For Sale - Commercial, Land
PRIME BEACHFRONT DEVELOPMENT LAND AVAILABLE IN WASAGA BEACH
9 MAIN STREET – MLS 40172542
List Price: $5,995,000
Lot Size: 0.46 Acres
10 MAIN STREET – MLS 40172548
List Price: $12,500,000
Lot Size: 0.71 Acres
The Downtown Development Master Plan (DDMP) was approved by Wasaga Beach Town Council in 2017. Festival Square is the King Post to the Master Plan. Framing Festival Square will be ground floor retail, restaurants, entertainment and visitor services.
Festival Square properties boast gorgeous waterfront views, just steps to Beach 1. Visitors will see these properties first as they enter the Beach arrival roundabout area. Capital costs for full completion estimated at $625 million, creating approximately 850 new jobs. The DTMP covers 32.37 acres, a total gross floor area of 1,334,724 SF, 1200 residential units, 262,000 square of mixed-use retail, 2 hotels, a waterpark & 430,500 square feet of entertainment facilities.
The immediate vicinity consists of small streets and blocks, parks and open spaces with a variety of uses and planned anchor tenants resulting in a pedestrian-friendly, high-traffic economic opportunity for potential investors.
Wasaga Beach is known for having the longest freshwater beach in the World. Located within Canada’s largest concentration of people at its doorstep – 348,995 within 50 km, 1,052,682 within 100 km. Wasaga Beach is the 12th fastest growing community in Canada and 2nd fastest growing community in Simcoe County.
Toronto is 1.5 hours away and Collingwood Regional Airport is a 10-minute drive. Wasaga Beach attracts thousands of tourists and cottagers throughout summer months and is a 4-season destination. The town will also soon be home to the new Gateway Casinos & Entertainment Ltd. facility.
The growth rate is projected to double the provincial average by 2031. To attract residents, the town invests in improvements to create pedestrian traffic with appealing and walkable neighbourhoods. An active lifestyle is promoted, with traditional family fun and a variety of activities for the shoulder season. Wasaga Beach commits massive resources to create world-class 4-season communities with access to beautiful natural assets.