$894,900
Kearney
1734 Highway 518 E Highway, Kearney, Ontario, P0A1M0
This retail property in Kearney is for sale offering roughly 3,344 sq ft of space. It has been on the market 49 days, fresher than the Kearney average of 102 days.
Live and Earn in the Heart of Cottage Country! Escape to Kearney, Ontario, with this unique 10-acre live/work property offering exceptional exposure. Kearney has 3 access points to Algonquin Park, trails, and over 20 local lakes. Property Highlights: Both Commercial and Rural zoning. The commercial building features two main-floor commercial units with individual washrooms and one commercial kitchen (perfect for existing tenants, your own business, or multi-family conversion). While the residential unit includes a spacious 5-bedroom, 1-bathroom upper-level apartment ideal for owner-occupancy or additional rental income.Three fully furnished, 4-season authentic Mongolian yurts situated in a private wildflower meadow, currently operating as year-round short-term rentals.The yurts include all furnishings and accessories (some personal items excluded). Located in a prime location, peaceful acreage, in-town convenience, within walking distance to Kearney's general store, beach, and boat launch. Only 25 minutes from Huntsville's amenities and major shopping centres. Whether you are an investor, entrepreneur, or someone dreaming of a lifestyle business in one of Ontario's premier outdoor destinations, this property offers many possibilities. Do not show up to view the property without booking an appointment with a licensed Real Estate Agent; also, do not show up early to any booked appointments. Vehicles need to be parked in the parking lot; do not drive through the property, thank you! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 49 days on market, against an average age of 102 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 69 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 90.3 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This retail in Kearney has been listed for 49 days, which is 53 days fresher than the city average of 102. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $894,900, about 13.2× the local median household income of $68,000.
Carrying it typically needs a household income of about $174,805 (20% down, 25-yr amortization, stress-tested) — roughly 157% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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