3071 Mosley Street, Wasaga Beach, Ontario L9Z1W7

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, this12-unit property combines stable income with strong redevelopment potential. Situated on a 0.437-acre corner lot with 147 feet of frontage, thesite 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 operatingcosts. Originally a converted motel, it has been well maintained. Ample on-site parking adds convenience. A vacant CL-zoned corner lot directlybeside the property (approximately 143 ft x 103 ft) underscores the area's commercial versatility and future development potential, adding to thelong-term value of this location. Whether held as a turnkey income asset or redeveloped to meet rising housing demand, 3071 Mosley Streetstands as a rare opportunity in one of Wasaga Beach's most promising corridors. (id:5764)