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Home ON Wasaga Beach
3071 MOSLEY Street
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3071 MOSLEY Street $2,075,000
$2,075,000
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3071 MOSLEY Street
Wasaga Beach, Ontario L9Z1W7

MLS® Number: 40742943
15
Bedrooms
12
Bathrooms
10000
Square Feet

Listing Description

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! (69232128)

Location Description

Highway 26/Mosley Street

Property Summary

Property Type
Multi-family
Storeys
2
Square Footage
10000 sqft
Subdivision Name
WB01 - Wasaga Beach
Title
Freehold
Land Size
0.437 ac|under 1/2 acre
Built in
1960
Annual Property Taxes
$13,875.49
Total Parking Spaces
12
Time on REALTOR.ca
9 days

Building

Bathrooms
Total
12
Interior Features
Basement Type
None
Building Features
Foundation Type
Poured Concrete
Total Units
12
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters, (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Public Transit
Parking
Total Parking Spaces
12

Measurements

Square Footage
10000 sqft
Above Grade Finished
10000 sqft
Source: Other

Land

Lot Features
Frontage
147 ft
Land Depth
108 ft
Other Property Information
Access
Road access, Highway access
Zoning Description
R4
Data provided by: Barrie & District Association of REALTORS® Inc. 676 Veterans Drive, Barrie, Ontario L9J 0H6

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