over $400,000 in annual income
• Turnkey, year-round operating motel
• Walking distance to Wasaga Beach, strip, shops & restaurants
• Property size: 0.92 acres
• Two single-storey motel buildings
• 12 fully furnished units, each with a full kitchen
– 6 One-Bedroom Units
– 6 Two-Bedroom Units
• Additional separate 3-bedroom house on site
• On-site office & laundry facilities
• 36 paved parking spaces
• Office on site for guest convenience
About Terrawoods:
Terrawoods is a growing resort, motel, and cottage franchise brand offering peaceful, nature-inspired accommodations with modern hospitality standards. Known for consistency, comfort, and strong guest appeal in high-demand leisure markets.
Ideal For:
• Hospitality operators
• Investors seeking stable cash flow
• Family-run businesses
• Buyers looking for a lifestyle + income opportunity