$2,075,000
13.17 BTC
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Map
3071 Mosley Street, Wasaga Beach
$2,075,000
PRICE
9 + 3
BEDROOMS
12
BATHROOMS
S12230726
MLSID

3071 Mosley Street, Wasaga Beach

EXCLUSIVE 12-UNIT PROPERTY IN A HIGH-DEMAND AREA WITH EXCITING DEVELOPMENT POTENTIAL! Unlock the full potential of this rare investment property in a sought-after location just steps from the water and minutes from the new casino. This former motel has been transformed into a fully tenanted, legal 12-plex, offering investors a strong cap rate of 6.75% and multiple value-add angles that make it stand out in today's market. Zoned for medium-density residential development and situated on a corner lot with 147.3 feet of frontage, this property is adjacent to vacant land earmarked for redevelopment, offering excellent future expansion potential. The generous 0.437-acre site is perfectly positioned for long-term growth and creative redevelopment in an area with rising demand for housing. Inside, the building is configured with 9 one-bedroom and 3 two-bedroom units, all of which are self-contained and have tenant-paid utilities, resulting in low operating costs and minimal landlord management. No common areas = no additional maintenance headaches. Additional highlights: Detailed P&L statement available for qualified buyers, Environmental Phase 1 report (2019) available on request with no known concerns, Ample on-site parking for all tenants and visitors, Fully occupied with reliable cash flow from day one. This is a golden opportunity for investors looking to scale, develop, or simply hold a solid income-producing asset in a high-growth area. With the casino nearby, rezoning already in place, and development buzz surrounding the neighbourhood, this property offers both immediate income and long-term upside. Opportunities like this are rare; don't miss your chance to capitalize!
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Summary

Address
3071 Mosley Street
Community
MLSID
S12230726
Property Type
Multiplex
Property Category
Bedrooms
9 + 3
Bathrooms
12
Kitchens
9 + 3
Zoning
R4
Taxes (Annual)
$13,875.49
Tax Year
2024
Published
June 18, 2025
Days on Market
46 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

12 Fridges & 12 Stoves.

Exclusions

Tenant's Belongings

Details

Property Features
Beach, Lake/Pond, School Bus Route, Public Transit
Parking Spaces
12
Parking Total
12
Parking Features
Available
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Board & Batten
Lot Width
147 Feet
Lot Depth
108 Feet
Water
Municipal
Heat Source
Electric
Heat Type
Baseboard
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with RE/MAX HALLMARK PEGGY HILL GROUP REALTY
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