$875,000
Scugog
5 Pier Street, Scugog, Ontario, L0B1E0
This retail property in Scugog is for sale offering roughly 3,324 sq ft of space. It has been on the market 1 day, fresher than the Scugog average of 66 days.
Unlock versatility, cash flow, and location value with this rare property just minutes outside Port Perry! Located in Caesarea, this commercial investment or live/work opportunity boasts flexible C1 zoning and opens the door to endless entrepreneurial possibilities-including a destination restaurant, bakery, contractor yard, professional office, entertainment venue, medical or veterinary clinic, fitness studio, or retail space. Formerly a long-standing local convenience market, this versatile site features almost 1,800 sq ft of wide-open, blank-canvas ground-floor space with excellent road exposure. Upstairs, a spacious 4-bedroom 2-bath residential unit features a bright living room with hardwood flooring, massive primary bedroom with ensuite bath and walk in closet, ensuite laundry, a walkout covered deck overlooking a peaceful garden setting. An expansive, bonus heated garage workshop provides the dream setup for a workshop, light service operations, creative art studio and more. Generous on-site parking easily accommodates storage needs, work trucks, vans, and customer vehicles. This property is perfect for living on-site with a zero-minute commute or leasing out for a reliable passive income stream to offset your mortgage. Updated roof, and 2 brand new furnaces servicing each level. Whether you want to stop paying commercial rent, establish your business headquarters, store equipment, or secure a dual-income investment asset, this property delivers exceptional square footage and functional utility close to major regional hubs. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 1 day on market, against an average age of 66 days across the listings currently for sale in this city
This retail in Scugog has been listed for 1 day, which is 65 days fresher than the city average of 66. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $875,000, about 7.9× the local median household income of $111,000.
Carrying it typically needs a household income of about $170,918 (20% down, 25-yr amortization, stress-tested) — roughly 54% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0B)
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