haho.ca
$650,000
For sale

62 YONGE Street North, Arran-Elderslie - Business for Sale

62 YONGE Street North, Arran-Elderslie, Ontario, N0H2N0

1,500 ft²Listed 289 days ago
Overview

This business in Arran-Elderslie is for sale offering roughly 1,500 sq ft of space.

Description

Fabulous commercial opportunity in a growing community! This great location features ample income opportunity with, 36' x 28' variety store, and a two bedroom apartment for added income or live and work potential. Formerly the Tara Gas and Variety - this could be converted to a gas bar again (current tanks are being removed by the seller). Loads of opportunity here! (id:66096)

Property Details

MLS®
X12709262
Property Type
Business
Business Type
Retail and Wholesale
Zoning
C1
Interior Size
1,500 ft²
Lot Size
122 × 165 ft (20,193 sq ft)
Heating
Not known
Cooling
Unknown
Property Tax
$6,350/yr
Listed
289 days ago

Services

Water
Municipal water
Sewer
Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
289d
Arran-Elderslie listings, avg age
94d
Price / ft²
$433
List price
$650K

Long Listed: 289 days on market, against an average age of 94 days across the listings currently for sale in this city

Haho

This business in Arran-Elderslie is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by Royal LePage RCR Realty · RON DOWNS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N0H)

This home lists at $650,000, about 7.6× the local median household income of $86,000.

Carrying it typically needs a household income of about $126,968 (20% down, 25-yr amortization, stress-tested) — roughly 48% above the area median.

Median household income
$86,000
Population
53,674
Median age
52.8
Owner / renter
86% / 14%
Avg. household size
2.3

Source: Statistics Canada, 2021 Census (FSA N0H)

$650,000· $433/ft²
For sale

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Financing

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$650,000

Arran-Elderslie

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