
948 River Road E
Wasaga Beach, ON L0L 2P3
- 2Bedrooms
- 1Bathroom
- 0Garage
- 700–1100Sq Ft
- $5,189Tax
- 60×315 ftLot Size
- Estimated Value:$726,500See Free Estimate Report

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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.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $650,000 over $500K
$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 | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,378monthly | $5,210monthly | $4,906monthly | $4,492monthly |
Land Transfer Tax
$19,475
$19,475
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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