3071 MOSLEY STREET Wasaga Beach

3071 MOSLEY STREET, Wasaga Beach, Ontario

$2,100,000

  • 12 Beds
  • 12 Baths

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:56241)

  • Listing ID: S9392725
  • Property Type: Multi-family

Schedule a Tour

Schedule Private Tour

Virginia Dawn would happily provide a private viewing if you would like to schedule a tour.

Match your Lifestyle with your Home

Contact Virginia Dawn, who specializes in Wasaga Beach real estate, on how to match your lifestyle with your ideal home.
Get Started Now

Lifestyle Matchmaker

Let Virginia Dawn find a property to match your lifestyle.

Details

  • Amenities Nearby: Beach, Public Transit
  • Community Features: School Bus
  • Features: Irregular lot size
  • Parking Spaces: 12
  • Transaction: For sale
  • Zoning Description: R4

Building

  • Appliances: Refrigerator, Two stoves
  • Bedrooms Main Level: 9
  • Bedrooms Lower Level: 3
  • Exterior Finish: Wood
  • Fireplace Present: False
  • Foundation: Poured Concrete
  • Bathrooms (Total): 12
  • Heating: Baseboard heaters
  • Heating Fuel: Electric
  • Size Interior: 4999.958 - 99999.6672 sqft
  • Stories Total: 2
  • Type: Other
  • Utility Water: Municipal water

Land

  • Amenities: Beach, Public Transit
  • Sewer: Sanitary sewer
  • Size Frontage: 147 ft ,3 in
  • Size Irregular: 147.3 x 107.7 FT ; 0.437 Acres
  • Surface Water: Lake/Pond
MLS®

Listing provided by RE/MAX HALLMARK PEGGY HILL GROUP REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

REALTOR®

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 3071 MOSLEY STREET in Wasaga Beach Ontario. It was last modified on October 11th, 2024. Contact Virginia Dawn to schedule a viewing or to discover other Wasaga Beach real estate for sale.

Request More Information

Want more information or schedule a showing? Request more information with Virginia Dawn, who specializes in Wasaga Beach properties.

Terms of Use Agreement

Terms of Use
This website is operated by Virginia Dawn, a REALTOR® who is a member of The Canadian Real Estate Association (CREA). The content on this property is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Virginia Dawn, and CREA.

Copyright
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

Trademarks
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

Liability and Warranty Disclaimer
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

Amendments
Virginia Dawn may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

Agree Decline