47 River Road
Wasaga Beach, ON
3,600 sqft • Investment • 462 days on market
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 Beachs year-round tourism appeal, further amplified by the new nearby casino. With the adjacent lot also on the market, combining both properties opens the door to a larger development vision in this high- demand area.
Listing Details
- Taxes (2024)
- $8,500
- Originally Listed
- $2,200,000
- Listed
- May 20, 2025
Price History
Listing history
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Property
- Lot Size
- 158.71 x 160.45 Feet
Location & Legal
- Cross Street
- Beck Street
- Zoning
- CT2
- Parcel Number
- 583280062
- Possession
- Flexible
Commercial
- Business Type
- Hotel/Motel/Inn
- Occupancy
- Tenant
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
Commercial in Wasaga Beach · last 12 months
- Median sold price
- $630,000
- Homes sold
- 591
- Median days on market
- 39
- Sale-to-list price
- 96.0%
Based on 591 recorded sales of commercial properties in Wasaga Beach over the last 12 months.
Listed by
Platinum Lion Realty Inc
Location
Commercial figures
- Building area
- 3,600 sq ft
- Price per sq ft
- $534.72
- Annual property tax
- $8,500
- Tax per sq ft
- $2.36
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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