Property Description
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:63357)
Property Details
- Bedrooms
- 21
- Bathrooms
- 12
- Stories
- 2.0
- Status
- Active
Location & Neighborhood
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