| Is the home of the world’s longest beach and every year it attracts many tourists and locals who want to take in the sun and play in the water. However lately many west side of each businesses have been struggling or close their doors altogether. This has hurt the local economy as well as Wasaga Beach real estate as a whole as news of the financial woes trickles out to people who normally choose this area for a weekend getaway or a summer vacation. | As a popular tourist destination the area of Wasaga Beach relies on having a busy summer to make the majority of their money for the year. Stores and restaurants typically see their business improve from Victoria Day Weekend which is the unofficial start of summer. And it is not just regular businesses that rely on summer. Many people who have bought Wasaga Beach real estate in the form of condos or cottages also rely on summer and the popularity of the area to rent out their properties either as a business or just to make some extra money. | Limited availability of true waterfront property has prompted recreational purchasers in Wasaga Beach to consider back- lot bungalows within walking distance of the beach this year. The more affordable alternative shaves an estimated $75,000 off a similar property located on the banks of the Nottawasaga River and is half of the starting price of a winterized, recreational property, situated on 50 ft. of prime beachfront, in Wasaga. |
