304 Main St
Wasaga Beach, L9Z2N6
For Sale
$6,900,000
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Designated
CATEGORY1.75 Acres
TOTAL AREAS9356252
MLSIDContact Us
Property Description
This 1.75-acre mixed-use Com/Res prime development site is located across from the Walmart plaza and offers an amazing opportunity to create a special 6 Storey "gateway project" with an est. 160,000+ sq.ft GFA for 140+ Units within the Official Plan, Zoning Bylaws, and Amendments. There is a high demand from the aging local residents for elevator living and this development offers a unique blend of Upscale Living and Affordability with onsite amenities to meet the needs of the community. Buyers and buyers agents must perform their own due diligence.
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Property Details
Category
Designated
Zoning
Cs
Total Area
1.75 Acres
Taxes
$26,764 (2024)
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Listing contracted with Intercity Realty Inc.
Similar Listings
This pedestrian-friendly, high-traffic economic opportunity is located at the main end of Wasaga Beach with waterfront views & steps to the longest freshwater beach in the World. Currently used as a parking lot this prime Beachfront Development has been approved by the Wasaga Beach Town Council for the downtown development master plan (DDMP) in 2017. Known as Festival Square, this will be the ground-floor for retail, restaurants, entertainment & visitor services. Creating approx 850 new jobs, the DTMP covers 32.37 acres, 1200 residential units, 262,000 SqFt of mixed-use retail, 2 hotels, a waterpark & 430,500 SqFt of entertainment facilities. Wasaga Beach is the 2nd fastest-growing community in Simcoe County that attracts thousands of tourists & cottagers throughout the summer months & is a 4-season destination. With 1.5 hours from Toronto & 30 mins to Collingwood or Barrie, and home to the new Gateway Casino, the growth rate is projected to double by 2031
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