$2,399,000
Blue Mountains
1 BRUCE Street North, Blue Mountains, Ontario, N0H2P0
This office property in Blue Mountains is for sale offering roughly 3,627 sq ft of space. It has been on the market 79 days, fresher than the Blue Mountains average of 92 days.
Motel and Air bnb zoning approved. Exceptional Investment Opportunity in the Heart of Thornbury. Located on the highly visible main intersection of Bruce Street & Hwy 26, this updated commercial building offers unmatched exposure with steady drive-through traffic and excellent street presence.It's a rare opportunity to own a versatile property in one of Thornbury's most desirable locations, perfect for investors or those looking to blend business and lifestyle.The building features one commercial unit, currently tenanted, with a flexible layout that includes multiple offices, a reception area, staff room, washroom, and a spacious meeting room - ideal for professional services. There are also two short term rentable apartments both currently vacant, offering excellent air bnb/motel potential.Extensively updated in 2023 and 2024, the building includes anew roof, windows, doors, furnaces, appliances, and more, ensuring peace of mind for years to come.The upper-level unit is a beautifully renovated 2 bed + den, 2-bath space featuring a modern open-concept kitchen, living, and dining area with updated appliances and stylish finishes.The second unit spans two storeys and offers a warm, inviting 2 bed layout, great for a seasonal getaway or long-term tenant.Convenience is key with a ski locker equipped with custom hooks for skis and bikes, and thoughtful design throughout. The bright kitchen and airy living space create an ideal setting to unwind or entertain after a day of exploring.Just steps to Thornbury's charming shops, cozy cafés, and the stunning Georgian Bay, and only a short drive to private ski /golf clubs and Blue Mountain Village, this property is perfectly positioned to enjoy the best of the area's vibrant community and year-round recreational lifestyle. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 79 days on market, against an average age of 92 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 67 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This office in Blue Mountains has been listed for 79 days, which is 13 days fresher than the city average of 92. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,399,000, about 27.9× the local median household income of $86,000.
Carrying it typically needs a household income of about $468,609 (20% down, 25-yr amortization, stress-tested) — roughly 445% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0H)
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