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1 RIVERDALE DRIVE, Wasaga Beach, Ontario, L9Z 1E9

MLS® # S11903696
Vacant Land For Sale In Wasaga Beach, Ontario
$730,000
1 Riverdale Drive, Wasaga Beach, ON
1 Riverdale Drive, Wasaga Beach, ON
1 Riverdale Drive, Wasaga Beach, ON
1 Riverdale Drive, Wasaga Beach, ON
1 Riverdale Drive, Wasaga Beach, ON
1 Riverdale Drive, Wasaga Beach, ON
1 Riverdale Drive, Wasaga Beach, ON
1 Riverdale Drive, Wasaga Beach, ON
1 Riverdale Drive, Wasaga Beach, ON
1 Riverdale Drive, Wasaga Beach, ON
1 Riverdale Drive, Wasaga Beach, ON
1 Riverdale Drive, Wasaga Beach, ON
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ACTIVE
1 RIVERDALE DRIVE, Wasaga Beach, Ontario, L9Z 1E9
$730,000

Property Information:

Unparalleled investment opportunity in the heart of Wasaga Beach with three fully serviced vacant lots, ready for development. With the ongoing housing shortage in Ontario, these rare properties, priced under $750,000, offer significant value compared to the 12-month average sale price of a residential vacant lot in the area, which hovers around $350,000. 3 lots 52 x 115 feet, providing ample space for three custom homes or the development of multi-unit residences. There is a chronic shortage of affordable rental properties and duplexes or triplexes may be the highest and best use. Wasaga Beach is rapidly evolving with major developments like the new Casino and Twin Pad + Library facility already in place, anticipating a population growth to 30,000 within six years.Strategically located less than a five-minute drive from Stonebridge Town Centre, this development will offer residents the convenience of nearby amenities including Walmart, Boston Pizza, and Tim Hortons. A short two to three-minute drive to the beaches will appeal to prospective buyers or tenants. Additionally, Wasaga Beach's redevelopment plans promise further enhancement of its iconic beachfront with projects that include a 150-room boutique-style hotel and commercial spaces, balancing living spaces with family-friendly public areas. Investors can align with these future growth plans and benefit from both the commercial and community advancements.This unique offering of a triple lot, already severed into three, is nearly impossible to find. Whether you're a sophisticated developer or an individual with a vision, this is an exceptional chance to contribute to and benefit from the promising future of Wasaga Beach. (id:27)

Property Features:

  • Property Type: Vacant Land
  • Irregular: Yes
  • Lot Depth: 115.5 Feet
  • Lot Frontage: 176.2 Feet
  • Lot Size: 176.19 x 115.57 FT
  • Utility Type: Sewer - Available, Cable - Available
  • Zoning: R1 D
  • Sewer: Sanitary sewer

Courtesy of: RE/MAX By the Bay Brokerage

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Location of 1 RIVERDALE DRIVE, Wasaga Beach, Ontario, L9Z 1E9

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

44/100

Moderate

ClimateCheck®

Current data

This property, 1 RIVERDALE DRIVE , experiences 7 hot days per year at around 30.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.4 degrees Celsius.

Projected Avg. Temperature

Past
30.9℃
2050
34.4℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

60/100

Moderate-High

ClimateCheck®

Current data

This property, 1 RIVERDALE DRIVE , experiences 11 significant 2-day storms per year, with about 298.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 374.5mm of precipitation per year.

Precipitation Per Storm

Past
298.4mm
2050
374.5mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 1 RIVERDALE DRIVE, Wasaga Beach, Ontario, L9Z 1E9

Life Stage

Families with Tweens

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$106,388.00

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.49 %

High school certificate or equivalent

37.2 %

Apprenticeship trade certificate/diploma

7.89 %

College/non-university certificate

23.92 %

University certificate (below bachelor)

0.53 %

University Degree

9.96 %

Commuter

Travel To Work

By Car

94.66 %

By Public Transit

0.0 %

By Walking

0.18 %

By Bicycle

1.31 %

By Other Methods

3.85 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.84 %

Houses

97.16 %

Own Vs. Rent