839 Mosley ST new

Wasaga Beach,ON L9Z 2H5

$ 2199999

- Bed

- Bath

11646 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 11,646 sqft

Price per Sqft $188

Subdivision Wasaga Beach

MLS Listing ID S11944269

Annual Tax Amount $7,500

Tax Year 2024

Property Description

Nestled in a stunning riverside location, this beautifully situated 10-plex offers both charm and investment appeal. Each unit enjoys ample parking, while recent upgrades have enhanced the propertys rental potential. With a strong cap rate of 6% and an enticing Vendor Take Back (VTB) option for 1 year, this opportunity offers a remarkable 13.5% cash-on-cash return in the first year with just 15% down. To sweeten the deal, were offering up to 3 months of interest-free VTB to allow the new buyer to secure full tenancy. This is a rare chance to own a prime investment property with incredible upside. Reach out today for the full detailed packagedont miss out!

Location

Province ON

County Simcoe

Community Wasaga Beach

Area Simcoe

Zoning R1

Interior

Cooling No

Exterior

Utilities Available Available

Lot Frontage 50.0

Lot Depth 225.0

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