For Sale

5 RIVER Road, Wasaga Beach, Ontario L9Z2L1

$1,400,000

5 RIVER Road, Wasaga Beach, Ontario L9Z2L1 is For Sale and has a listing price of 1,400,000. The property is located in the Wasaga Beach neighbourhood. It's been on the website for 247 Days.

  • Office
    Property Type
  • MLS ID: 40573510
  • Office Name EXP Realty Brokerage,EXP Realty Brokerage
Property Description

BEACH 1 – Price adjustment alert! Attention developers, builders, and those interested in seasonal businesses or prime location development opportunities! This property boasts sandy shores and is zoned DC1, allowing for mixed or residential use. With a minimum requirement of a 3-storey build and a maximum height of 6 storeys, the potential is immense for residential, retail, or commercial development. Take advantage of this incredible location! The existing 4 cottages and 2 bunkies on the property are being sold as is, with no representation or warranties from the seller or seller’s agent. Location is key! The redevelopment of Wasaga Beach is an ongoing initiative aimed at enhancing the town’s infrastructure and amenities. Led by the Town of Wasaga Beach in collaboration with federal and provincial governments, the project includes revitalizing the waterfront, upgrading parks and trails, improving pedestrian and cyclist infrastructure, and elevating the overall visitor experience. (id:43137)

Property Details
  • MLS ID: 40573510
  • Price: $1,400,000
  • Transaction Types: For Sale
  • Ref ID: 26764624
  • Year Built: N/A
  • Property Type: Office
  • Property Type: Commercial
  • Property Sub Category: Office
Price History
List Date MLS ID List Price Status End Date Closed Price
04/17/2024 40573510 $1,400,000 For Sale - -
04/16/2024 S8243916 $1,400,000 For Sale - -
05/25/2023 S6052352 $1,800,000 - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Wasaga Beach
  • $804,667 Average List Price
    based on 1 year
  • 67 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 167.27 % Up
  • Sold (12mo) 338
  • Rented (12mo) 160

  • 1 Month Change -5.8%
  • 3 Month Change +8.0%
  • 6 Month Change -7.5%
Walkscore
  • 56 Walk Score
    Somewhat Walkable
  • 57 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    86.05%
  • Commercial
    8.13%
  • Condo
    4.34%
  • Land for Sale
    1.48%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 None
  • Water Municipal Water
  • Property Features Visual Exposure
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 17/04/2024 00:00:00
  • Zoning R6(a)
  • Agent Name: Kimberley Diamond,Chassity Cook
  • Address Subdivision: WB01 - Wasaga Beach
  • Last Updated: 18/06/2024 19:12:11
Open House Dates
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