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$1,100,000
Severn
2565 Quarry Road, Severn, Ontario, L0K2C0
This industrial property in Severn is for sale offering roughly 3,600 sq ft of space.
This is a 9 acre industrial or investment property boasts a shop approximately 3000 sq ft and a separate office building. Shop is heated by propane and office is electric. Fantastic location to set up your business or satellite construction spot. Close to Hwy 400 for easy access and Quarry Road is a truck haul route. Shop has two separate bays each approximately 30 x 60 ft along with storage areas, bath and partial 2nd floor storage area. Office has an open reception area, 3 other rooms and bath. The shop has its own well and septic and the office has its own septic. Some permitted uses (to be verified) are building supply, farm supply, greenhouse, marina sales, motor vehicle service station, self storage and wholesaling uses to name a few. Many opportunities are waiting for you. Shop is three phase electrical; step down transformer; built in the 1970's. Shop has 600 amp 3 phase power. Office has 100 amp electrical; built in the 1980's. Boundary survey available / no building location survey. Clear ceiling height is estimated. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 337 days on market, against an average age of 89 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This industrial in Severn 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 $1,100,000, about 12.5× the local median household income of $88,000.
Carrying it typically needs a household income of about $214,869 (20% down, 25-yr amortization, stress-tested) — roughly 144% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0K)
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