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1of10
3071 MOSLEY Street, Wasaga Beach
3071 Mosley Street
$2,075,000
Wasaga Beach , Ontario L9Z1W7
15 bed
12 bath
About the Property

Highway 26/Mosley Street EXCLUSIVE 12-UNIT PROPERTY IN A HIGH-DEMAND AREA WITH EXCITING DEVELOPMENT POTENTIAL! Welcome to 3071 Mosley Street. This property is located steps from the water and the new casino, making it an attractive investment. The property is situated on a corner lot with neighbouring vacant land earmarked for teardown and sale. Rezoned for medium density, it provides an opportunity for redevelopment in response to the area's high demand for residential spaces.

With a solid cap rate of 6.75%, the property promises a lucrative investment. It comprises 9 single- and 3 double-bedroom units, all with kitchens (12), designed to generate steady rental income. There are no common areas, and tenants are responsible for their own utilities, which keeps operational costs low and maximizes profitability. A detailed profit/loss statement is available for potential buyers, providing insight into the property's financial performance. The property has undergone a seamless transformation from a motel to meet modern residential demands, with an old Phase 1 environmental report (2019) assuring its environmental integrity. The property features an impressive 147.30' frontage on a sizable 0.437-acre lot, offering plenty of space for expansion or additional amenities. Ample parking is available for residents and guests, enhancing its appeal and functionality. Whether you're an experienced investor looking to expand your portfolio or an entrepreneur seeking lucrative opportunities, this property provides an ideal platform for realizing your vision. (id:27476)

See More

Schedule Your Tour

Property Details
MLS® Number
40687916
Type
Multi-family
Ownership Type
Freehold
Land Size
0.437 ac|under 1/2 acre
Parking Space Total
12
Building
Storeys
2
Square Footage
10000 sqft
Bathrooms Total
12
Bedrooms Total
15
Amenities
Public Transit
Fireplace Present
No
Basement Type
None
Building Heating Type
Baseboard heaters
Heating Fuel
Electric
Building Cooling Type
None
Utilities
Water
Municipal water
Utility Sewer
Municipal sewage system
Monthly Payment Calculator
$
%
3.49%
5.5%
6%
7%
Years
15 Years
20 Years
25 Years
30 Years
Your Monthly Payment
$3,625
Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca

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Listing provided by: RE/MAX Hallmark Peggy Hill Group Realty Brokerage

$2,075,000 - 3071 MOSLEY Street, Wasaga Beach Ontario L9Z 1W7, Canada | Real Estate For Sale | HomeAds.ca

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Updated May 9th 2025 8:08 am

Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca
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