3071 Mosley Street, Wasaga Beach, ON, L9Z 1W7

Condo For Sale In Wasaga Beach, Ontario

$2,100,000 QuickQuote^TM: Not Available

15 Beds

0 Baths

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3071 Mosley Street, Wasaga Beach, ON - Outdoor With View

3071 Mosley Street, Wasaga Beach, ON - Outdoor

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3071 Mosley Street, Wasaga Beach, ON, L9Z 1W7

$2,100,000

15 Beds

0 Baths

Property Information:

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.

Inclusions: Other,12 Fridges & 12 Stoves

Exclusions : Tenant's Belongings

Building Features:

Floor Space: 10000 Square Feet

Property Features:

Bedrooms: 15
Acres Range: < 0.5
Basement: None
Built in: 1960
Construction Materials: Board & Batten Siding
Cooling: None
Driveway Parking: Outside/Surface/Open
Floor Space (approx): 10000 Square Feet
Heating: Baseboard, Electric
Interior Features: Other
Laundry Features: None
Lot Depth: 107.74 Feet
Lot Features: Highway Access, Public Transit, School Bus Route
Lot Frontage: 147.30 Feet
Road Frontage Type: Municipal Road, Year Round Road
Road Surface Type: Paved
Roof: Asphalt Shing
Water Source: Municipal
Waterfront Features: Lake/Pond
Zoning: R4
Sewer: Sewer (Municipal)
No. of Parking Spaces: 12

Courtesy of: Re/Max Hallmark Peggy Hill Group Realty Brokerage

Data provided by: Barrie & District Association of REALTORS® 676 Veterans Dr., Barrie, Ontario L9J 0H6
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Access to Sold Data on this website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of residential real estate.

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Location of 3071 Mosley Street, Wasaga Beach, ON, L9Z 1W7

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

44/100

Moderate

ClimateCheck®

Current data

This property, 3071 Mosley Street , experiences 7 hot days per year at around 30.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past

30.8℃

2050

34.3℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

60/100

Moderate-High

ClimateCheck®

Current data

This property, 3071 Mosley Street , experiences 11 significant 2-day storms per year, with about 299.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 376.6mm of precipitation per year.

Precipitation Per Storm

Past

299.7mm

2050

376.6mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 3071 Mosley Street, Wasaga Beach, ON, L9Z 1W7

Life Stage

Older Parents, Younger Kids

Employment Type

Mixed

Average Household Income

$97,388.27

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.85 %

High school certificate or equivalent

33.09 %

Apprenticeship trade certificate/diploma

7.72 %

College/non-university certificate

28.0 %

University Degree

12.34 %

Commuter

Travel To Work

By Car

91.81 %

By Public Transit

0.96 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

7.23 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

0.73 %

Houses

99.27 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Sales/Price History

Market Price Trends

Location of 3071 Mosley Street, Wasaga Beach, ON, L9Z 1W7

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 3071 Mosley Street, Wasaga Beach, ON, L9Z 1W7

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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