5 River Road East, Wasaga Beach | Image 1

5 River Road East

Wasaga Beach, Wasaga Beach

  • Commercial

$1,299,900
For Sale

Added 3 weeks ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Zoning: DC1 (DOWNTOWN CO

  • Age: No Data

  • Taxes: 3664

  • MLS®#: S12013779

  • Days on Site: 1 Days

  • Added: Mar 11, 2025 (3 weeks ago)

  • Updated:

  • Last Checked: 2 weeks ago

  • Listed By: SAM MCDADI REAL ESTATE INC.

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

  • Status: Sale

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Area: Wasaga Beach

  • Community: Wasaga Beach

  • Availability Date: Flex

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Heat Type: Baseboard

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 47 S/S RIVER AV PL 547 SUNNIDALE; WASAGA BEACH

  • Taxes: $3,664

  • Taxes Type: Annual

Land

  • Cross Street: River Rd E/Main St

  • Municipality District: Wasaga Beach

  • Parcel Number: 583280058

  • Lot Depth: 119.99 Feet

  • Lot Frontage: 59.09 Feet

  • Zoning: DC1 (DOWNTOWN CO

Commercial Specific

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 0.17

  • Total Area Metric: Acres

  • Area Influence: Grnbelt/Conserv

  • Area Influence: Rec Centre

  • Franchise: N

  • Lot Code: Lot

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