11464 sqft
$2,199,999
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! (id:50787)
Property Details
MLS® Number
|
40694075 |
Property Type
|
Other |
Community Features
|
High Traffic Area |
Parking Space Total
|
10 |
Building
Basement Type
|
None |
Stories Total
|
3 |
Size Exterior
|
11464.0000 |
Size Interior
|
11464 Sqft |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Sewer
|
Municipal Sewage System |
Size Depth
|
225 Ft |
Size Frontage
|
50 Ft |
Size Total Text
|
Under 1/2 Acre |
Zoning Description
|
R1 |
https://www.realtor.ca/real-estate/27850844/839-mosley-street-wasaga-beach