$949,000
Blue Mountains
14 Elgin Street South, Blue Mountains, Ontario, N0H2P0
This industrial property in Blue Mountains is for sale offering roughly 1,937 sq ft of space. It has been on the market 1 day, fresher than the Blue Mountains average of 91 days.
Corner industrial property in Thornbury at Elgin Street South and Arthur Street East, one block from Highway 26 (King Street East) and close to the shops and services of the downtown core. The lot is approximately 0.497 acres (21,657 sq. ft.) and is zoned M1 Employment. The improvements are an older concrete block industrial building of approximately 1,572 sq. ft., including an office and washroom, and an attached steel shed of approximately 365 sq. ft., for approximately 1,937 sq. ft. in total. The building is currently a working steel fabrication and welding shop; heavy-use industrial premises like this are hard to find in town. The buildings cover only about 9% of the lot, leaving generous yard area for parking, outside storage or future expansion, subject to municipal approvals. The location offers quick access to Highway 26, current visibility from the highway and established commercial neighbours. Thornbury sits on Georgian Bay between Collingwood and Meaford, close to Blue Mountain, the area's private ski clubs, the harbour and the Georgian Trail. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 1 day on market, against an average age of 91 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 industrial in Blue Mountains has been listed for 1 day, which is 90 days fresher than the city average of 91. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $949,000, about 11.0× the local median household income of $86,000.
Carrying it typically needs a household income of about $185,373 (20% down, 25-yr amortization, stress-tested) — roughly 116% above the area median.
Source: Statistics Canada, 2021 Census (FSA N0H)
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