3071 Mosley Street
Wasaga Beach, ON
EXCLUSIVE 12-UNIT PROPERTY IN A HIGH-DEMAND AREA WITH EXCITING DEVELOPMENT POTENTIAL!
Schools
Welcome to 3071 Mosley Street in Wasaga Beach.
Unlock the full potential of this rare investment gem 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 assembly or 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 – 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!
#3071MosleyStreet
Property Features
Property Details
12
Residential
Community Features
Building
12 Fridges & 12 Stoves
2 Storey
None
12
15
15
Apartment Complex
None
Electric
Baseboard Heaters
Asphalt Shingle
Municipal (Sewer)
2
Municipal Water
Land
Year-round access
Easy access
0.437 Acres
R4
Walk Score
Last Updated: 2025-06-25 20:21:33
Not intended to solicit Sellers or Buyers currently under written contract with another REALTOR®. All measurements are approximate deemed to be from reliable sources, however buyer and buyer's agent to do their own due diligence.