3071 Mosley Street Wasaga Beach, ON L9Z 1W7
Inscription par: ITSO / Re/Max Hallmark Peggy Hill Group Realty Brokerage

  3071 Mosley Street Wasaga Beach, ON L9Z 1W7

Contingent (105 Jours)
2,075,000 $
15
CAC
12
SDB
10,000
PI. CA.

Description

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.

MLS®:
40687916
Les impôts
$13,875
Surface Terrain
0.44 acres
Catégorie
Multifamily
Année de Construction
1960
Ville
Simcoe County

Listed By

Peggy Hill, Re/Max Hallmark Peggy Hill Group Realty Brokerage
Source
ITSO
Dernière vérification Apr 21 2025 à 8:44 PM EDT
Détails sur les salles de bains
Caractéristiques Intérieures
  • Other
  • Refrigerator
  • Stove
Informations sur le lot
  • Highway Access
  • Public Transit
  • School Bus Route
Caractéristiques de la propriété
  • Foundation: Poured Concrete
Chauffage et refroidissement
  • Baseboard
  • Electric
  • None
Caractéristiques extérieures
  • Toit: Asphalt Shing
Informations sur les services publics
  • Sewer: Sewer (Municipal)
Informations sur les écoles
  • Elementary School: Worsley / Collingwood Ci
  • High School: St Noel Chabanel / Jean Vanier
Stationnement
  • Total: 12
Étages
  • 2
Surface Habitable
  • 10,000 pi. ca.
Alimenté par Walk Score®
Disclaimer: Listing content protected by copyright and licensed by Information Technology Systems Ontario: Data last updated: 4/21/25 13:44