3071 Mosley Street, Wasaga Beach | Image 1

3071 Mosley Street

Wasaga Beach, Wasaga Beach

  • 9 bed 12 bath 5000 sqft
$2,498,000 est.*: $8,462/mo
For Sale

Added 3 weeks ago

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  • Type: Multiplex

  • Style: 2-Storey

  • Size: 5000 sqft

  • Lot Size: 147.3 x 107.74 Feet

  • Age: 51-99 years

  • Taxes: $13,132 per year

  • Days on Site: 4 Days

  • Added: Apr 05, 2024 (3 weeks ago)

  • Updated:

  • Last Checked: 1 hour ago

  • MLS®#: S8208424

  • Listed By: Re/max hallmark peggy hill group realty

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 5.75%, 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.

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2-Storey

  • Size (sq ft): 5000

  • Age: 51-99

  • Area: Wasaga Beach

  • Community: Wasaga Beach

  • Availability Date: Flexible

Inside

  • Bedrooms: 9

  • Bedrooms Plus: 3

  • Bathrooms: 12

  • Kitchens: 9

  • Kitchens Plus: 3

  • Rooms: 39

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 12

Utilities

  • Cable: Available

  • Telephone: Available

Building

  • Basement: None

  • Heat Type: Baseboard

  • Heat Source: Electric

  • Exterior: Board/Batten

  • Water Supply: Municipal

  • Special Designation: Unknown

Parking

  • Driveway: Available

  • Garage Type: None

  • Covered Parking Spaces: 12

  • Total Parking Spaces: 12

Fees

  • Tax Year: 2023

  • Tax Legal Description: LT 193 PL 893 NOTTAWASAGA; LT 194 PL 893 NOTTAWASAGA; PT RDAL BT

  • Taxes: $13,132

Highlights

  • Feature: Beach

  • Feature: Lake/Pond

  • Feature: Public Transit

  • Feature: School Bus Route

Land

  • Cross Street: Highway 26/Mosley St

  • Municipality District: Wasaga Beach

  • Fronting On: South

  • Parcel Number: 589470032

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 107.74 Feet

  • Lot Frontage: 147.3 Feet

  • Lot Irregularities: 0.437 Acres

  • Zoning: R4

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Car-Dependent

  • Most errands require a car.
26 /100

Somewhat Bikeable

  • Most errands require a car.
37 /100
Join or Sign in • See photos & sold data
 ResidentialProperty 87 Mccague Street
Sold Jul 16, 2019
$X,XXX,XXX
  • — bath
  • — bed
  • — sqft

87 Mccague Street, Wasaga Beach, Ontario • L9Z 2E1

Map of 3071 Mosley Street, Wasaga Beach
JK-8

Byng Public School

Elementary: Public
5.80 km
JK-8

Clearview Meadows Elementary School

Elementary: Public
4.89 km
JK-8

Nottawa Elementary School

Elementary: Public
8.60 km
JK-8

St Noel Chabanel Catholic Elementary School

Elementary: Catholic
0.94 km
JK-8

Worsley Elementary School

Elementary: Public
2.35 km
JK-8

Birchview Dunes Elementary School

Elementary: Public
7.00 km
9-12

Collingwood Campus

Secondary: Public
10.11 km
9-12

Stayner Collegiate Institute

Secondary: Public
4.85 km
9-12

Elmvale District High School

Secondary: Public
21.67 km
9-12

Jean Vanier Catholic High School

Secondary: Catholic
9.46 km
9-12

Nottawasaga Pines Secondary School

Secondary: Public
24.03 km
9-12

Collingwood Collegiate Institute

Secondary: Public
10.00 km

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