$575,000
Adelaide Metcalfe
27705 Kerwood Road, Adelaide Metcalfe (Kerwood), Ontario, N0M2B0
This retail property in Adelaide Metcalfe is for sale offering roughly 3,469 sq ft of space.
1.43-acre parcel on Kerwood Road in Adelaide Metcalfe carrying three zones across different portions of the lot: Village Residential (VR), Village Commercial (VC) and Industrial (M), per Map 21 of the Adelaide Metcalfe Zoning By-law (April 2024 consolidation). Lot 397 x 157 ft per MPAC/GeoWarehouse. Standalone shop with free-span trusses, approx. 9 ft clear height through most of the building, a 7'9" x 10' overhead door, 400-amp service with a new 60-amp panel in the shop, and portable electric heat. Drilled well (65 ft) and holding tank; no septic. No dwelling on site. Building was previously an auto parts shop. The three-zone layout is what makes this property interesting to more than one kind of buyer. A tradesperson or contractor sees an existing shop and acreage around it. A small business owner sees a commercial portion to build a plan around. An investor or builder sees a residential portion with no existing dwelling and room to think. A buyer with a longer view sees all three on one lot and the chance to explore how they fit together. Each of those paths depends on what the zoning allows and on the buyer's own due diligence, so nothing here is promised; it is a parcel with several directions open to it. Zone boundaries within the lot have not been surveyed and no survey or well records are available. Property is within the railway proximity screening area, and the prior automotive use may affect a change to a more sensitive use; no severance application has been made. Buyers to verify all permitted uses, servicing and development potential with the Township of Adelaide Metcalfe. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 50 days on market, against an average age of 43 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 27 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This retail in Adelaide Metcalfe (Kerwood) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $575,000, about 6.3× the local median household income of $91,000.
Carrying it typically needs a household income of about $112,318 (20% down, 25-yr amortization, stress-tested) — roughly 23% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0M)
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