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Maria Tompson
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Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

FEATURED PROPERTIES
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$2,075,000
Available - For Sale
Listing ID: S11908936
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.
Price $2,075,000
Taxes: $13,875.49
Occupancy by: Tenant
Address: 3071 Mosley Stre , Wasaga Beach, L9Z 1W7, Simcoe
Acreage: < .50
Directions/Cross Streets: Highway 26/Mosley Street
Rooms: 39
Bedrooms: 9
Bedrooms +: 3
Washrooms: 12
Family Room: F
Basement: None
No. of Pieces Level
Washroom 1:  4
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Property Type: Multiplex
Style: 2-Storey
Exterior: Board & Batten
Garage Type: None
(Parking/)Drive: Available
Drive Parking Spaces: 12
Park #1
Parking Type: Available
Park #2
Parking Type: Available
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 5000 +
Property Features: Beach
Lake/Pond
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: A
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK PEGGY HILL GROUP REALTY

3071 Mosley Stre , Wasaga Beach, L9Z 1W7, Simcoe

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Freehold - Multiplex
Area: Simcoe
Municipality: Wasaga Beach
Neighbourhood: Wasaga Beach
Style: 2-Storey
Lot Size: x 107.74(Feet)
Approximate Age: 51-99
Tax: $13,875.49
Maintenance Fee: $0
Beds: 9+3
Baths: 12
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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