$17,250,000

About this listing

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.