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Lots & Land in Wasaga Beach
About 490 Oxbow Park Drive
Welcome to 490 Oxbow Park Dr! A rare opportunity to secure an exceptional waterfront parcel along the picturesque Nottawasaga River. Offering approximately 66.75 feet of direct river frontage in the sought-after Oxbow Park community, this exceptional vacant parcel provides the ideal setting to create a custom residence tailored to your vision while embracing a lifestyle centred around nature, recreation and year-round enjoyment. Municipal water, sanitary sewer, hydro, natural gas, along with Bell Canada and Rogers services, are available, providing added convenience for future development. Imagine an open-concept home filled with natural light, seamless indoor-outdoor living and a chef-inspired kitchen at the heart of every gathering. Picture a spacious great room with soaring ceilings, a tranquil primary retreat overlooking the water and thoughtfully designed outdoor living spaces perfect for quiet mornings, sunset dinners and effortless entertaining. Beyond the property, enjoy convenient access to Wasaga Beach's renowned sandy shoreline, local restaurants, boutique shops, golf courses, scenic trails and everyday amenities. Blue Mountain Resort is also within easy reach, offering skiing, hiking, golf, mountain biking and year-round recreation. Whether you envision a year-round residence, a weekend escape or a long-term investment, this exceptional waterfront property offers the opportunity to build a home that is uniquely your own in one of Wasaga Beach's most desirable riverfront communities.
Wasaga Beach land priced at $575,000 — book a tour to see if it fits your search.
Inside 490 Oxbow Park Dr
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
0.274
Listing & possession
Property class
Vacant Land
490 Oxbow Park Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
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
$2,825
/mo
based on the purchase price of $575,000
$115,000 cash
$460,000 financed
$387,441 total interest
Principal54%$460,000
Interest46%$387,441
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.
For homeowners nearby
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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 homes for sale in Wasaga Beach around $575K.
Average days on market46Homes sold in about 46 days on average.
Sale-to-list ratio96.3%On average, homes sold below asking.
Active listings446Homes for sale here right now.
Median vs prior 90 days−4.5%Compared with May 1 – Jul 30, 2026: prices down.
Based on 212 sales from Jul 30 – Oct 28, 2026 (202 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 490 Oxbow Park Dr
How much is 490 Oxbow Park Dr listed for?
490 Oxbow Park Dr is listed at $575,000 (MLS® S13775156). Summitly updates the price as soon as the MLS® record changes.
Has the price of 490 Oxbow Park Dr changed?
Yes — it was first listed at $499,000 and is now $575,000, an increase of $76,000 (15.2%).
How many bedrooms and bathrooms does 490 Oxbow Park Dr have?
The listing for 490 Oxbow Park Dr doesn't publish its bedroom and bathroom count. It is a lot in Wasaga Beach.
How much would the monthly mortgage be on 490 Oxbow Park Dr?
About $2,825 a month — principal and interest on $575,000 with 20% down ($115,000), 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 490 Oxbow Park Dr compare with other homes in Wasaga Beach?
Its asking price of $575,000 is about 5% below the median sold price in Wasaga Beach over the last 90 days, $604,995, across 212 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 490 Oxbow Park Dr been sold before?
Summitly has no earlier MLS® sale or lease of 490 Oxbow Park Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 490 Oxbow Park Dr?
490 Oxbow Park Dr is in Wasaga Beach, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 490 Oxbow Park Dr been on the market?
47 days — 490 Oxbow Park Dr was listed on September 11, 2026.
What is the lot size of 490 Oxbow Park Dr?
The lot is 50 acres, as published in the listing.
What is the land transfer tax on 490 Oxbow Park Dr?
About $7,975 in Ontario land transfer tax at the asking price of $575,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 490 Oxbow Park Dr or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 490 Oxbow Park Dr?
The listing for 490 Oxbow Park Dr doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Wasaga Beach.