$489,000
931 RIVER ROAD E
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Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Vacant 1-Acre Lot for Sale - Steps to Georgian Bay! An incredible opportunity to own a private 1-acre vacant lot with the special feature of Sturgeon Creek gracefully running through the lot. A 2-minute walk to the stunning shores of Georgian Bay, while being only a short drive to the vibrant Wasaga Beach community. Perfectly positioned in a quiet setting, this property offers the ideal balance of privacy, tranquility, and convenient access to nearby attractions, shopping, dining, recreational amenities, and major highway connections. A major advantage of this property is that municipal utilities are already available, including hydro, sewer, water, and natural gas, allowing you to move forward with your building plans with ease and confidence, knowing modern services are already in place. This spacious lot offers endless possibilities for your dream home, cottage, or investment property in one of Ontario's most sought-after recreational areas. Whether you envision a year-round residence, a weekend retreat, or simply wish to secure land in a region known for its strong growth and four-season appeal, this property truly checks all the boxes. With Georgian Bay just steps away, the lifestyle opportunities are endless-boating, swimming, sunsets, trails, and all the natural beauty the area is known for. A rare chance to invest in land where location, lifestyle, and future potential come together. (id:65958)
- Subtype
- Vacant Land
- Community
- Wasaga Beach
- Lot dimensions
- 178.55 x 238 FT
- On market
- Apr 17, 2026
- Status changed
- Apr 17, 2026
- Annual tax
- $896 (2025)
- Zoning
- R1, EP, D
- Photos
- 3
- MLS#
- S13014498
- Area
- WASAGA_BEACH
Features and systems
Parking
Lot
Utilities
Cash on cash
-12.12%
Cap rate
3.47%
GRM
16.6
Break-even rent
$3,490
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Wasaga Beach. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.