ON > Wasaga Beach > Wasaga Beach
Wasaga Beach, ON L9Z 2P1,670 River RD W
Wasaga Beach, ON L9Z 2P1,670 River RD W
Wasaga Beach, ON L9Z 2P1,670 River RD W
Wasaga Beach, ON L9Z 2P1,670 River RD W
Wasaga Beach, ON L9Z 2P1,670 River RD W
Wasaga Beach, ON L9Z 2P1,670 River RD W
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 4,199,000
Est. payment | /mo

1 SqFt

Save
$ 4,199,000
Est. payment | /mo
Save

1 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $4,199,000

Subdivision Wasaga Beach

MLS Listing ID S12189217

Annual Tax Amount $20,732

Tax Year 2025

Property Sub-Type Investment

Property Description

Property includes 19 motel units (currently long term rentals with regular turnover), a successful restaurant known as Wasaga Pizza, and 2 houses, one 3 bedroom 2 story house and a smaller cottage on a separate 60'x200' lot, all generating good rental income in rapidly growing prime development area of Wasaga Beach. Prime location at a major high traffic corner at the gateway to Wasaga Beach with many new developments in the immediate area. Great opportunity ready for redevelopment in DOWNTOWN GATEWAY DESIGNATION. Very broad Zoning permits many retail uses, mixed use, or residential up to 5.5 stories for 40 + towns/stacked towns. Steps from Walmart, Food Land, Tim Hortons and many more retail, beautiful new Wasaga library and arena office and many exciting and proposed hotel, commercial and multiple residential developments. At the gateway to the quant Stonebridge By The Bay residential development and Centerville development planned community. Close to public water access to Georgian Bay. Property includes 300 Zoo Park Road and 670 River Road West for a total of 1.5 acres with 200' frontage on River Road and 329' frontage on Zoo Park Road. Developers and Investors don't miss this great opportunity located at the Gateway to rapidly growing Wasaga Beach. Restaurant has a/c and gas heat, houses have gas heat, motel units have electric heat - restaurant and 300 Zoo Park pay utilities.

Location

Province ON

County Simcoe

Community Wasaga Beach

Area Simcoe

Zoning DG2-1 (H)

Interior

Cooling Partial

Exterior

Community Features Public Transit, Recreation/Community Centre

Utilities Available Yes

Lot Frontage 200.0

Lot Depth 329.0

Others

Security Features No

Listed by ED LOWE LIMITED
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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670 River RD W

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