For Sale

425 River Road, Wasaga Beach, Ontario L9Z 2X2

$7,000,000

425 River Road, Wasaga Beach, Ontario L9Z 2X2 is For Sale and has a listing price of 7,000,000. The property is located in the Wasaga Beach neighbourhood . It's been on the website for 108 Days.

  • Investment
    Property Type
  • MLS ID: S12162220
  • Office Name RE/MAX By The Bay Brokerage
Property Description

Unlock Endless Possibilities: 20.8 Acres of Prime Institutional and District Commercial Land in Wasaga Beach, formerly home to the Wasaga Stars Arena from 1973 to 2024. This expansive property features a versatile main building with approximately 31,405 square feet of usable space, including a 19,200 square foot open rink area and a stunning 4,900 square foot second level banquet hall perfect for events, community gatherings, or potential redevelopment. The main level of the arena boasts essential amenities such as 6 change rooms, 6 bathrooms, a concession stand with a kitchen, spectator seating, office, elevator, utility room, and additional storage at the back of the building. Upstairs, discover an open event space that offers elevated views over the rink, a kitchen area, 3 more bathrooms, and office facilities. Enhancing the property’s appeal further are 10 outbuildings, totaling 7,673 square feet, which include 8 cabins, a washroom building, and a recreation hall, these structures are a mix of seasonal and year-round use. Engage in recreational activities with on-site pickleball courts and explore the beautiful forested areas with scenic hiking trails. Within the forest is approximately 2 acres of District Commercial land with its own 50ft frontage on River Road West. It total the property offers an impressive 805 feet of frontage on River Road West with high visibility and traffic, making it an ideal location for your business ventures. The location is directly across from a proposed subdivision and a newly proposed K-12 Simcoe Muskoka Catholic District School, and within walking distance to a newly built $60 million twin pad arena and library. It is an area poised for growth and community engagement. Don’t miss out on this rare opportunity to transform this exceptional property into a thriving hub of activity in the heart of Wasaga Beach!

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: S12162220
  • Price: $7,000,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: N/A
  • Ref ID: S12162220
  • Dir / Cross St: River Road W. & Zoo Park Road
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
Price History
List Date MLS ID List Price Status End Date Closed Price
05/21/2025 S12162220 $7,000,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Wasaga Beach
  • $817,963 Average List Price
    based on 1 year
  • 339 New Listings
    based on 30 days
  • 98 Median Days on Market
    based on 1 year
  • List vs. Selling Price 198.07 % Up
  • Sold (12mo) 517
  • Rented (12mo) 233

  • 1 Month Change -26.4%
  • 3 Month Change -41.8%
  • 6 Month Change -28.8%
Walkscore
  • 12 Walk Score
    Car-Dependent
  • 40 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    85.47%
  • Commercial
    8.87%
  • Condo
    4.84%
  • Land for Sale
    0.82%
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Y
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 21/05/2025 15:40:16
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