$499,900

$524,900For salePrice drop↓ $25,000 (5%)

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57 Ridge Road, Deep River - Single Family for Sale

57 Ridge Road, Deep River, Ontario, K0J1P0

2 beds2 baths parking

665B Balmer Bay Road, Deep River, Ontario, K0J1P0

2 bd2 ba10 pk1,750 ft²Lot size 358 × 2108 ft (17.31 acres)

Listed by JAMES J. HICKEY REALTY LTD.

33712 Highway 17 West, Deep River, Ontario, K7S3G7

For sale

14 days ago

$465K

33712 Highway 17 West, Deep River, Ontario, K7S3G7

3 bd3 ba6 pk2,250 ft²Lot size 209 × 209 ft (1.00 acres)

Listed by CENTURY 21 HERITAGE GROUP LTD.

88 Glendale Avenue, Deep River, Ontario, K0J1P0

For sale

16 days ago

$380K

88 Glendale Avenue, Deep River, Ontario, K0J1P0

3 bd1 ba3 pk1,300 ft²Lot size 66 × 113 ft (7,489 sq ft)

Listed by JAMES J. HICKEY REALTY LTD.

6 Sumac Court, Deep River, Ontario, K0J1P0

For sale

27 days ago

$400K

6 Sumac Court, Deep River, Ontario, K0J1P0

4 bd2 ba3 pk1,300 ft²Lot size 50 × 115 ft (5,760 sq ft)

Listed by EXIT OTTAWA VALLEY REALTY

Investment analysis

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$499,900

Deep River

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164 × 36 ft (5,908 sq ft) lot size

Overview

This 2-bedroom, 2-bathroom home in Deep River is for sale offering roughly 900 sq ft of space. It has been on the market 56 days, fresher than the Deep River average of 161 days.

Houses for Sale in Deep River →All real estate in Deep River →

Description

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)

Property Details

MLS®: X13760634
Property Type: Single Family
Zoning: Commercial and Residential
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 15
Interior Size: 900 ft²
Lot Size: 164 × 36 ft (5,908 sq ft)
Frontage: 164 ft
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Property Tax: $4,796.73/yr
Listed: 56 days ago

Rooms

Upper Level

Kitchen: 2.8 x 3 meters
Dining room: 3.9 x 4.1 meters
Living room: 4.2 x 4.1 meters
Bathroom: 3.4 x 1.6 meters
Bedroom: 2.7 x 3.8 meters
Bedroom: 2.8 x 3.2 meters

Lower level

Other: 9.7 x 6.7 meters
Bathroom: 2.1 x 1 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: All
Foundation: Block
Exterior: Vinyl siding
Lot Features: Irregular lot size

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

56d

Deep River listings, avg age

161d

Price / ft²

$555

List price

$500K

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.

Haho

This 2-bed single family 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.

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Listed by ROYAL LEPAGE EDMONDS & ASSOCIATES · Liam Poirier

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0J)

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.

Median household income: $76,000
Population: 34,322
Median age: 52.4
Owner / renter: 87% / 13%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K0J)

$499,900· $555/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,995

Min 5%50%

Mortgage payment$2,633/mo

↳ CMHC premium ($18,996 capitalized)

Property tax (est.)$400/mo

Total monthly$3,033

Cash Needed to Close

Down payment (5%)$24,995

Land transfer tax$6,473

Est. closing costs$4,000

Total cash needed$35,468

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice