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$ 700,000
Est. payment /mo
Active
1 Riverdale DR Wasaga Beach, ON L9Z 1E9
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Wasaga Beach
MLS Listing ID S12272279
Annual Tax Amount $3,016
Tax Year 2024
Property Sub-Type Vacant Land
Property Description
There is a shortage of houses in Canada, especially in Ontario. Are you a builder looking for your next project or someone wanting to build your own home and have 2 lots to sell. The average price for a singlevacant lot in Wasaga Beach is about $300,000. You can get 3 serviced lots for $700,000, tghe math is very easy. Additionally finding 3 lots already severed is almost impossible in Wasaga Beach. But here is your chance. It is less than a 5-minute drive to Stonebridge Town Centre with its stores and restaurants like Walmart and Boston Pizza. The beach is just 2 to 3 minutes away. Each lot is 52 by 115 feet, giving you enough space for 3 custom homes. You could also build duplexes or triplexes since there's also a shortage of affordable rental homes. Wasaga Beach is growing fast, with a new casino and a twin pad/library open now. Work is underway for 2 new high schools and the development of Beach area 1 including a Marriott hotel. The town plans to grow to 30,000 people by 2030. This is a great time for developers or someone ambitious to invest since opportunities like this are rare in Wasaga Beach.
Location
Province ON
County Simcoe
Community Wasaga Beach
Area Simcoe
Rooms
Kitchen 0
Interior
Interior Features None
Exterior
Waterfront Description None
Lot Frontage 176.19
Lot Depth 115.57
Listed by RE/MAX By The Bay Brokerage