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Renanza Realty
For sale

6532 Wasa Lake Park Drive

Wasa, British Columbia

MLS® 10395436

$980,000

Status
Active
Property type
House
MLS® number
10395436
Bedrooms
3
Bathrooms
2
Year built
1955

Listing 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.

Property summary

MLS® number
10395436
Property type
Single Family
Building type
House
Square footage
1,514 sq ft
Title
Freehold
Land size
2.07 acres
Built in
1955
Annual property taxes
$3,064.28
Parking
4 spaces · Detached Garage, Carport
Days on market
32 days

Features & details

Heating
Forced air, Electric, See remarks
Flooring
Mixed Flooring
Community features
Rentals Allowed
Architectural style
Cottage

What would this home cost you?

Based on the $980,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,560 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Royal LePage Rockies West, Invermere.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.