3071 MOSLEY Street Wasaga Beach

3071 MOSLEY Street, Wasaga Beach

$2,075,000

  • 15
  • 12
10,000 Square Feet
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 teardown and 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 – 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! (id:46993)
  • Listing ID: 40742943
  • Property Type: Multi-family
  • Year Built: 1960
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Details

  • Amenities Nearby: Public Transit
  • Community Features: School Bus
  • Ownership: Freehold
  • Parking Spaces: 12
  • Transaction: For sale
  • Zoning Description: R4

Building

  • BasementType: None
  • Constructed Date: 1960
  • Cooling: None
  • Fireplace Present: False
  • Foundation: Poured Concrete
  • Bathrooms (Total): 12
  • Heating: Baseboard heaters
  • Heating Fuel: Electric
  • Size Interior: 10000 sqft
  • Stories Total: 2
  • Utility Water: Municipal water

Land

  • Access Type: Road access, Highway access
  • Amenities: Public Transit
  • Sewer: Municipal sewage system
  • Size Depth: 108 ft
  • Size Frontage: 147 ft
  • Size Irregular: 0.437
  • Size Total: 0.437 ac|under 1/2 acre

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    This property for sale is located at 3071 MOSLEY Street in Wasaga Beach. It was last modified on June 19th, 2025. Contact the Collingwood Real Estate Group to schedule a viewing or to discover other Wasaga Beach properties for sale.

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