Wasaga Beach is growing. Income generating commercial opportunity with various potential uses. High traffic area 12 months a year on one of the busiest roads in Wasaga Beach . 2 rental incomes: 5 year business lease ( start 1 November 2016), currently $2,309 per month plus utilities (lease allows for yearly increase of approx 5%.); separate residential property, vacant but with market value $1,500 per month plus utilities. .Also included commercial lot next door. Investors can keep as is with the future potential of developing lot at 1444 Mosley Street or live in the home and continue to rent out the commercial property. Vacant lot behind may also be available for developer who wishes to build plaza.
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Listing Courtesy ofRe/Max Of Wasaga Beach Inc., Brokerage