Wasaga Beach · L9Z 2K5
$549,000
$784 / sq ft3 months on market
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Just steps from one of the most exciting transformations in Wasaga Beach! Beach Area 1 is undergoing a major multi-million-dollar redevelopment, including a premium hotel with upscale dining, spa, event facilities, and a vibrant Festival Square for year-round entertainment. A new mixed-use community with 150+ residential units and 30+ commercial spaces is also planned-making this location a prime opportunity for investors.This property's zoning is one of its greatest advantages: it allows short-term rentals, plus a wide variety of commercial uses-ideal for a charming bed & breakfast, artisan bakery, medical office, catering kitchen, hospitality venture, restaurant, or even building a second suite. The possibilities are truly endless in this rapidly developing pocket of Wasaga Beach.Inside, this cozy 2-bedroom, 1-bathroom bungalow is warm, inviting, and updated with brand-new flooring, a new toilet, and a smart thermostat. The open-concept living room flows into the bright eat-in kitchen, featuring modern cabinetry, generous storage, and convenient access to the laundry room and backyard.The bedrooms are comfortable and filled with natural light, with a well-designed family bathroom close by. Outside, the fully fenced yard features low-maintenance cobblestone surfacing-perfect for BBQs, campfires, or unwinding under the stars. A detached 23x19 shop with a man door adds incredible versatility for storage, hobbies, or a workshop.Don't miss this chance to own a flexible investment property in one of the most high-potential areas of Wasaga Beach-just a short walk to Beach 1 and the future waterfront redevelopment This property is video monitored.
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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 below most comparable listings — about 18% of comparable detached listings in Wasaga Beach are asking less.
Based on 96 comparable active detached 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 $549,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX By The Bay Brokerage. 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 HALLMARK PEGGY HILL GROUP REALTY
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