5 River Road

Wasaga Beach, ON

0.17 sqft • Commercial Retail • 220 days on market

$1,200,000

Calling all developers, builders, and those looking for a lucrative business or a prime development opportunity! This prime property, located in the heart of Wasaga Beach, offers direct access to sandy shores located at beach 1 and is zoned DC1, permitting mixed-use or residential development. The property allows for a minimum 3-storey build with a maximum height of 6 storeys, providing significant potential for residential, retail, or commercial projects. The existing 4 cottages and 2 bunkies are being sold as is, with no warranties or representations from the seller or their agent. Wasaga Beach is currently undergoing a major revitalization initiative, spearheaded by the Town of Wasaga Beach in partnership with federal and provincial governments. This includes upgrades to the waterfront, parks, trails, and enhanced pedestrian and cyclist infrastructure, all aimed at improving the overall visitor experience. This property presents a unique opportunity to invest in a rapidly developing and high-demand location. Don't miss this incredible opportunity in a rapidly developing area!

Listing Details

Taxes (2025): $3,788
Listed: January 13, 2026

Price History

Listing history

Property

Lot Size: 59.09 x 119.99 Feet

Location & Legal

Cross Street: River Rd E/Main St
Zoning: DC1 (DOWNTOWN CORE 1)
Parcel Number: 583280058
Possession: Flexible

Commercial

Occupancy: Tenant

Included

Rental Items: HWT (if rented).

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: 587
Median days on market: 39
Sale-to-list price: 96.0%

Based on 587 recorded sales of commercial properties in Wasaga Beach over the last 12 months.

Listed by

SAM MCDADI REAL ESTATE INC.