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$819,000
Central Elgin
9664 Belmont Road, Central Elgin (New Sarum), Ontario, N5P3S7
This retail property in Central Elgin is for sale offering roughly 2,776 sq ft of space. It has been on the market 15 days, fresher than the Central Elgin average of 35 days.
Imagine running your business just steps from home, without sacrificing the space, privacy, or lifestyle you've always wanted. Set on 1.45 beautifully landscaped acres in New Sarum, just minutes from St. Thomas, this unique property offers an opportunity to bring your professional ambitions and personal life together in one exceptional setting. At the heart of its commercial potential is a versatile detached shop featuring multiple workshop bays, a reception area, paint room, two-piece bathroom, and additional studio. Complete with a separate hydro meter, gas service, high-speed internet, and ample parking, the space offers exciting possibilities for entrepreneurs, tradespeople, and those looking to bring their vision to life. Just steps away, a lovingly maintained two-storey home offers over 2,000 sq. ft. of warm, character-filled living space with thoughtful updates and a beautifully designed kitchen. A fully self-contained secondary suite with its own entrance, kitchen, living area, bedroom, bathroom, and laundry adds flexibility for extended family or potential rental income. Outside, enjoy the lifestyle that makes this property truly special, with a pool, pond, gazebo, fruit and berry plantings, herb garden, and chicken coop. A rare opportunity to build a business and a lifestyle in one exceptional setting. Buyers to verify permitted uses under C1-12 zoning and any required approvals. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 15 days on market, against an average age of 35 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 66 days on the market over the past year, against a median of 48 days across the markets we publish.
This 4-bed retail in Central Elgin (New Sarum) has been listed for 15 days, which is 20 days fresher than the city average of 35. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $819,000, about 10.6× the local median household income of $77,500.
Carrying it typically needs a household income of about $159,979 (20% down, 25-yr amortization, stress-tested) — roughly 106% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5P)
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