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Investment signal

$489,000

931 RIVER ROAD E

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Beds

Baths

Sqft

Year

Type

Vacant Land

Suite

Investment signal

Location 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.

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

No Garage

Lot

Irregular lot size

Utilities

SewerElectricityCable
Negative cash flow ~$570/mo at these assumptions

Cash on cash

-6.99%

Cap rate

3.47%

GRM

16.6

Break-even rent

$3,050

Financing

Down payment$97,800
Loan amount$391,200
Mortgage$1,982/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$224
Insurance$80
Maintenance$408
CapEx reserve$204
Vacancy loss$123

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.

Mortgage estimate

Estimated $1,982/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

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.

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