(705) 888-0201

For local information and real estate questions
1 RIVERDALE Drive Wasaga Beach

1 RIVERDALE Drive, Wasaga Beach

$899,000

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. (id:45839)
  • Listing ID: 40611532
  • Property Type: Vacant Land
View Additional Photos
Schedule a Showing
Get More Information

Details

  • Amenities Nearby: Public Transit, Schools
  • Features: Cul-de-sac
  • Ownership: Freehold
  • Transaction: For sale
  • Zoning Description: R1 D

Building

  • BasementType: None
  • Fireplace Present: False
  • Utility Water: Municipal water

Land

  • Amenities: Public Transit, Schools
  • Sewer: Municipal sewage system
  • Size Depth: 116 ft
  • Size Frontage: 176 ft

REALTOR® MLS®
Listing provided by RE/MAX By the Bay Brokerage (Unit B)
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

Powered by REALTOR®
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association.

    Request More Information

    Looking for more information or to schedule a showing? Contact Christine Smith today.

    Are you under contract with a real estate agent or REALTOR®?
    YesNo

    You've indicated that you are currently working with a REALTOR®. Please be advised that REBBA 2002 and supporting Rules and Regulations, restricts the amount of information that we are able to provide to you as a client of another Brokerage or REALTOR®. Therefore, any further information must be sought directly from your current REALTOR®.

    This property for sale, located at 1 RIVERDALE Drive in Wasaga Beach, was last modified on August 6th, 2024. Contact Christine Smith today to schedule a viewing or to find other properties for sale in Wasaga Beach.

    Request a Showing

      Your Preferences

      Are you under contract with a real estate agent or REALTOR®?YesNo

      You've indicated that you are currently working with a REALTOR®. Please be advised that REBBA 2002 and supporting Rules and Regulations, restricts the amount of information that we are able to provide to you as a client of another Brokerage or REALTOR®. Therefore, any further information must be sought directly from your current REALTOR®.

      Are you a real estate agent or REALTOR®?YesNo

      You've indicated that you are a REALTOR® looking to schedule an appointment. This is not a Royal LePage Locations North property and I cannot schedule a showing request. Please contact the listing agent.

      When are you available?

      Terms of Use Agreement

      Terms of Use
      This website is operated by Royal LePage Locations North, a brokerage who is a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Royal LePage Locations North, and CREA.

      Copyright
      The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

      Trademarks
      REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

      Liability and Warranty Disclaimer
      The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

      Amendments
      Royal LePage Locations North may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

      AgreeDecline