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8859 Beachwood Road
homes for sale · Wasaga Beach
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$17,250,000

8859 Beachwood Road

Wasaga Beach · MLS® S13444172

Land · Vacant Land · 131 days on market

listed by JASON RUTTAN, RE/MAX By The Bay Brokerage

realtor's description

Prime Draft Plan Approved Development opportunity to acquire approximately 30.25 acres of residential development land located at 8859 Beachwood Road in the rapidly growing Town of Wasaga Beach. The property benefits from Draft Plan of Subdivision Approval for a 474-unit residential development consisting of 36 semi-detached dwelling units, 314 townhouse and back-to-back townhouse units, and 124 mixed-use residential units within two proposed six-storey buildings. The mixed-use component in the six-storey buildings also includes zoning provisions permitting an additional commercial use opportunity. The approved draft plan includes residential blocks, mixed-use residential development, common element parkland, private roads, visitor parking, snow storage facilities, stormwater management infrastructure, maintenance access blocks, and future residential development lands. Over 28 technical studies, reports, drawings, and supporting documents have been completed through the Draft Plan Approval process and are available to prospective purchasers, providing substantial value and a significant head start toward the Subdivision Agreement, Final Approval, and Registration stages. Strategically positioned within the West Wasaga growth corridor, the property is located near major planned and recently completed developments, including the new Costco commercial node, Hampton Inn & Suites at the Playtime Casino development, the future regional hospital serving South Georgian Bay, two new secondary schools, extensive beachfront revitalization projects, and expanding community amenities. The location offers excellent access to regional transportation routes and is situated within one of Ontario's fastest-growing recreational and residential markets. A rare opportunity for builders, developers, and investors to acquire a large-scale, draft-approved residential development parcel in a high-growth community with significant planning work already completed.

property details

type
Land, Vacant Land
parking
0
property tax
$2,577 / yr
days on market
131
MLS®
S13444172

features

  • Irregular lot size

monthly cost

$75,371/mo
Mortgage $75,157 · Tax $215

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$75,157/ monthly
loan $13,800,000
25-year amortization
total interest
$8,746,979
cash to close
$3,450,000
down payment; transfer tax and fees not included
total paid
$22,546,979

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
JASON RUTTAN
RE/MAX By The Bay Brokerage
call JASON · 705-429-4500
Powered by: REALTOR.ca

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location

Wasaga BeachGoogle Maps ↗

location

Wasaga BeachGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

8859 Beachwood Road, Wasaga Beach
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Land
$17,250,000
4methe deep dive
8859 Beachwood Road
Wasaga Beach131 days on market
listed by RE/MAX By The Bay Brokerage
30 sq ft
MLS® S13444178