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

  3071 Mosley Street Wasaga Beach, ON L9Z 1W7

En attente
2,075,000 $
12
CAC
12
SDB
5000 +
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®:
S11908936
Les impôts
$13,875(2024)
Catégorie
Multifamily
Style
2-Storey
Ville
Simcoe County
Communauté
Wasaga Beach

Listed By

Re/Max Hallmark Peggy Hill Group Realty
Source
TORONTO IDX
Dernière vérification Apr 19 2025 à 3:40 PM EDT
Détails sur les salles de bains
Caractéristiques Intérieures
  • Other
Caractéristiques de la propriété
  • Foundation: Poured Concrete
Chauffage et refroidissement
  • Baseboard
  • None
Informations sur le pool
  • None
Caractéristiques extérieures
  • Board & Batten
  • Toit: Asphalt Shingle
Informations sur les services publics
  • Sewer: Sewer
  • Fuel: Electric
  • Energy: Energy Certificate: No
Garage
  • None
Stationnement
  • Available
Étages
  • 2
Alimenté par Walk Score®
Disclaimer: Copyright 2025 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/19/25 08:40