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$1,890,000

Wasaga Beach ON, L9Z 1W7

MLS® # S12571288

Property Information:

A prime opportunity for investors and developers in the heart of Wasaga Beach. Steps from the shoreline and minutes from the new casino, this 12-unit property combines stable income with strong redevelopment potential. Situated on a 0.437-acre corner lot with 147 feet of frontage, the site is surrounded by properties slated for growth and has been rezoned for medium-density residential use, making it ideal for expansion. Configured as nine one-bedroom and three two-bedroom units, all separately metered with no common areas, the property offers low operating costs. Originally a converted motel, it has been well maintained. Ample on-site parking adds convenience. A vacant CL-zoned corner lot directly beside the property (approximately 143 ft x 103 ft) underscores the area's commercial versatility and future development potential, adding to the long-term value of this location. Whether held as a turnkey income asset or redeveloped to meet rising housing demand, 3071 Mosley Street stands as a rare opportunity in one of Wasaga Beach's most promising corridors. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Type: None
  • Exterior Finish: Wood
  • Floor Space: 5000 - 100000 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 21
  • Bathrooms: 12
  • Features: Irregular lot size
  • Floor Space (approx): 5000 - 100000 Square Feet
  • Irregular: Yes
  • Lot Depth: 153.7 Feet
  • Lot Frontage: 147.3 Feet
  • Lot Size: 147.3 x 153.7 FT ; 153.69 x 147.49 x 107.74 x 147.26
  • Zoning: R4
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 12

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 3071 MOSLEY STREET, Wasaga Beach, Ontario, L9Z 1W7

Demographic Information of 3071 MOSLEY STREET, Wasaga Beach, Ontario, L9Z 1W7

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$97,388.27

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.85 %

High school certificate or equivalent

33.09 %

Apprenticeship trade certificate/diploma

7.72 %

College/non-university certificate

28.0 %

University Degree

12.34 %

Commuter

Travel To Work

By Car

91.81 %

By Public Transit

0.96 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

7.23 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.73 %

Houses

99.27 %

Own Vs. Rent