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Listed by Tomasz Skublak • Platinum Lion Realty Inc.
$2,199,999
Est. payment /mo
11,464 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 11,464 sqft
Price per Sqft $191
MLS Listing ID 40694075
Abv Grd Liv Area 11,464
Annual Tax Amount $7,500
Property Sub-Type Mixed,Building and Land
Source Hamilton - Burlington
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 property's 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, we're 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 package—don't miss out!
Location
Province ON
County Simcoe County
Area Wasaga Beach
Zoning R1
Direction Located on Mosley Street at 19th Street North
Rooms
Basement None
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 50.0
Lot Depth 225.0
Garage No
Building
Lot Description Ample Parking, High Traffic Area
Faces Located on Mosley Street at 19th Street North
Story 3
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 740470079
Ownership Freehold/None
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