1570 No. 96 Road, Frontenac Islands (Wolfe Island), Ontario, K0H2Y0
No similar listings for sale right now.
$800,000
Frontenac Islands
This industrial property in Frontenac Islands is for sale offering roughly 10,700 sq ft of space. It has been on the market 38 days, fresher than the Frontenac Islands average of 95 days.
Rare Wolfe Island commercial/industrial opportunity featuring an approximately 10,000 SF building formerly utilized as a cheese production and beer/brewing facility. An exceptional feature of the property is its on-site natural spring water resources, offering intriguing potential for food and beverage production, bottling, brewing, agricultural processing or other water-intensive uses, subject to all required approvals.The property offers waterfront and is zoned Rural Industrial (M1), Rural (RU) and Wetland (WL), providing an established commercial/industrial setting with potential for a variety of future uses. Building permits may be obtainable subject to applicable municipal and agency requirements.The substantial existing building provides an excellent opportunity for an owner/user, investor or entrepreneur seeking a unique production facility in Eastern Ontario, with proximity to Kingston via the Wolfe Island ferry.Prospective purchasers should complete their own due diligence regarding permitted uses, water quantity/quality and approvals. Any change to a more sensitive land use will require an Environmental Site Assessment and Record of Site Condition. The property is adjacent to a Provincially Significant Wetland (PSW); additional development/redevelopment will likely require an Environmental Impact Study (EIS). The property is also within the influence area of a waste management facility; a change to a more sensitive use will require the applicable provincial "D Series" study. (id:66096)
Extended: 38 days on market, against an average age of 95 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 80 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 90.8 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This industrial in Frontenac Islands (Wolfe Island) has been listed for 38 days, which is 57 days fresher than the city average of 95. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $800,000, about 8.7× the local median household income of $92,000.
Carrying it typically needs a household income of about $156,268 (20% down, 25-yr amortization, stress-tested) — roughly 70% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0H)
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