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164 Mission RD

164 Mission RD

Wawa, Ontario

Other

$1,285,000

Opportunity meets timing in the heart of Wawa. The Algoma Motel is a well-established 16-room property known for its loyal clientele, welcoming atmosphere, and signature fresh daily muffins. Centrally located and owner-operated, this turnkey business offers strong foundations with ongoing updates already underway, including room improvements that position the property for continued growth. A standout feature of the property is the additional on-site retail space, formerly operated as a brewery and wine store, presenting an excellent opportunity for a variety of high-margin, low-overhead business uses with minimal staffing requirements. With increasing regional activity and economic expansion driven by mining and infrastructure development, the demand for short-term accommodations continues to strengthen. Offered with flexible purchase options (asset or share sale), this is an excellent opportunity for an investor or hands-on operator to step into a recognized business and build on its existing success in one of Northern Ontario’s evolving markets.

Price History

Schools

Elementary

  • St Augustine French Immersion Catholic School0.3 km

    Catholic · Huron-Superior CDSB · 90 students

    Grade 3 reading: 17% met the provincial standard

  • École élémentaire Saint-Joseph0.3 km

    French Catholic · CSDC du Nouvel-Ontario · 140 students

    Grade 6 math: 31% met the provincial standard

  • École publique l'Escalade0.4 km

    French public · CS public du Grand Nord de l'Ontario

Secondary

  • Michipicoten High School0.4 km

    Public · Algoma DSB · 105 students

    Grade 10 literacy: 64% met the provincial standard

  • École secondaire catholique Saint-Joseph1 km

    French Catholic · CSDC du Nouvel-Ontario · 55 students

    Grade 10 literacy: 77% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area P0S

Population
10,170
Private dwellings
6,839
Median age
50
Average household size
2.3
Median household income
$85,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Other in Wawa · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of other properties in Wawa over the last 12 months.

Location

Mortgage Calculator

$257,000

Estimated Monthly Payment

$6,313

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $6,313/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $321/mo

Estimates only. Consult a financial advisor.

R

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