Wasaga Beach · L9Z 1V2
$2,985,000
$373 / sq ft7 months on market
Discover an exceptional investment opportunity in the heart of Wasaga Beach with this remarkable four-acre institutional property that presents unlimited potential for the discerning developer or entrepreneur. This substantial parcel, currently zoned for institutional use, welcomes a diverse range of possibilities including medical facilities, nursing homes, funeral services, or other community-oriented enterprises. The existing schoolhouse structure on the property offers a solid foundation for renovation, allowing investors to reimagine the space according to their unique vision. For those considering alternative directions, the potential for mixed-use commercial development adds another layer of appeal to this already compelling offering. The generous lot size provides ample room for expansion, future development phases, or the creation of inviting outdoor spaces that could enhance any institutional or commercial operation. Abundant parking possibilities ensure that visitors, staff, and clients will find convenient access to your establishment. Location proves paramount with this property, and the surroundings deliver impressive value. Situated within comfortable walking distance of Playtime Casino and the renowned beach areas, foot traffic and visibility come naturally. The anticipated arrival of major retail development in the area signals strong economic growth and increasing demand for services in this thriving community. Nearby amenities include established grocery shopping at Real Canadian Superstore and easy access to Wasaga Beach Provincial Park. At this dramatically reduced price point, the value proposition becomes undeniable for investors seeking to establish a presence in one of Ontario's most beloved beach communities.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 92% of comparable vacant land listings in Wasaga Beach are asking less.
Based on 71 comparable active vacant land listings in Wasaga Beach. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $2,985,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX Four Seasons Realty Limited. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Listing courtesy of RE/MAX PREMIER INC.
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