$989,900
Highlands East
3952 Loop Road, Highlands East (Cardiff Ward), Ontario, K0L1X0
This retail property in Highlands East is for sale. It has been on the market 78 days, fresher than the Highlands East average of 119 days.
Harcourt - LIVE. WORK. INVEST. EXPAND. An exceptional opportunity for entrepreneurs, investors and business owners looking for space, flexibility and a rare combination of zoning-all on one expansive 60 acre property. Properties offering this level of versatility are difficult to find. Featuring Highway Commercial, Rural Residential & Disposal Industrial (MD) zoning, this unique property offers a rare combination of permitted land uses and future possibilities, subject to applicable approvals. At the heart of the property is approximately 6,000 sq. ft. of commercial garage & warehouse space, currently home to an successful operational automotive shop. The existing tenant provides immediate rental income, while the substantial commercial space offers the flexibility to retain the tenant, establish your own business or explore future opportunities. Property also includes a well maintained 3 bedroom, 2 bathroom bungalow, offering additional flexibility for an owner/operator, employee housing, rental income or a live-and-work lifestyle. Dedicated commercial access & a natural berm provide separation between the business and residential areas. With 60 acres, substantial commercial infrastructure, an income-producing tenant, residential accommodations and this highly unusual zoning combination, the possibilities are extensive. Operate your business. Generate rental income. Live on-site. Expand your vision. A rare opportunity to own a truly multi-use property where the possibilities are as expansive as the land itself. Access to the Rec trail is across the road sledding and ATVing. SEE DOCUMENTS FOR ZONING MAPS AND RECENT UPGRADES TO PROPERTY (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 78 days on market, against an average age of 119 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 94.3 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This retail in Highlands East (Cardiff Ward) has been listed for 78 days, which is 41 days fresher than the city average of 119. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $989,900, about 12.5× the local median household income of $79,000.
Carrying it typically needs a household income of about $193,362 (20% down, 25-yr amortization, stress-tested) — roughly 145% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0L)
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