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$1,199,000
Parry Sound Remote Area
6950 Hwy. 534, Parry Sound Remote Area (Restoule), Ontario, P0H2R0
This retail property in Parry Sound Remote Area is for sale offering roughly 7,080 sq ft of space.
Opportunity Awaits! Nestled along Highway 534 in the scenic locale of Restoule, Ontario, Gerry's General Store presents a vibrant, full-service local hub with rich history and broad appeal. Live, Work and Play! You'll never need to leave your property! Live: in the lovely 3 Bedroom, 2 Bath 2,080 sq ft residential unit that comes complete with lovely outdoor space boasting large, recently replaced deck. Work: at your very own General Store that comes with a long-established and trusted presence in the community! Play: Step into your very own dream workshop. 60' x 40' with 16' ceiling height, it is a space where weekend projects, creative passions, and big ideas finally have room to come to life! 1,200 sq ft loft in the shop offers a wonderful flex space great for home gym, bar, lounge or art studio! If that wasn't enough to make you never want to leave, take in the breathtaking views of beautiful Commanda Lake across the road. You certainly don't want to miss this one! (id:66096)
Long Listed: 159 days on market, against an average age of 103 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 75 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 92.7 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This retail in Parry Sound Remote Area (Restoule) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,199,000, about 15.0× the local median household income of $80,000.
Carrying it typically needs a household income of about $234,207 (20% down, 25-yr amortization, stress-tested) — roughly 193% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0H)
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