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3071 Mosley St
3071 Mosley St, Wasaga Beach
FOR SALE - ฿ ( ? ) OR $2,498,000 CAD
CALL416-800-1055
+3
Listing contracted with Re/Max Hallmark Peggy Hill Group Realty
9+3
BEDROOMS
12
BATHROOMS
S8208424
MLS® ID
ADDRESS
Call: 416-800-1055
PROPERTY TYPE2-Storey, Multiplex Property
39 Rooms Total, 9 + 3 Kitchens
12 Parking Spaces
LOT SIZE39 Rooms Total, 9 + 3 Kitchens
12 Parking Spaces
147.30 x 107.74
PROPERTY FEATURESBeach, Lake/Pond, Public Transit, School Bus Route
None Basement
Board/Batten Exterior
None Basement
Board/Batten Exterior
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SALES HISTORY
SOLD COMPARABLES
PROPERTY TAXES
PROPERTY DESCRIPTION05/19/2024
FOR SALE
$2,498,000
Request Sold History
3+1 Beds
10 Baths
Sold Price
$1,215,000
List Price
$1,250,000
Sold Date
06/21/2023
DOM
XX Days
7 Beds
5 Baths
Sold Price
$1,753,000
List Price
$1,799,000
Sold Date
05/27/2023
DOM
XX Days
4 Beds
4 Baths
Sold Price
$855,000
List Price
$885,900
Sold Date
02/26/2024
DOM
XX Days
3 Beds
2 Baths
Sold Price
$475,000
List Price
$499,900
Sold Date
11/20/2023
DOM
XX Days
4 Beds
4 Baths
Sold Price
$882,000
List Price
$849,000
Sold Date
02/17/2024
DOM
XX Days
Request All 247 Sold Comparables
Call 416-800-1055
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.
LEGAL DESCRIPTIONLt 193 Pl 893 Nottawasaga; Lt 194 Pl 893 Nottawasaga; Pt Rdal Btn Lt 33 & 34 Con 2 Nottawasaga (As Closed By Ro877242); Wasaga Beach
Call: 416-800-1055
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220 Duncan Mill Road, Suite 209
Toronto, ON M3B 3J5
Phone: 416-800-1055
info@listing.ca Listing.ca on Twitter
RealEstateBay.ca on Facebook