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. (id:55598)
- ON
- Wasaga Beach
- L9Z1W7
- 3071 MOSLEY Street
- MLS® 40599900
- Date Listed06/06/2024
- Days on Realty 75 Days
- Bedrooms 15
- Bathrooms 12 baths
- Lot Size -
- Sewer Public Sewer
- Property Type Other
- Year Built 1960
- Water Public
- Square Feet 10,000 sq. ft
- Price Per Sq. Ft $249.8
Interior Features
- Cooling None
- Heating Baseboard Heaters, Electric
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
St. Noel Chabanel Catholic Elementary School
Public • PK - 8
1.15 km
Distance
Public • PK - 8
2.69 km
Distance
Clearview Meadows Elementary School
Public • PK - 8
4.49 km
Distance
Public • PK - 8
5.6 km
Distance
Birchview Dunes Elementary School
Public • PK - 8
7.16 km
Distance
Public • 6 - 12
4.54 km
Distance
Sales & Tax History
Source: Public Records
Street Address | Beds | Baths | Sold Date | List Price |
---|---|---|---|---|
71 61st Street S, Wasaga Beach ON L9Z 2Z3 | 4 | 2 | Jun 26, 2024 | $879,000 |
17 74TH Street S | 3 | 3 | Jul 15, 2024 | $668,900 |
17 74TH ST S | 3 | 3 | Jul 13, 2024 | $668,900 |
561 OXBOW PARK Drive | 3 | 1 | Jul 07, 2024 | $599,000 |
79 49TH Street S | 4 | 3 | Jul 25, 2024 | $1,299,999 |
9 CARDINAL Way | 4 | 2 | Jul 22, 2024 | $759,000 |
16 CRISTIANO Avenue | 2 | 2 | Jul 17, 2024 | $865,000 |
16 CRISTIANO AVE | 2 | 2 | Jul 22, 2024 | $865,000 |
275 SUNNIDALE RD | 4 | 2 | Jul 17, 2024 | $769,900 |
27 SUNNIDALE RD S | 3 | 2 | Aug 18, 2024 | $875,999 |
Points of interest near 3071 MOSLEY Street, Wasaga Beach, ON L9Z1W7
78 m
Distance
93 m
Distance
104 m
Distance
Fish & Chips, Wasaga Beach, ON, Canada
Food Retail
0.56 km
Distance
1.13 km
Distance
Starbucks, Wasaga Beach, ON, Canada
Food • Retail
1.18 km
Distance
St. Louis Bar & Grill, Wasaga Beach, ON, Canada
Food • Retail • Nightlife
1.18 km
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Subway, Wasaga Beach, ON, Canada
Food • Retail
1.19 km
Distance
98 Super Panda, Wasaga Beach, ON, Canada
Food • Retail
1.19 km
Distance
1.19 km
Distance
1.19 km
Distance
1.19 km
Distance
Fish & Chips, Wasaga Beach, ON, Canada
Food Retail
0.56 km
Distance
Starbucks, Wasaga Beach, ON, Canada
Food • Retail
1.18 km
Distance
St. Louis Bar & Grill, Wasaga Beach, ON, Canada
Food • Retail • Nightlife
1.18 km
Distance
Subway, Wasaga Beach, ON, Canada
Food • Retail
1.19 km
Distance
98 Super Panda, Wasaga Beach, ON, Canada
Food • Retail
1.19 km
Distance
1.19 km
Distance
1.19 km
Distance
1.19 km
Distance
1.21 km
Distance
1.22 km
Distance
Beach Area 6, Wasaga Beach, ON, Canada
Natural Recreation
0.72 km
Distance
Beach Area 6, Wasaga Beach, ON, Canada
Natural Recreation
0.72 km
Distance
0.94 km
Distance
St. Louis Bar & Grill, Wasaga Beach, ON, Canada
Food • Retail • Nightlife
1.18 km
Distance
1.22 km
Distance
1.24 km
Distance
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Frequently Asked Questions for 3071 MOSLEY Street
Source: Realty.com
3071 MOSLEY Street, Wasaga Beach, ON L9Z1W7 is a Other, Residential Income property listed for $2,498,000 The property is 10000 sq. ft with 15 bedrooms and 12 bathrooms
Realty.com has 10 photos of 3071 MOSLEY Street.
Our records indicate that 3071 MOSLEY Street was built in 1960.
The full address for this home is 3071 MOSLEY Street, Wasaga Beach, ON L9Z1W7.
3071 MOSLEY Street has been listed on Realty.com since Thu June 06, 2024
The average walkability score in the surrounding area is Walk Score: 16/100, Transit Score: 0/100, Bike Score: 32/100.
Listing provided courtesy of:
Re/Max Hallmark Peggy Hill Group Realty Brokerage
(tel: (705) 739-4455)
Listing agent:
Peggy Hill
(tel: (705) 739-4455)
This content last refreshed on 2024-08-20 00:09:55. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 3071 MOSLEY Street, Wasaga Beach, ON L9Z1W7 : MLS® 40599900