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$2,199,999
Status: For Sale
Nestled in a stunning riverside location, this beautifully situated 10-plex offers both charm and investment appeal. Each unit enjoys ample parking, while recent upgrades have enhanced the property’s rental potential. With a strong cap rate of 6% and an enticing Vendor Take Back (VTB) option for 1 year, this opportunity offers a remarkable 13.5% cash-on-cash return in the first year with just 15% down. To sweeten the deal, we’re offering up to 3 months of interest-free VTB to allow the new buyer to secure full tenancy. This is a rare chance to own a prime investment property with incredible upside. Reach out today for the full detailed package—don’t miss out!
| Property Type | :Commercial Sale |
|---|---|
| MLS Number | :40694075 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :20 Mar, 2025 (7 Days ago) |
| Source | :Hamilton - Burlington |
| Area | :Simcoe |
|---|---|
| City | :Wasaga Beach |
| Area Major | :Wasaga Beach |
| Area Minor | :WB01 - Wasaga Beach |
| Postal Code | :
L9Z 2H5
|
| Directions | :Located on Mosley Street at 19th Street North |
| Price | : $2,199,999 |
|---|---|
| Property Taxes | :$7500 |
| Tax Year | :2024 |
|---|
| Cross Street | :19th Street |
|---|
| Approx Square Footage | :11464 sqft |
|---|
28 Jan, 2025
TREB #40694075
Listed
$2,199,999
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