646 River Road, Wasaga Beach, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of Wasaga Beach. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
Description
***FOR SALE UNDER RECEIVERSHIP*** Fully zoned residential development site located 1.4 kms from the world's longest freshwater beach. Proposed site plan consists of 122 townhomes with +/- 183,000 SF of GFA, PLUS a 4 storey, 30-unit apartment building with +/- 22,000 SF of GFA. NO UNDERGROUND PARKING NEEDED. Water, sewer, gas and hydro and located at the lot line. Adjacent to the Property is the new hockey arena with 2 NHL size ice surfaces as well as a new 20,000 sq ft public library, a new high school is scheduled to open in September 2027 and is the first high school built in Wasaga Beach. Doors are expected to open in September 2027. The state of the art school will deliver 1,008 new student spaces, 49 licensed childcare spaces, and shared amenities, including a 300-seat theatre and a track-and-field facility. Walmart Supercentre, restaurants and all daily lifestyle amenities located walking distance to the west of the property.
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Property Summary
This land located at 646 River Road, Wasaga Beach is currently for sale and has been available on SousaSells for 3 days. This property is listed at $1 with an estimated mortgage of $0* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 646 River Road, Wasaga Beach is in the Wasaga Beach neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 646 River Road W, Wasaga Beach, ON L9Z 2P1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Wasaga Beach, ON
For a property listed at $1 in Wasaga Beach, the legal minimum down payment is $0 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $0 for this transaction. As this listing is in Wasaga Beach (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $0.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.