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:61015)
MLS® Number | 40694075 |
Property Type | Other |
Community Features | High Traffic Area |
Parking Space Total | 10 |
Basement Type | None |
Stories Total | 3 |
Size Exterior | 11464.0000 |
Size Interior | 11,464 Ft2 |
Utility Water | Municipal Water |
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
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