haho.ca
$1,050,000
For sale

247 Pefferlaw Road, Georgina (Pefferlaw) - Business for Sale

247 Pefferlaw Road, Georgina (Pefferlaw), Ontario, L0E1N0

2 baths50 parking3,080 ft²Listed 65 days ago
Overview

This business in Georgina is for sale offering roughly 3,080 sq ft of space.

Description

Excellent C1 Commercial Investment Opportunity! The well-located commercial property offers approximately $8000 in current rental income from existing tenants. The property is C1 zoned and provides excellent flexibility for variety of permitted commercial uses. The unit also offers the potential to create a legal upstairs residential apartment, subject to municipal approvals and permits. Featuring a prominent front-store area, ample parking, and strong potential for additional income, this property is an excellent opportunity for investors and owner-operators. Also not to forget that, the unit has 5 office rooms, each rented separately. A reception room. full kitchen and one of the washrooms come with standing shower. (id:66096)

Property Details

MLS®
N13727554
Property Type
Business
Zoning
C1-1
Bathrooms
2
Parking
50
Interior Size
3,080 ft²
Lot Size
56 × 408 ft (23,015 sq ft)
Frontage
57 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$16,331/yr
Listed
65 days ago

Features

Appliances
Washer, Water softener, Dryer, Garage door opener, Water Heater
Lot Features
Irregular lot size

Services

Sewer
Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
65d
Georgina (Pefferlaw) listings, avg age
62d
Price / ft²
$341
List price
$1.05M

Long Listed: 65 days on market, against an average age of 62 days across the listings currently for sale in this city

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This business in Georgina (Pefferlaw) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by RE/MAX By The Bay Brokerage · MATT HAIDARI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0E)

This home lists at $1,050,000, about 11.7× the local median household income of $90,000.

Carrying it typically needs a household income of about $205,102 (20% down, 25-yr amortization, stress-tested) — roughly 128% above the area median.

Median household income
$90,000
Population
21,898
Median age
46.8
Owner / renter
84% / 17%
Avg. household size
2.5

Source: Statistics Canada, 2021 Census (FSA L0E)

$1,050,000· $341/ft²
For sale

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Financing

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$1,050,000

Georgina

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