1 Riverdale Drive, Wasaga Beach | Image 1

1 Riverdale Drive

Wasaga Beach, Wasaga Beach

  • 0 bed 0 bath
$730,000 est.*: $2,473/mo
For Sale

Added 5 months ago

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  • Type: Vacant Land

  • Lot Size: 176.19 x 115.57 Feet

  • Age: No Data

  • Taxes: $2,873 per year

  • Days on Site: 149 Days

  • Added: Jun 25, 2024 (5 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: S10436465

  • Listed By: Re/max by the bay brokerage (unit b)

Its June 2024 and the Canadian population has increased by 1 million over the last twelve months to 42 million. There is chronic housing shortage in Canada and specifically in Ontario. Are you a developer looking for your next project or an ambitious individual looking to build their own home and have 2 lots to sell with or without a home. The 12 month average sale price of a residential vacant lot in Wasaga Breach is approximately $350,000. With 3 serviced lots for under $900,000 the maths is easy. Vacant residential lots are becoming very, very rare in Wasaga Beach. To find a triple lot already severed in to 3 is unheard of. However here is that unheard of opportunity. Ideally located less than 5 minutes drive to Stonebridge Town Centre with its stores and restaurants including Walmart, Boston Pizza and of course Tims. The beach s 2 to 3 minutes drive away. Each lot measure 52' x 115' so ample room for 3 custom homes. The highest and best use for an investor may be with multiple unit residences. Alongside the housing shortage there is the same chronic shortage of affordable rental properties . Duplexes or triplexes can help fill that void. Wasaga Beach is growing with the Casino plus Twin Pad + Library facility already open and a planned population of 30,000 in 6 years time. The Town of Wasaga Beach has unveiled plans with exciting new partners and next steps for redevelopment of Town's iconic beachfront Proposed projects include a 150-room boutique-style hotel, commercial shops and residences balanced with creative, fun, family-friendly public spaces. The Mayor stated that the "Council is thrilled to welcome FRAM Building Group and an exciting new partner, the Sunray Group of Hotels, to Wasaga Beach," Whether you are that developer or ambitious individual it is highly unlikely that such an opportunity of 3 serviced will present itself again in Wasaga Beach.

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Property

  • Status: Sale

  • Property Type: Vacant Land

  • Area: Wasaga Beach

  • Community: Wasaga Beach

  • Availability Date: Immediate

  • Assessment Amount: $280,000

  • Assessment Year: 2024

Inside

  • Fireplace: No

Utilities

  • Electricity: Available

  • Gas: Available

Building

  • Elevator: N

  • Water Supply: Municipal

  • Special Designation: Unknown

Fees

  • Tax Year: 2023

  • Tax Legal Description: Plan M440 Pt Blk 61 Rp 51R21861

  • Taxes: $2,873

Land

  • Cross Street: River Road West To R

  • Municipality District: Wasaga Beach

  • Parcel Number: 589600030

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 115.57 Feet

  • Lot Frontage: 176.19 Feet

  • Acres: < .50

  • Zoning: R1 D

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Car-Dependent

  • Almost all errands require a car.
14 /100

Somewhat Bikeable

  • Most errands require a car.
41 /100
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Map of 1 Riverdale Drive, Wasaga Beach
JK-8

New Lowell Central Public School

Elementary: Public
16.19 km
JK-8

Byng Public School

Elementary: Public
9.21 km
JK-8

Clearview Meadows Elementary School

Elementary: Public
8.55 km
JK-8

St Noel Chabanel Catholic Elementary School

Elementary: Catholic
5.19 km
JK-8

Worsley Elementary School

Elementary: Public
2.32 km
JK-8

Birchview Dunes Elementary School

Elementary: Public
2.48 km
9-12

Collingwood Campus

Secondary: Public
13.36 km
9-12

Stayner Collegiate Institute

Secondary: Public
8.58 km
9-12

Elmvale District High School

Secondary: Public
17.06 km
9-12

Jean Vanier Catholic High School

Secondary: Catholic
13.02 km
9-12

Nottawasaga Pines Secondary School

Secondary: Public
23.77 km
9-12

Collingwood Collegiate Institute

Secondary: Public
13.65 km

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