Description

Exceptional Commercial Investment Opportunity - $2,299,000. Zoned C3-373 Highway Commercial, site-specific. Offering outstanding flexibility in a highly accessible location near Lakefield. Features include 10 individually heated, secure storage units with 16-foot ceilings, plus a 3-bedroom, 2-bathroom + in-law suite residence offerings live-work or rental income potential. The property is set on an attractive parcel with a scenic pond and room for expansion. Ideally located near the Village of Lakefield and just 15 minutes from Peterborough. (id:66096)

Property Details

MLS®: X13694990
Property Type: Retail
Business Type: Service
Zoning: C3-373
Lot Size: 3.02 acres
Frontage: 200 ft
Heating: Radiant heat
Cooling: None
Property Tax: $10,502/yr
Listed: 76 days ago

Market Timing

Days on market

76d

Selwyn listings, avg age

81d

List price

$2.30M

Haho

This retail in Selwyn has been listed for 76 days, which is 5 days fresher than the city average of 81. Act while there is still low competition.

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Area context

Neighbourhood profile (K0L)

This home lists at $2,299,000, about 29.1× the local median household income of $79,000.

Carrying it typically needs a household income of about $449,075 (20% down, 25-yr amortization, stress-tested) — roughly 468% above the area median.

Median household income: $79,000
Population: 78,142
Median age: 54
Owner / renter: 88% / 12%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K0L)

$2,299,000

For sale

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Financing

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1738 8th Line, Selwyn - Retail for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K0L)

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