57 Ridge Road, Deep River - Retail for Sale
57 Ridge Road, Deep River, Ontario, K0J1P0
2 baths15 parking ft²
$499,900
Deep River
57 Ridge Road, Deep River, Ontario, K0J1P0
$499,900
Deep River
This retail property in Deep River is for sale offering roughly 1,776 sq ft of space. It has been on the market 56 days, fresher than the Deep River average of 161 days.
Rare investment opportunity in the heart of Deep River! Don't miss out on this versatile mixed use property, featuring a spacious & move in ready, 2 bedroom apartment on the upper level, while the lower level offers a commercial unit with multiple plumbing facilities throughout, ready for your business or future tenant. With both residential and commercial components, this property presents an excellent opportunity for a variety of uses, ideal for investors, entrepreneurs, or owner operators seeking both residential and commercial potential. Situated on a spacious corner lot with ample parking, in a high traffic location, this is one of those properties that don't come up often! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 56 days on market, against an average age of 161 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.0 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This retail in Deep River has been listed for 56 days, which is 105 days fresher than the city average of 161. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $499,900, about 6.6× the local median household income of $76,000.
Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 28% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0J)
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