5 River
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+43 more
$1,200,000

5 River

Wasaga Beach, Ontario, L9Z2L1

Active
0
Sq Ft
0.165
Lot (sqft)

About This Property

This retail in Wasaga Beach offers 0 sq ft of living space on a 0.165 sq ft lot. The home features baseboard heaters heating, none.

MLS Remarks

Calling all developers, builders, and those looking for a lucrative business or a prime development opportunity! This prime beachfront property, located in the heart of Wasaga Beach, offers direct access to sandy shores located at beach 1 and is zoned DC1, permitting mixed-use or residential development. The property allows for a minimum 3-storey build with a maximum height of 6 storeys, providing significant potential for residential, retail, or commercial projects. The existing 4 cottages and 2 bunkies are being sold as is, with no warranties or representations from the seller or their agent. Wasaga Beach is currently undergoing a major revitalization initiative, spearheaded by the Town of Wasaga Beach in partnership with federal and provincial governments. This includes upgrades to the waterfront, parks, trails, and enhanced pedestrian and cyclist infrastructure, all aimed at improving the overall visitor experience. This property presents a unique opportunity to invest in a rapidly developing and high-demand location. Don't miss this incredible opportunity in a rapidly developing area! (id:60351)

Overview

Property Typeresidential
Sub-Typeretail
StatusActive
MLS #S12690710

Interior

HeatingBaseboard heaters
CoolingNone

Fees & Taxes

Annual Taxes$3,788

Listing Information

MLS#: S12690710


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$240,000
5%20%50%
Estimated Monthly Payment
$5,336
/month
Mortgage
$960,000
Total Interest
$640,798

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$20,475
Total Due on Closing$20,475

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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