Wasaga Beach Low Income Housing
The hot debated topic in Wasaga Beach is the planned development of low income housing at the east end of Wasaga Beach approximately 5 acres on Zoo park Road. Resident’s in the newer developed area are contesting the project as they are concerned with the devaluation of their property. With Wasaga Beach Real Estate price’s hitting a new high for 2016 and a huge rental shortage there appears to be a need more than ever for affordable housing option’s in Wasaga Beach.
Joint Effort Between the County and Town
The county would own and operate the project, while Wasaga Beach would provide a variety of grants that could cost the municipality more than $1.5 million. The proposal would create 100 much needed affordable units.Most cities and larger towns already offer affordable housing options for their resident’s so why not Wasaga Beach. Statistics show low income housing(real estate) will not devalue your home but attract more families to the area which in turn will created more business for our town.
The location they are considering would be ideal as people currently use the land as a dumping ground. The area is a short walk to Walmart, Foodland and 2 banks so resident’s without access to a vehicle would find it very accessible.Where and when they do finally decide to move forward with the plan is still up in the air.
Wasaga Beach and the surrounding areas are desperate need of low income housing. Maintaining property values is a concern for all home owners. Perhaps the County and Town can choose a location that suits both existing and future residents alike.
Andrew Weaver is a licensed Realtor® with the Southern Georgian Bay Real Estate Board.
Serving Wasaga Beach, Collingwood and Clearview Township.