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Wasaga Beach, Wasaga Beach
$1,625,000
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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| Type | Detached |
| Style | Bungaloft |
| Approx. Age | 51-99 |
| Size | 2500-3000 sq. ft. |
| Property Tax | $2,801 |
| Lot Size | 144 ft x 187.34 ft |
| mls© Number | S13848018 |
| Listed By | FARIS 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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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