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River Rd W - River Road & Westbury Road 2.44 Acres of Residential Land Offered at $3,100,000 CAD in Wasaga Beach, ON L9Z 2K8
Investment Highlights
- Located just minutes from Beach Area 1 and Georgian Bay waterfront.
- Concept plan includes 5 stories with 70 residential units and 100 surface parking spaces.
- Strong year-round economy driven by tourism, residential growth, and regional connectivity to Highway 400.
- Zoned Downtown Core, permitting a wide range of mixed-use development options.
- Supported by significant municipal investment and multiple major developments underway.
Executive Summary
In addition, the Site benefits from strong long-term development potential due to its current Downtown Core zoning designation, which permits a wide range of commercial and retail uses. The Property is less than a five minute drive from Beach Area 1, which is currently undergoing a significant revitalization initiative. Backed by provincial funding and a municipally envisioned master plan, several substantial developments are underway in this area, most notably by Sunray Group and Stonebridge Building
Group, together introducing new live-work, commercial, and hotel uses. Wasaga Beach is a well-known tourist destination and vibrant beachside community, offering pristine beaches along Georgian Bay, expansive provincial parklands, and an extensive network of recreational and hiking trails.
Property Facts
| Price | $3,100,000 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 2.44 AC |
| Price | $3,100,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 2.44 AC |
1 Lot Available
Lot
| Price | $3,100,000 CAD | Lot Size | 2.44 AC |
| Price Per AC | $1,270,491.80 CAD |
| Price | $3,100,000 CAD |
| Price Per AC | $1,270,491.80 CAD |
| Lot Size | 2.44 AC |
Description
Site located at River Road W and Westbury Road within Wasaga Beach’s downtown area. Parcel measures approximately 2.44 acres and is zoned Downtown Core, which allows for a variety of mixed-use development options. The surrounding area features commercial and residential uses including major retail centers, restaurants, and institutional amenities. Property provides access to nearby transportation routes such as Highway 26 with regional connections to Collingwood and Barrie. Local area includes Georgian Bay shoreline, municipal parklands, and an established street network with pedestrian access.
Contacts
-
Jason Child -
Ian Hunt -
Torey Ferrelli -
Daniel Satoor -
Allison Conetta -
CBRE, Limited
Presented by
River Rd W - River Road & Westbury Road
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