Unique commercial/residential opportunity in the heart of Claremont. Situated on a prominent corner parcel at Old Brock Rd and Wellington St, 4973 Old Brock offers over 1,500 sq. ft. of existing building area together with ORM-C2-3 / ORM-R5 zoning and flexibility for a range of potential commercial, residential and live/work uses. The ORM-C2-3 portion permits a variety of uses including office, professional office, clinic, day nursery, personal service, restaurant, retail and other commercial uses, while site-specific Exception X349 also permits a detached dwelling. The existing 3-bedroom, 3-bathroom building provides a functional base for an owner-user, investor, professional office, service business, renovator or builder seeking a property with long-term flexibility. Recent improvements include a new septic system. The property benefits from substantial frontage on both Old Brock Rd and Wellington St and offers strong visibility within the established Hamlet of Claremont, with convenient access to Pickering, Stouffville, Markham and Highway 407. Property is being offered in its current condition. Buyers to conduct their own due diligence regarding zoning, permitted uses, servicing, parking, building requirements and future development potential. (id:66096)
Property Details
MLS®
E13741586
Property Type
Retail
Zoning
ORM-R5/ORM-C2-3 X349
Lot Size
29,621 sq ft (0.68 ac)
Frontage
157 ft
Heating
Forced air, Natural gas
Cooling
None
Property Tax
$10,832.04/yr
Listed
62 days ago
Features
Appliances
Window Coverings
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
62d
Pickering listings, avg age
51d
List price
$949K
Long Listed: 62 days on market, against an average age of 51 days across the listings currently for sale in this city
Market timing · days on market0 → 51d avg age of current listings
Long Listed · day 62
Homes here sell faster than most markets
Sold homes in this market spent an average of 30 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
Haho
This retail in Pickering is available now. Want me to connect you with the agent or keep you posted on any price updates?
Listed by REMAX YOUR COMMUNITY REALTY · BRETT PERREAULT
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (L1Y)
This home lists at $949,000, about 7.1× the local median household income of $133,000.
Carrying it typically needs a household income of about $185,373 (20% down, 25-yr amortization, stress-tested) — roughly 39% above the area median.
Median household income
$133,000
Population
1,976
Median age
47.6
Owner / renter
79% / 21%
Avg. household size
2.8
Source: Statistics Canada, 2021 Census (FSA L1Y)
$949,000
For sale
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Financing
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