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3071 Mosley Street, Wasaga Beach, ON L9Z 1W7

3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
3071 Mosley Street, Wasaga Beach, ON L9Z 1W7

3071 Mosley Street, Wasaga Beach, ON L9Z 1W7

$2,498,000

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3071 Mosley Street, Wasaga Beach, ON L9Z 1W7, Wasaga Beach, ON

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.

Property Highlights

For Sale
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    MLS NO.

    S9269703

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    Type

    Residential Freehold

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    Sub Type

    Multiplex

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    Bedrooms

    12

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    Bathrooms

    12

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    Parking

    12.0

Complete Property Details

Property Type Residential Freehold
Sub Type Multiplex
Transaction Type For Sale
Status Cancelled
Contract Status Unavailable
MLS® Number S9269703
Living Area Range 5000 +
Total Bedrooms 12
Bedrooms Above Grade 9
Bedrooms Below Grade 3
Total Bathrooms 12
Total Kitchens 12
Kitchens Above Grade 9
Kitchens Below Grade 3
Rooms Above Grade 39
Interior Features Other
Fireplace No
Construction Board & Batten
Roof Asphalt Shingle
Lot Width 147.3
Parking Features Available
Parking Total 12.0
Covered Spaces 0.0
Garage Type None
Pool None
Direction Facing South
Cooling None
Heat Source Electric
Heat Type Baseboard
Internet Address Display Yn Yes
Internet Entire Listing Display Yn Yes
Full Address 3071 Mosley Street, Wasaga Beach, ON L9Z 1W7
City Wasaga Beach
Neighbourhood Wasaga Beach
County / Region Simcoe
Province / State ON
Postal Code L9Z 1W7
Cross Street Highway 26/Mosley Street
List Price $2,498,000
Annual Taxes $13,132
Tax Year 2023
Legal Description LT 193 PL 893 NOTTAWASAGA; LT 194 PL 893 NOTTAWASAGA; PT RDAL BTN LT 33 & 34 CON 2 NOTTAWASAGA (AS CLOSED BY RO877242); WASAGA BEACH
Possession Details Flexible
Listing Office RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Board Toronto Regional Real Estate Board
Original Entry 2024-08-26T17:03:55Z
Media Updated 2024-08-26T17:03:55Z
Photos Updated 2024-08-26T17:03:55Z
Last Modified 2024-10-11T14:07:20Z
System Modified 2025-10-11T18:01:10.320943Z
MLS Status Terminated
Architectural Style 2-Storey
Basement None
Ddfyn Yes
Expiration Date 2024-11-26
Foundation Details Poured Concrete
Heat Source Multi Electric
Heat Type Multi Baseboard
Hstapplication No
Occupant Type Tenant
Originating System Id A00001796
Parcel Number 589470032
Parking Spaces 12
Property Features Beach, Lake/Pond, School Bus Route, Public Transit
Public Remarks 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.
Showing Requirements Go Direct, Showing System
Street Name Mosley
Street Number 3071
Street Suffix Street
Vendor Property Info Statement No
Washrooms Type1 12
Washrooms Type1 Pcs 4