Just steps from one of the most exciting transformations in Wasaga Beach! Beach Area 1 is undergoing a major multi-million-dollar redevelopment, including a premium hotel with upscale dining, spa, event facilities, and a vibrant Festival Square for year-round entertainment. A new mixed-use community with 150+ residential units and 30+ commercial spaces is also planned-making this location a prime opportunity for investors.One of this property's greatest advantages is its versatile zoning: it allows short-term rentals and an impressive range of commercial uses-ideal for a charming bed & breakfast, artisan bakery, medical office, catering kitchen, hospitality venture, restaurant, or even the addition of a second suite. The possibilities are truly endless in this rapidly developing pocket of Wasaga Beach.Inside, this cozy 2-bedroom, 1-bathroom bungalow is warm and inviting, updated with brand-new flooring, a new toilet, smart thermostat, and key mechanical upgrades that add long-term value. The roof, furnace, and electrical were all updated in 2012, and the furnace was professionally serviced in November 2025-offering peace of mind for years to come. The open-concept living room flows into the bright eat-in kitchen, featuring modern cabinetry, generous storage, and convenient access to the laundry room and backyard.Both bedrooms are comfortable and filled with natural light, with a well-designed family bathroom close by. Outside, the fully fenced yard features low-maintenance cobblestone surfacing-perfect for BBQs, campfires, or unwinding under the stars. A detached 23x19 shop with a man door adds incredible versatility for storage, hobbies, or a workshop.Don't miss this chance to own a flexible investment property in one of the highest-potential areas of Wasaga Beach-just a short walk to Beach 1 and the future waterfront redevelopment. This property is video monitored.
Address
24 Glenwood Drive
List Price
$629,000
MLS® Status
New
Expiration Date
2026-02-24
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Wasaga Beach
Region
Simcoe
Bedrooms
2
Bedrooms (Total)
2
Rooms Above Grade
6
Bathrooms
1
Floor Area
< 700 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
94.55
Lot Size Units
Feet
Lot Width
50
Parcel Number
583300139
Occupant Type
Owner
Cross Street
Main St & Glenwood Drive
Approx. Age
51 - 99 Years
MLS® Number
S12571242
Listing Brokerage
RE/MAX By The Bay Brokerage
Basement Area
None
Postal Code
L9Z 2K5
Posession Details
TBD
Parking
Private Double
Parking Places (Total)
6
Parking Spaces
4
Tax Amount
$2,251.00
Tax Year
2025
Site Influences
Paved Yard, Year Round Living
Exterior Features
Paved Yard, Year Round Living
Interior Features
Carpet Free, Primary Bedroom - Main Floor, Water Heater Owned
Cable
Yes
Central Vacuum
No
Family Room
Yes
Hydro
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Senior Community
No
Board Or Association
One Point Association of REALTORS
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Vinyl Siding
Direction Faces
East
Fireplace
No
Foundation Details
Block
Garage
Yes
Garage Type
Detached
Covered Spaces
2
Kitchens Total
1
Kitchens Above Grade
1
Other Structures
Fence - Full
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
LT 50 W/S GLENWOOD DR PL 714 SUNNIDALE TOWN OF WASAGA BEACH.
Topography
Flat, Dry
Waterfront
No
Sewer
Sewer