



$7,500,000
Selwyn
1575 Chemong Road, Selwyn, Ontario, K9J6X2
This retail property in Selwyn is for sale offering roughly 75 sq ft of space.
Opportunity to Purchase a Prime Development Property with Significant Multiple Tenanted Income. Property Consists of 13,600 SF of Retail/Warehouse space, 20 Ft Clear Height (currently on a 10 year lease with renewal options) 1,400 SF of Second Level Office, Truck Level Loading Dock W/ Shipping Area. Acres of Lined Paved Parking Lot and Paved Storage Yard That is Partially Fenced, Over Head Canopy Lighting. 3 Phase Power on Site. Storm Water Management Ponds and on Site Water Hydrant. Includes 4 - 5,000 Sqft Quonset Huts W/ Hydro, Tenant Occupied. Total Property is 74.5 Acres with Approximately 10 Acres Zoned C1-423, 10 Acres Official Plan Commercial and 50 Acres Agricultural. Significant Upside Revenue Stream to Continue with Sports Complex plans and a Large Format Sports Dome May be Available to Purchase Separately. Available Upon Signed CA are Income and Expense Statements, 2019 Phase 1 Environmental Report, and Other Related Documents. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 497 days on market, against an average age of 81 days across the listings currently for sale in this city
This retail in Selwyn 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 $7,500,000, about 103.4× the local median household income of $72,500.
Carrying it typically needs a household income of about $1,465,013 (20% down, 25-yr amortization, stress-tested) — roughly 1921% above the area median.
Source: Statistics Canada, 2021 Census (FSA K9J)
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