Description

Step into a multi use location, with a busy restaurant , that seats 42. High traffic location! 2 Highway entrances and exits. Traffic easily runs in and out. Lots of parking. Comes complete with all the restaurant equipment. A 2 bedroom home is also part of the parcel. Located just south of Owen Sound. (id:66096)

Property Details

MLS®: X13424824
Property Type: Retail
Zoning: RU AND EP
Bathrooms: 2
Parking: 30
Lot Size: 1.50 acres
Frontage: 204 ft
Heating: Other
Cooling: Fully air conditioned
Property Tax: $3,400/yr
Listed: 147 days ago

Market Timing

Days on market

147d

Georgian Bluffs listings, avg age

106d

List price

$879K

Homes here sell slower than most markets

Sold homes in this market spent an average of 62 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 94.1 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

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Area context

Neighbourhood profile (N4K)

This home lists at $879,000, about 12.6× the local median household income of $69,500.

Carrying it typically needs a household income of about $171,699 (20% down, 25-yr amortization, stress-tested) — roughly 147% above the area median.

Median household income: $69,500
Population: 28,975
Median age: 49.2
Owner / renter: 66% / 34%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA N4K)

$879,000

For sale

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Financing

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Highway 6 And 10 Highway South, Georgian Bluffs - Retail for Sale