Rare riverfront opportunity in the heart of Wasaga Beach's highly sought-after DC2 (Downtown Core Exception) zoning district. This well-maintained 3+1 bedroom, 2 bathroom home is positioned directly beside the Main Street Bridge and offers exceptional redevelopment, investment, residential, and tourism-related potential in one of the fastest evolving areas of town.Enjoy a front-row seat to the transformation of Beach Area 1, with millions of dollars in public and private investment reshaping Wasaga Beach's waterfront and downtown core. From this prime location, you can walk to the beach, restaurants, shops, entertainment, festivals, and the growing collection of attractions that continue to drive tourism and year-round activity in the area.Inside, the home offers three bedrooms on the main level, an additional bedroom in the finished lower level, another full bathroom, and the flexibility to accommodate a variety of living arrangements. Whether you're looking for a year-round residence, cottage getaway, investment property, or future redevelopment opportunity, the possibilities here are extensive.The property's desirable DC2 zoning permits a wide range of potential uses, making it an attractive opportunity for investors, entrepreneurs, developers, or those looking to secure a prime piece of waterfront real estate in a high-growth location. Short-term accommodation opportunities may also be available, subject to municipal licensing and approvals. The combination of river frontage, exceptional visibility, walkability, and flexible zoning creates a rare opportunity that is becoming increasingly difficult to find.Whether you're looking for a personal waterfront retreat, an income-producing property, a future redevelopment project, or a strategic long-term investment, this property offers outstanding potential in one of Ontario's most recognized tourism destinations. Located just steps from the beach and at the centre of Wasaga Beach's exciting downtown revitalization.
2 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $814 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 32 River Rd E
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow-Raised
Living space
1100-1500 sq ftas stated on the listing
Parking
4 spaces
Basement
Full, Walk-Up
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Full · Walk-Up
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow-Raised
Property class
Detached
32 River Rd E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® S13440586$895,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 32 River Rd E Compares to the Wasaga Beach Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,397
/mo
based on the purchase price of $895,000
$179,000 cash
$716,000 financed
$603,060 total interest
Principal54%$716,000
Interest46%$603,060
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Wasaga Beach
Other 2–4 bed homes for sale in Wasaga Beach around $895K.
Average days on market48Homes sold in about 48 days on average.
Sale-to-list ratio96.2%On average, homes sold below asking.
Active listings439Homes for sale here right now.
Median vs prior 90 days−5.7%Compared with May 8 – Aug 6, 2026: prices down.
Based on 206 sales from Aug 6 – Nov 4, 2026 (209 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 32 River Rd E
How much is 32 River Rd E listed for?
32 River Rd E is listed at $895,000 (MLS® S13440586). Summitly updates the price as soon as the MLS® record changes.
Is $895,000 a good price for 32 River Rd E?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Wasaga Beach. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 32 River Rd E changed?
No — 32 River Rd E is still listed at its original asking price of $895,000.
How many bedrooms and bathrooms does 32 River Rd E have?
32 River Rd E has 2 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a detached home in Wasaga Beach.
How much would the monthly mortgage be on 32 River Rd E?
About $4,397 a month — principal and interest on $895,000 with 20% down ($179,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 32 River Rd E compare with other homes in Wasaga Beach?
Its asking price of $895,000 is about 49% above the median sold price in Wasaga Beach over the last 90 days, $599,000, across 206 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 32 River Rd E been sold before?
Summitly has no earlier MLS® sale or lease of 32 River Rd E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 32 River Rd E?
32 River Rd E is in Wasaga Beach, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 32 River Rd E been on the market?
145 days — 32 River Rd E was listed on June 12, 2026.
What is the price per square foot of 32 River Rd E?
About $597 to $814 per square foot: the asking price of $895,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 32 River Rd E have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 32 River Rd E have a basement, and is it finished?
The listing describes the basement as: Full, Walk-Up.
