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Home ON Wasaga Beach
5 RIVER ROAD E
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5 RIVER ROAD E $1,299,900
$1,299,900
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5 RIVER ROAD E
Wasaga Beach, Ontario L9Z2L1

MLS® Number: S12013779

Listing 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! (40025239)

Location Description

River Rd E/Main St

Property Summary

Property Type
Retail
Community Name
Wasaga Beach
Land Size
59.09 x 119.99 FT
Annual Property Taxes
$3,664
Time on REALTOR.ca
21 days

Building

Building Features
Features
Conservation/green belt
Heating & Cooling
Heating Type
Baseboard heaters
Utilities
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Recreation

Land

Lot Features
Frontage
59 ft ,1 in
Land Depth
119 ft ,11 in
Other Property Information
Zoning Description
DC1 (DOWNTOWN CORE 1)
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
SAM ALLAN MCDADI