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S5682535
$2,590,000

169 Mosley St (5th St)

Price: $2,590,000

Status: For Sale 

MLS®#: S5682535

$2,590,000
  • Tax: $6,281/Annual (2021)
  • Maintenance:$12,928
  • Community:Wasaga Beach
  • City:Wasaga Beach
  • Type:Commercial
  • Style:Investment
  • Bath:14
  • Size: 4,986 Sq Ft
  • Basement:Y
  • Age:51-99 Years Old

Features:

  • HeatingGas Forced Air Open
  • Sewer/Water SystemsSan+Storm, Municipal

Listing Contracted With: RE/MAX CROSSTOWN REALTY INC., BROKERAGE

Description

Welcome To Hollywood Cottages In Wasaga Beach, A Great Lifestyle Or Development Opportunity For Someone With A Grand Vision: A Seasonal Cottage Business W/ 95% Occupancy & Enuf Cash Flow (6%-7% C.A.P Rate) To Carry Itself To Site Plan Approval For A Future Development. It's Strategically Located W/ 100Ft Frontage On Nottawasaga River, Directly Across The Street From Beach Area 1 & 2. Only 2 Mins Walk To Downtown. Zoning Is "Beach Mixed Use Hold (B2-H)" Meaning It's Suitable For Triplexes, 4-Plexes, Townhouses Or Condos. There's Boat Access On The River. Across The Street You Have The Longest Freshwater Beach In The World. You Can't Beat The Location! It's Been Getting Rave Reviews On Trip Advisor, Etc. It's Comprised Of 13 Cottages & Main Bldg Where The Owner(S) Can Live. Buy Yourself A Lifestyle. Work 3-6 Months Of The Year & Take The Rest Of The Time Off! Please Visit Our Website For More Details. (N.B The Same Size (Vacant) Lot Next Door Is Also For Sale For $1.15M - Mls# S5745526.)


Highlights

Please Include Schedules 'B' & 'C' Attached When Making An Offer & Allow 48 Hours Irrevocable. Thank You.

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George Zanette

Broker

Re/Max Crosstown Realty Inc., Brokerage

Your Experienced and Trusted

Web4Realty

Real Estate Websites by Web4Realty

https://web4realty.com/

Call George