3071 Mosley St
Wasaga Beach, Wasaga Beach
$2,075,000
Buy with Dwelly and Save $20,750
Home Details
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Listing Description
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 6.75%, 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.
12 Fridges & 12 Stoves.
City: Wasaga Beach
Neighborhood: Wasaga Beach
Property History
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Jan 6, 2025 | 163 | $2,075,000 | N/A | Terminated | S11908936 |
| Oct 11, 2024 | 87 | $2,100,000 | N/A | Terminated | S9392725 |
| Aug 26, 2024 | 46 | $2,498,000 | N/A | Terminated | S9269703 |
| Jun 6, 2024 | 81 | $2,498,000 | N/A | Terminated | S8411402 |
| Apr 5, 2024 | 62 | $2,498,000 | N/A | Terminated | S8208424 |
| Jul 5, 2023 | N/A | $1,198,000 | N/A | Sold | S6323892 |
Rooms
Room dimensions for 3071 Mosley St, Wasaga Beach
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 3071 Mosley St is 11386
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $2075000 |
| Down Payment | $415000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $1660000 |
Monthly Payment
| Mortgage Payment | $10229 |
| Property Taxes | $1156 |
| Maintenance Fees | $0 |
| Monthly Payment | $11386 |
About 3071 Mosley St, Wasaga Beach
Located at 3071 Mosley St , this Wasaga Beach house is available for sale. This property was listed for $2,075,000 on Wed Jun 18 2025. This house's size is 5000 + Sqft. It has 9 bedrooms and 12 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 12 parking spots. 3071 Mosley St, Wasaga Beach is situated in the Wasaga Beach neighbourhood.
MLS#: S12230726 · $2,075,000 · 9 bedroom house in Wasaga Beach, Wasaga Beach