For Sale

5 River Road, Wasaga Beach, Ontario L9Z 2L1

$0

5 River Road, Wasaga Beach, Ontario L9Z 2L1 is For Sale and has a listing price of 1,200,000. The property is located in the Wasaga Beach neighbourhood . It's been on the website for 77 Days.

  • MLS ID: S12267618
  • Office Name SAM MCDADI REAL ESTATE INC.
Property Description

Calling all developers, builders, and those looking for a lucrative business or a prime development opportunity! This prime beachfront property, located in the heart of Wasaga Beach, offers direct access to sandy shores located at beach 1 and is zoned DC1, permitting mixed-use or residential development. The property allows for a minimum 3-storey build with a maximum height of 6 storeys, providing significant potential for residential, retail, or commercial projects. The existing 4 cottages and 2 bunkies are being sold as is, with no warranties or representations from the seller or their agent. Wasaga Beach is currently undergoing a major revitalization initiative, spearheaded by the Town of Wasaga Beach in partnership with federal and provincial governments. This includes upgrades to the waterfront, parks, trails, and enhanced pedestrian and cyclist infrastructure, all aimed at improving the overall visitor experience. This property presents a unique opportunity to invest in a rapidly developing and high-demand location. Don’t miss this incredible opportunity in a rapidly developing area!

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: S12267618
  • Price: $1,200,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 119.99
  • Ref ID: S12267618
  • Dir / Cross St: River Rd E/Main St
  • Status: Active
  • Tax Year: 2024
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
07/07/2025 S12267618 $1,200,000 For Sale - -
06/30/2025 S12253181 $1,188,800 For Sale - -
03/12/2025 S12013779 $1,299,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Wasaga Beach
  • $817,857 Average List Price
    based on 1 year
  • 387 New Listings
    based on 30 days
  • 98 Median Days on Market
    based on 1 year
  • List vs. Selling Price 197.97 % Up
  • Sold (12mo) 521
  • Rented (12mo) 238

  • 1 Month Change +47.6%
  • 3 Month Change +16.6%
  • 6 Month Change +42.8%
Walkscore
Property Type Distribution
  • All Houses
    85.45%
  • Commercial
    8.9%
  • Condo
    4.85%
  • Land for Sale
    0.81%
Additional Details
  • Heat Type Baseboard
  • Garage Type Outside/surface
  • Taxes: $3,664
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flex
  • Listing Entry Date: 07/07/2025 16:15:27
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