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839 Mosley Street

839 Mosley Street

Wasaga Beach, ON

11,646 sqft • Investment • 573 days on market

$1,925,000Price reduced 12%

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!

Listing Details

Taxes (2024)
$7,500
Originally Listed
$2,199,999
Listed
January 27, 2025

Price History

Listing history

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Property

Lot Size
50 x 225 Feet

Location & Legal

Cross Street
Located at Mosley St at 19th St N
Zoning
R1
Parcel Number
740470079

Commercial

Business Type
Apts - 6 To 12 Units
Occupancy
Vacant

Community

Postal area L9Z

Population
24,849
Private dwellings
13,761
Median age
56.4
Average household size
2.3
Median household income
$76,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Wasaga Beach · last 12 months

Median sold price
$630,000
Homes sold
586
Median days on market
39
Sale-to-list price
96.0%

Based on 586 recorded sales of commercial properties in Wasaga Beach over the last 12 months.

Listed by

Platinum Lion Realty Inc

Walk Score

35

Walk

51

Bike

Scores by Walk Score®

Location

Commercial figures

Building area
11,646 sq ft
Price per sq ft
$165.29
Annual property tax
$7,500
Tax per sq ft
$0.64

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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Reita said:

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