Sold for:Sold Feb 1, 2026
$1,150,000

948 River Road E

Wasaga Beach, ON L0L 2P3

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 948 River Road E, Wasaga Beach

2026-01-30
2026-02-01
Sold
Price
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MLS#
s12745912
2025-01-25
2025-04-04
Expired
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 948 River Road E, Wasaga Beach

Summarized Description

  • Unique waterfront property with 60 ft frontage.
  • Double deep lot ideal for future development.
  • Charming 2-bedroom cottage perfect for family retreats.
  • Spacious deck for entertaining and enjoying sunsets.
  • Updated systems for comfortable year-round living.
  • Private beach access with shallow sandbars for kids.
  • No development fees if rebuilt within five years.
  • Close to town yet offers serene escape.

Beach side property with 60 ft frontage and double deep lot (315ft). Set on a private double lot with 60 ft of waterfront and over 300 ft of depth (60' x 315' x 34' x 305'), this unique property offers frontage on both Eastdale and River Road East. Discover a rare waterfront gem on one of North America's most serene beaches, known for breathtaking sunsets and a tranquil atmosphere. This charming 750 sq. ft., 2-bedroom, 1-bathroom cottage offers the perfect four-season retreat for family gatherings, relaxation, and fun. Step directly onto the soft sandy beach and wade into shallow sandbars, ideal for children to play safely. The spacious 2-tiered deck overlooking the water is perfect for entertaining, while the campfire area invites cozy evenings watching sunsets and listening to the soothing sound of waves. Thoughtfully updated with new windows, electrical systems, spray foam insulation, a modern panel, and new appliances, the property is ready for comfortable year-round living. Rebuild your dream home and enjoy stunning views of Blue Mountain across the bay, with no development fees ($40-50K savings) if rebuilt within five years of removing the current structure. Whether you're fishing, boating, skiing at nearby Blue Mountain, or snowmobiling on local trails, this property is your gateway to adventure and lasting memories. Conveniently close to town yet offering a true sense of escape, this rare property is your opportunity to enjoy the ultimate beachfront lifestyle today while planning for tomorrow. Don't miss your chance to own this incredible piece of Wasaga Beach. Contact us today to learn more about this rare opportunity - it wont last long!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,189
Land Transfer Tax Fee
$19,475

Rental Items

Rental Equipment
Hot water tank
Under Contract
Hot Water Heater

Basement Type
None

Interior Features

Interior Extras
None
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Beach

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Block
Special Designation
Unknown

Lot

Lot Front
60.00 ft
Lot Depth
315.00 ft

Inclusions

Inclusions
Fridge, Stove

Parking & Garages

Garage Type
Detached
Garage Spaces
0
Parking Spaces
2
Total Garage And Parking Spaces
2

Heating & Cooling

Heat Source
Electric
Heat Type
Other
Air Conditioning
Wall Unit(s)
Water
Municipal
Sewers
Sewer
Natural Gas
No
Hydro
Yes
Cable
Yes
Telephone
Yes

Bedrooms
2
Washrooms
1
Kitchens
1

Room sizes

  • Dining Room14.9 X 7.6'
    Main level
  • Living Room11.9 X 13.6'
    Main level
  • Kitchen9.6 X 12.0'
    Main level
  • Bedroom7.6 X 12.3'
    Main level
  • Bedroom12.0 X 8.0'
    Main level
  • Laundry8.8 X 8'
    Main level

Washrooms

  • 4-piece, Main

Municipality
Wasaga Beach
Neighbourhood
Wasaga Beach
Main cross streets
River Road East to 948 on North Side
Zoning
R1
Directions
River Road East to 948 on North Side
Waterfront
Indirect

MLS® number
S12745912
Data source
Toronto Regional Real Estate Board
Status change
2026-02-01
Listed on
2026-01-30
Days on market
2 days
Possession type
Flexible
Co-op commission
2.25% + tax
Seller
Listed by
Royal LePage Locations North

Home Market Value

Current home valuation for 948 River Road E, Wasaga Beach, Wasaga Beach, ON. Listed for $1,150,000

HOMEH Estimate

?

$726,500

Estimated Sales Range

?

$508,550 - $944,450

HOMEH Estimate for 948 River Road E, Wasaga Beach

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$726,500Low confidence
Based on 8 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Wasaga Beach, ON
Minimum Down Payment Required:7.8%

5% on first $500K + 10% on $650,000 over $500K

Minimum down payment

$90,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$42,366$32,085$27,370$0
=Total mortgage
$1,101,516$1,067,085$1,004,870$920,000
Amortization
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%
%
%
%
Payment frequency
=Mortgage payment
$5,378monthly$5,210monthly$4,906monthly$4,492monthly
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Land Transfer Tax

Provincial

$19,475

Total Land Transfer Tax

$19,475

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