$895,000
Wasaga Beach
32 River Road East, Wasaga Beach, Ontario, L9Z2L1
This 3-bedroom, 2-bathroom home in Wasaga Beach is for sale.
Rare riverfront opportunity in the heart of Wasaga Beach's highly sought-after DC2 (Downtown Core Exception) zoning district. This well-maintained 3+1 bedroom, 2 bathroom home is positioned directly beside the Main Street Bridge and offers exceptional redevelopment, investment, residential, and tourism-related potential in one of the fastest evolving areas of town.Enjoy a front-row seat to the transformation of Beach Area 1, with millions of dollars in public and private investment reshaping Wasaga Beach's waterfront and downtown core. From this prime location, you can walk to the beach, restaurants, shops, entertainment, festivals, and the growing collection of attractions that continue to drive tourism and year-round activity in the area.Inside, the home offers three bedrooms on the main level, an additional bedroom in the finished lower level, another full bathroom, and the flexibility to accommodate a variety of living arrangements. Whether you're looking for a year-round residence, cottage getaway, investment property, or future redevelopment opportunity, the possibilities here are extensive.The property's desirable DC2 zoning permits a wide range of potential uses, making it an attractive opportunity for investors, entrepreneurs, developers, or those looking to secure a prime piece of waterfront real estate in a high-growth location. Short-term accommodation opportunities may also be available, subject to municipal licensing and approvals. The combination of river frontage, exceptional visibility, walkability, and flexible zoning creates a rare opportunity that is becoming increasingly difficult to find.Whether you're looking for a personal waterfront retreat, an income-producing property, a future redevelopment project, or a strategic long-term investment, this property offers outstanding potential in one of Ontario's most recognized tourism destinations. Located just steps from the beach and at the centre of Wasaga Beach's exciting downtown revitalization. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 145 days on market, against an average age of 85 days across the listings currently for sale in this city
This 3-bed single family in Wasaga Beach is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $895,000, about 11.8× the local median household income of $76,000.
Carrying it typically needs a household income of about $174,825 (20% down, 25-yr amortization, stress-tested) — roughly 130% above the area median.
Source: Statistics Canada, 2021 Census (FSA L9Z)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.