32 River Road
Wasaga Beach, ON
- 3 bed
- 2 bath
- approx. 1100-1500 sqft
- Detached
- 91 days on market
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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Listing Details
- Taxes (2025)
- $3,574
- Listed
- June 12, 2026
Price History
Property
- Style
- Bungalow-Raised
- Age
- 51-99
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- Primary Bedroom - Main Floor, Water Heater
- Lot Size
- 60.08 x 147.19 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- River Road East and Main Street
- Zoning
- DC2 (H)
- Parcel Number
- 583280054
- Possession
- 60-89 days
- Occupancy
- Tenant
Included
- Inclusions
- Stove, range hood
- Exclusions
- Refrigerators (2), freezer, dishwasher, microwasher, dryer, TV/mount in primary bedroom, TV/mount in rec room, window coverings (all owned by tenant)
- Rental Items
- None
Waterfront
- Water Body
- Nottawasaga River
- Shoreline
- Mixed
- Docking
- Private
Schools
Elementary
- Birchview Dunes Elementary School1.5 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
Residential Freehold in Wasaga Beach · last 12 months
- Median sold price
- $628,000
- Homes sold
- 579
- Median days on market
- 40
- Sale-to-list price
- 96.1%
Based on 579 recorded sales of residential freehold properties in Wasaga Beach over the last 12 months.
Rooms
4-piece on Main, 3-piece on Lower
Main
- Bathroom8' x 5'10"
- Bedroom11'8" x 7'7"
- Bedroom11'9" x 9'
- Kitchen11'6" x 9'1"
- Living Room15'9" x 18'8"
- Office12'1" x 9'1"
- Primary Bedroom11'9" x 17'8"
Lower
- Bathroom5'10" x 9'6"
- Bedroom15'3" x 10'4"
- Laundry19' x 14'9"
- Recreation14'1" x 33'8"
Listed by
Royal LePage Locations North
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$179,000
Estimated Monthly Payment
$4,397
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,397/mo (20% down, 5.5%)
Taxes: $298/mo · Insurance: $224/mo
Estimates only. Consult a financial advisor.
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