1 Riverdale Drive Wasaga Beach, Ontario L9Z 1E9
$730,000
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:54532)
Property Details
| MLS® Number | 40611532 |
| Property Type | Vacant Land |
| AmenitiesNearBy | Public Transit, Schools |
| Features | Cul-de-sac |
Building
| BasementType | None |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit, Schools |
| Sewer | Municipal Sewage System |
| SizeDepth | 116 Ft |
| SizeFrontage | 176 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R1 D |
https://www.realtor.ca/real-estate/27093135/1-riverdale-drive-wasaga-beach
Interested?
Contact us for more information
Andrew Kenneth Mckay
Salesperson
Jeff Mcinnis
Broker
Sotheby's International Realty Canada, Brokerage
243 Hurontario St,
Collingwood, ON L9Y 2M1
Rioux Baker Team Contacts
Click name for contact details.
[vc_toggle title="Sherry Rioux*" style="round_outline" color="black" custom_font_container="tag:h3|font_size:18|text_align:left|color:black"]
Direct: 705-443-2793
EMAIL SHERRY[/vc_toggle]
[vc_toggle title="Emma Baker*" style="round_outline" color="black" custom_font_container="tag:h4|text_align:left"] Direct: 705-444-3989
EMAIL EMMA[/vc_toggle]
[vc_toggle title="Jacki Binnie**" style="round_outline" color="black" custom_font_container="tag:h4|text_align:left"]
Direct: 705-441-1071
EMAIL JACKI[/vc_toggle]
[vc_toggle title="Craig Davies**" style="round_outline" color="black" custom_font_container="tag:h4|text_align:left"]
Direct: 289-685-8513
EMAIL CRAIG[/vc_toggle]
[vc_toggle title="Hollie Knight**" style="round_outline" color="black" custom_font_container="tag:h4|text_align:left"]
Direct: 705-994-2842
EMAIL HOLLIE[/vc_toggle]
[vc_toggle title="Almira Haupt***" style="round_outline" color="black" custom_font_container="tag:h4|text_align:left"]
Direct: 705-416-1499 ext. 25
EMAIL ALMIRA[/vc_toggle]
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 04 2024 01:51:25
Muskoka Haliburton Orillia – The Lakelands Association of REALTORS®
RE/MAX By The Bay Brokerage (Unit B)