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Last Updated : 51 Days ago
3071 Mosley St, Wasaga Beach, Ontario, Wasaga Beach
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3071 Mosley St, Wasaga Beach MLS Number: S9392725

Wasaga Beach, Simcoe, ON, L9Z 1W7

$2,100,000

Status: For Sale

  • 9+3 Beds
  • 12 Baths
  • Area : 5000+ sqft
  • Property Type: Residential (Multiplex)
  • Property Taxes : $13132.32 (Tax Year:2024)
  • Listing Courtesy : Re/max Hallmark Peggy Hill Group Realty

3071 Mosley St Property 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.

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3071 Mosley St Property Facts

Property Type :Residential
MLS Number :S9392725
Listing Type :Sale
Property Age :51-99 Years
Possession Date :
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Last Updated :28 Oct, 2024 (51 Days ago)
Source :TRREB
Area :Simcoe
Postal Code : L9Z 1W7
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3071 Mosley St Property Price & Tax Insights

Price : $2,100,000
Property Taxes :$13132.32
Tax Year :2024

3071 Mosley St, Wasaga Beach Property Details

Bedrooms :9 + 3
No. of Rooms :39
Air Conditioning :None
Heating :Baseboard
Place of Worship :No
Cross Street :Highway 26/Mosley Street
Bathrooms :12
Fuel :Electric
Approx Square Footage :5000+ sqft

Exterior Information

Exterior Finish :Board/Batten
Parking Space :12
Basement :None
Garage :None

3071 Mosley St, Wasaga Beach - Price History

2024-10

11 Oct, 2024

TREB #S9392725

Listed

$2100000.0

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  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
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  • 6
  • 12
  • 18
  • 24
  • 30+
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3071 Mosley St - Location Map and Landmarks

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$769900.0
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$884900
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FAQs: 3071 Mosley St, Wasaga Beach

  • Q:What is the Area Size of the 3071 Mosley St In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately 5000+ sq. ft and is strategically located in Simcoe. The MLS No of this project is S9392725 and the Project is located in Ontario, Canada
  • Q: Does this Project 3071 Mosley St available for Sale ?

    A: The project 3071 Mosley St is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 3071 Mosley St is Offering?

    A:Square Yards is giving a Cashback of $10,500 if you buy this property from us, however there are several key features offered by the 3071 Mosley St. You get 9+3 Beds with 12 Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Parking Space available in this 3071 Mosley St?

    A: 3071 Mosley St in Simcoe offers a total of 12 parking spaces for residents.
  • Q:How many Beds & Baths available in 3071 Mosley St, Simcoe?

    A: 3071 Mosley St, Simcoe comes with 9+3 Beds for maximum convenience and space. There are 12 baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Simcoe, On?

    A:Simcoe, Ontario is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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