Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
Loading...Listing Image
1 / 0
Listed 3 months ago

32 River Road E

Wasaga Beach, Wasaga Beach

$895,000

Detached|Bungalow-Raised
2 | 2 | 4
About this home

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.

Extras

No extras listed.

Visit this home

Pick a time that works for you.

No upcoming open houses.

Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
StyleBungalow-Raised
Approx. Age51-99
Size1100-1500 sq. ft.
Property Tax$3,574
Lot Size60.08 ft x 147.19 ft
mls© NumberS13440586
Listed ByRoyal LePage Locations North

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,581
Property tax
$298
Heat allowance
$150
Housing costs
$5,029 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $179,000
25-yr amortization

Income needed

$155,000

gross annual household income

Payment at 4%
$3,766 / mo
Cash down
$179,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

Nearby listings

Comparable sales

  • No similar listings found.