47 RIVER Road
Wasaga Beach, Ontario
3,600 sqft • Hospitality
Discover this recently renovated motel property located in the heart of Wasaga Beach, steps from the world’s largest freshwater beach. Featuring 13 rental units—9 in the motel building and 4 standalone cottages—this property offers an exceptional opportunity for steady income or future redevelopment. The site is ideal for investors looking to capitalize on Wasaga Beach’s year-round tourism appeal, further amplified by the new nearby casino. Don’t miss this rare chance to own a commercial property in one of Ontario’s top vacation destinations. HST in addition to price
Price History
Schools
Elementary
- Birchview Dunes Elementary School1.6 km
Public · Simcoe County DSB · 680 students
Grade 3 reading: 59% met the provincial standard · Grade 6 math: 45% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L9Z
- Population
- 24,849
- Private dwellings
- 13,761
- Median age
- 56.4
- Average household size
- 2.3
- Median household income
- $76,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Hospitality in Wasaga Beach · last 12 months
- Median sold price
- $629,750
- Homes sold
- 588
- Median days on market
- 39
- Sale-to-list price
- 96.0%
Based on 588 recorded sales of hospitality properties in Wasaga Beach over the last 12 months.
Location
Mortgage Calculator
$340,000
Estimated Monthly Payment
$8,352
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $8,352/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $425/mo
Estimates only. Consult a financial advisor.
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