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:4069)
Address
3071 MOSLEY STREET
List Price
$1,890,000
Property Type
Multi-family
Type of Dwelling
Other
Transaction Type
Sale
Area
Ontario
Sub-Area
Wasaga Beach
Bedrooms
21
Bathrooms
12
Floor Area
5000 - 100000 Sq. Ft.
Lot Size
147.3 x 153.7 FT ; 153.69 x 147.49 x 107.74 x 147.26 Sq. Ft.
MLS® Number
S12571288
Listing Brokerage
ROYAL LEPAGE FIRST CONTACT REALTY
Basement Area
None
Postal Code
L9Z1W7
Zoning
R4
Features
Irregular lot size
