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For saleMLS® S13068620

47 River Road E, Wasaga Beach, ON L9Z 2L1

Wasaga Beach · L9Z 2L1

$1,699,999

$472 / sq ft

6 months on market

Total area
3,600 sf
Lot
158.71 × 160.45 ft

What's special

  • Outside/surface garage
  • Yes

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About this property

Discover this recently renovated motel property located in the heart of Wasaga Beach, steps from the world's largest freshwater beach. Featuring 13 rental units-9 in the motel building and 4 standalone cottages-this property offers an exceptional opportunity for steady income or future redevelopment. The site is ideal for investors looking to capitalize on Wasaga Beach's year-round tourism appeal, further amplified by the new nearby casino. With the adjacent lot also on the market, combining both properties opens the door to a larger development vision in this high-demand area. Don't miss this rare chance to own a commercial property in one of Ontario's top vacation destinations.

Property details

Property

Property type
investment
Interior size
3,600 sq ft
Lot size
158.71 × 160.45 ft
Zoning
CT2
Possession
flexible

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Outside/Surface

Costs

List price
$1,699,999
Property taxes
$8,500 / year (2026)
Price per sq ft
$472

Listing

MLS® number
S13068620
Status
For sale
Listed
May 1, 2026
Days on market
188
Last updated
May 1, 2026
Listing brokerage
Platinum Lion Realty Inc

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

Mortgage estimate

Down payment20.0% · minimum $340,000
$340,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$7,519.67
Property tax (est.)
$708.33
Estimated monthly
$8,228

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$30,475
Total due on closing
$30,475

An estimate on the asking price of $1,699,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of Platinum Lion Realty Inc. 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.

$1,699,999

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