211 County Rd 28 Road, Otonabee-South Monaghan - Business for Sale
211 County Rd 28 Road, Otonabee-South Monaghan, Ontario, K0L1B0
This business in Otonabee-South Monaghan is for sale. It has been on the market 71 days, fresher than the Otonabee-South Monaghan average of 98 days.
Description
Un-limited Opportunity! Just over an hour drive east of Toronto, this is a rare opportunity to acquire a prominent property in the heart of Bailieboro. The existing building spans 23,045 sq ft and is situated on 5.4 acres, equipped with 3-phase electrical power. Over $300,000 in renovations and upgrades have been completed, including electrical, plumbing, ductwork, and heating & cooling systems. The property is suitable for a variety of uses, such as a private school, nursing home, retirement lodge, hospital, medical center, or public library. This is an excellent investment opportunity with the city open to changes in use, offering significant potential. Site plan, floor plans, and measurements are available. (id:66096)
Property Details
- MLS®
- X13712554
- Property Type
- Business
- Zoning
- Commercial
- Lot Size
- 5.40 acres
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $10,268.18/yr
- Listed
- 71 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 71 days on market, against an average age of 98 days across the listings currently for sale in this city
This business in Otonabee-South Monaghan has been listed for 71 days, which is 27 days fresher than the city average of 98. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (K0L)
This home lists at $2,000,000, about 25.3× the local median household income of $79,000.
Carrying it typically needs a household income of about $390,670 (20% down, 25-yr amortization, stress-tested) — roughly 395% above the area median.
- Median household income
- $79,000
- Population
- 78,142
- Median age
- 54
- Owner / renter
- 88% / 12%
- Avg. household size
- 2.3
Source: Statistics Canada, 2021 Census (FSA K0L)
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$2,000,000
Otonabee-South Monaghan