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1 Riverdale Dr
Wasaga Beach | Wasaga Beach | L9Z 1E9- 0
- 0
- 0
Ask: $899,000 $730,000
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Days on market
145
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Status
Pc
Home details
- MLS #:
S9008136
- Property type:
- Vacant Land
- Style:
- Taxes:
- $2,873
- Possession:
- Immediate
- Lot Front:
- 176.19 Feet
- Lot Depth:
- 115.57 Feet
- Basement:
- |
- Driveway Pkg:
- 0
- Heat:
- |
Description
1 Riverdale Dr, , Wasaga Beach, Ontario is a Vacant Land property in Wasaga Beach and in the Wasaga Beach community in the L9Z 1E9 postal code
Its June 2024 and the Canadian population has increased by 1 million over the last twelve months to 42 million. There is chronic housing shortage in Canada and specifically in Ontario. Are you a developer looking for your next project or an ambitious individual looking to build their own home and have 2 lots to sell with or without a home. The 12 month average sale price of a residential vacant lot in Wasaga Breach is approximately $350,000. With 3 serviced lots for under $900,000 the maths is easy. Vacant residential lots are becoming very, very rare in Wasaga Beach. To find a triple lot already severed in to 3 is unheard of. However here is that unheard of opportunity. Ideally located less than 5 minutes drive to Stonebridge Town Centre with its stores and restaurants including Walmart, Boston Pizza and of course Tims. The beach s 2 to 3 minutes drive away. Each lot measure 52 x 115 so ample room for 3 custom homes. The highest and best use for an investor may be with multiple unit residences. Alongside the housing shortage there is the same chronic shortage of affordable rental properties . Duplexes or triplexes can help fill that void. Wasaga Beach is growing with the Casino plus Twin Pad + Library facility already open and a planned population of 30,000 in 6 years time. The Town of Wasaga Beach has unveiled plans with exciting new partners and next steps for redevelopment of Towns iconic beachfront Proposed projects include a 150-room boutique-style hotel, commercial shops and residences balanced with creative, fun, family-friendly public spaces. The Mayor stated that the Council is thrilled to welcome FRAM Building Group and an exciting new partner, the Sunray Group of Hotels, to Wasaga Beach, Whether you are that developer or ambitious individual it is highly unlikely that such an opportunity of 3 serviced will present itself again in Wasaga Beach..
Extras
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History
Sign in for full access| List Date | End Date | List Price | End Price | Status | MLS # |
| 2021-09 | 2021-10 | $699,900 | $700,000 | Sld | S5374869 |
| 2021-09 | 2023-08 | $699,900 | $700,000 | Sld | S6311855 |
| 2022-12 | 2023-03 | $1,299,000 | $1,299,000 | Exp | S5853544 |
| 2023-04 | 2023-11 | $1,299,000 | $1,299,000 | Exp | S6043761 |
| 2023-11 | 2024-04 | $999,000 | $999,000 | Exp | S7324108 |
| 2024-07 | 2024-11 | $899,000 | $730,000 | Pc | S9008136 |
Comparables
Sign in for full access| sold Date | Address | List Price | sold Price | DOM |
| 2024-10 | 6 bay sands Dr, | $149,990 | $135,000 | 70 |
| 2024-06 | Lt 17 58th St S, | $325,000 | $266,000 | 90 |
| 2024-06 | Lot 13 Knox Rd, | $369,900 | $325,000 | 62 |
| 2024-06 | 8 Trillium Crt, | $274,900 | $265,000 | 100 |
| 2024-04 | 28 Kelley Cres, | $500,000 | $415,000 | 34 |
| 2024-03 | 137 Golf Course Rd, Part 2 | $479,999 | $591,866 | 181 |
| 2024-03 | 137 Golf Course Rd, Part 4 | $499,999 | $591,866 | 181 |
| 2024-03 | 137 Golf Course Rd, Part 3 | $489,999 | $591,866 | 181 |
| 2024-03 | 2234 Klondike Park Rd, | $239,900 | $210,000 | 41 |
| 2024-01 | Part 1 Lot 63 River Rd W, | $175,000 | $172,500 | 7 |
| 2024-01 | Part 2 Lot 63 River Rd W, | $175,000 | $172,500 | 7 |
| 2023-10 | 12 Old Hickory Lane, | $279,999 | $220,000 | 135 |
| 2023-09 | 173 Knox Rd E, | $409,900 | $405,000 | 131 |
| 2023-08 | 8723 Beachwood Rd, | $199,900 | $200,000 | 69 |
| 2023-02 | P L 82 1st Lane, | $459,000 | $410,000 | 49 |
Statistics: TRREB Market Watch - JUNE 2023
Municipality activity All Property Types
Sale activity
Wasaga Beach :
Estimated running costs for 1 Riverdale Dr
Based on available 3rd party data
Approximate costs per month
- Mortgage
- $2475 p/m
- Energy
- from $75 p/m
- Water
- from $40 p/m
- Home insurance
- from $20 p/m
- Taxes
- $239 p/m
- Maintenance
- $0 p/m
Amenities:
Features:
Payment calculator
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Principal and Interest
2475 /mo
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Property Taxes
$239 /mo
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Yearly Condo Fees
$0
* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.
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