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Listed 18 days ago

8801 Beachwood Road N/A

Wasaga Beach, Wasaga Beach

$1,625,000

Detached|Bungaloft
2 | 1 | 24
About this home

Top 5 Reasons You Will Love This Property: 1) Discover a rare investment and development opportunity in the rapidly growing west end of Wasaga Beach, with this Residential/CS-1 zoned property offering a wide range of permitted commercial and retail uses alongside exciting potential for future residential development 2) Set on almost three-quarters of an acre with approximately 26,180 square feet, the property offers an impressive amount of space and flexibility for investors, entrepreneurs, and business owners looking to establish a presence within one of Wasaga Beach's evolving growth areas 3) Take advantage of extensive commercial possibilities under the current zoning, with permitted uses including business, financial, professional and medical offices, personal services, service shops, retail, restaurants, entertainment establishments, automotive-related uses, and more, providing numerous avenues to explore 4) Look ahead to even greater possibilities as the town advances proposed zoning additions that could introduce significant residential opportunities, including street, stacked, and back-to-back stacked townhomes with potential ground-floor retail, while the municipally approved West End Secondary Plan and anticipated zoning updates further support the area's continued evolution 5) Benefit from a strategic location near Costco and Playtime Casino with excellent exposure along a key corridor connecting Wasaga Beach, Collingwood, and Stayner, positioning the property within a growing area surrounded by approved residential developments and continued investment. 1,429 fin.sq.ft.

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BrokerHub Inc.
(647) 254-1864
TypeDetached
StyleBungaloft
Approx. Age51-99
Size2500-3000 sq. ft.
Property Tax$2,801
Lot Size144 ft x 187.34 ft
mls© NumberS13848018
Listed ByFARIS TEAM REAL ESTATE BROKERAGE

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,317
Property tax
$233
Heat allowance
$150
Housing costs
$8,701 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $325,000
25-yr amortization

Income needed

$268,000

gross annual household income

Payment at 4%
$6,838 / mo
Cash down
$325,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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