1 Riverdale Drive, Wasaga Beach, ON

$475,000
MLS#:S12347196
0 beds
0 baths
Residential Freehold
1 Riverdale Drive, Wasaga Beach, ON L9Z 1E9
⚠️

Property no longer active

This property was sold on November 5, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable vacant 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 $475,000 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
  • Premium 176.19 x 109 ft lot size

Description

Excellent Development Opportunity in Wasaga Beach. Unlock the full potential of this rare opportunity in one of Wasaga's most desirable neighbourhoods. This expansive property presents a unique opportunity to sever into three separate lots, making it an ideal investment for builders, developers, or investors looking to capitalize on the area's rapid growth. Situated just minutes from the sandy shores of Georgian Bay and the highly anticipated Beach One revitalization project, this location offers the perfect blend of lifestyle and long-term value. Close Proximity to schools, shopping, restaurants, and essential amenities ensures strong future demand for residential development. Whether you're planning a new build or land bank for future appreciation, this property is positioned for success. Don't miss your chance to invest in this growing community.

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Property Summary

This vacant land located at 1 Riverdale Drive, Wasaga Beach is currently for sale and has been available on SousaSells for 356 days. This property is listed at $475,000 with an estimated mortgage of $1,581* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 1 Riverdale Drive, Wasaga Beach is in the Wasaga Beach neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Wasaga Beach, Wasaga Beach.

Great for Small Household / Couples
What We Love About This Home
  • Desirable Vacant Land architecture in Wasaga Beach, Wasaga Beach
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 5, 2025
Sold price information is available to members only
Listed Date8/15/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size176.19 × 109 Feet
CountySimcoe
Annual Tax$873
Legal DescriptionPT LT 5 CON 16 SUNNIDALE PT 1 51R21861; WASAGA BEACH

Parking & Garage

Heating & Cooling

Features

Property Features

None listed

Interior Features

None listed

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 1 Riverdale Drive, Wasaga Beach, ON

Q.What is the asking price for 1 Riverdale Drive, Wasaga Beach, ON ?

The current listing price for 1 Riverdale Drive, Wasaga Beach, ON in Wasaga Beach, Wasaga Beach is $475,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 0 bedrooms and 0 bathrooms.

Q.What property type and architectural style is 1 Riverdale Drive, Wasaga Beach, ON ?

1 Riverdale Drive, Wasaga Beach, ON is a Vacant Land () featuring a basement.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via .

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Location

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1 Riverdale Drive, Wasaga Beach, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1 Riverdale Drive, Wasaga Beach, ON L9Z 1E9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Wasaga Beach.

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Interest Rate4.00%
Down Payment$142,500 (30.0%)
* Minimum Canadian down payment required for this price is $23,750.
Amortization Period30 Years
Estimated Monthly Payment$1,581Based on a loan of $332,500 over 30 years.
Purchase Price$475,000
Loan Amount$332,500
Provincial Land Transfer Tax:$5,975
Total Estimated Closing Taxes:$5,975

About Purchasing a Home in Wasaga Beach, ON

For a property listed at $475,000 in Wasaga Beach, the legal minimum down payment is $23,750 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 $5,975 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 $5,975.

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Wasaga Beach, Wasaga Beach Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Wasaga Beach, Wasaga Beach.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,008,008

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Wasaga Beach, Wasaga Beach

Elementary Schools

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Secondary Schools

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Wasaga Beach, Wasaga Beach Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.