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Wasaga Beach, Wasaga Beach
$895,000
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.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $3,574 |
| Lot Size | 60.08 ft x 147.19 ft |
| mls© Number | S13440586 |
| Listed By | Royal 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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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