Friday, 5 May 2017

Consider Wasaga Beach For Your Next Cottage

Wasaga Beach has forever been the chosen retreat for neighboring Toronto residents because it lays claim to having longest fresh water beach in the world, but it did not officially become a town until January of 1974. Consequently, the community has continually increased -- from 12,419 permanent residents in 2001 to 15,029 when the 2006 census was conducted.
As the numbers continue to rise, Wasaga Beach has earned a reputation as one of the quickest growing regions in the country. The number of transactions and the extent of Wasaga Beach real estate sold is climbing dramatically -- especially since 2009 -- and new inhabitants are building houses as the demand for more seasonal structures is growing, and cottages and recreational properties are springing up along the popular water front. 
Residents and tourists alike are drawn to Wasaga Beach by the the fourteen kilometers of safe sandy public beaches that is also home to the Wasaga Beach Provincial Park, which was awarded the coveted Blue Flag designation for its endeavors to govern Wasaga's shoreline in accordance with international environmental guidelines. The area provides recreation all year round along the sandy beaches -- designated 1-6 (with 1 and 2 being the most busy) -- and during the spring and summer there are recreational activities such as beach volleyball or a game of Frisbee to be enjoyed by all. The same expanse of beach becomes a wintertime gathering point for sports buffs who come to snowmobile and snow shoe on the well-groomed trails.
Even though a major fire demolished seventy percent of the main drag, businesses and apartments -- as well as the pedestrian mall -- on November 30, 2007, Wasaga Beach growth has not stopped. Instead, the area is experiencing a big development boom with fabrication currently underway on a modern style beach front boardwalk with a plaza, eateries, and an all weather theme park attached to a monorail. To deal with the requirements of the burgeoning area, the area transit service, Georgian Coach Lines, has had to expand their routes twice since 2008 and offer service daily from 7AM to 7PM on an east-west loop through the town.
The growing availability of amenities and products in Wasaga Beach has helped push real estate sales up 65 percent in the first quarter of 2010 when compared to the same period last year. The month of March 2010 saw a substantial 50 percent rise which also had a positive affect on the adjacent Collingwood real estate sector. Even more encouraging were the price range increases, up to 172 percent in some regions of the Greater Toronto Area, with homes that were marketing for 300K moving into the 350K to 500K range. Although undoubtedly seasonal buyers make up much of the increase, it also appears to be due to the high-end estates in Wasaga Beach are becoming a sought after retirement choice for wealthier residents. But no doubt the general appeal of the Georgian Triangle 'quality of life' will keep attracting the attention in a wide range of home buyers who are drawn by the natural beauty of Wasaga Beach, but take pleasure in the convenience of having the services of Toronto that is just a 1.5 hour driving distance.  

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Coldwell Banker Ronan Realty

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