Unique COMMERCIAL That Brings Income From Day One! 2.5 Acre Lot With 2 Private Entrances From The HWY 11 - Rare Dual-Zoned Opportunity At One Of Simcoe County's Most Strategic And High-Visibility Intersections. Corner Of Coopers Falls Road And Highway 11, Combines Highway Commercial (C4) Zoning With Residential Zoning Creating Unmatched Flexibility For Investors, Owner-Operators, And Developers Seeking A Versatile And Income-Generating Asset In A Premier Highway Corridor Location With Easy In-And-Out Access.The Property Is Fully Operational And Cash-Flowing From Day One, Generating Rental Income! Big Bonus Fully Renovated 3-Bedroom, 2-Bathroom Detached Home, Can Be Occupied By Owner Or Rented For Extra Income. Whether You Are An Investor Seeking Immediate Returns Or An Owner-Operator Ready To Hit The Ground Running, The Financial Foundation Is Already Firmly In Place.The Commercial Infrastructure Features 2,500 Square Feet Of Industrial And Workshop Space With A 13.5ft Clear Height, A Double Detached Garage, Electric Forced Air Heating, And Well And Septic Services. The Irregular Lot Measures Approximately 417.61 X 260 Feet, Offering Generous Outdoor Storage And Excellent Expansion Potential. Existing Permitted Uses Include A Mechanic Shop With Accessory Motor Vehicle Sales And Outdoor Storage A Truly Turnkey Operation Ready To Scale.Highway Commercial C4 Zoning Supports A Wide Range Of High-Demand Uses Including Auto Dealership, Motor Vehicle Service Centre, Car Wash, Gas Station, Convenience Store, Drive-Through Business, Hotel Or Motel, Garden Centre, Marine Sales And Equipment, Material Supply Yard, Outdoor Display And Sales, Restaurant With Drive-Through Take-Out, And So Much More.The Residential Zoning Component Adds Further Long-Term Flexibility For Developers Considering Future Repositioning Or Mixed-Use Development.Strong Highway Exposure. Easy Accessibility. Flexible Possession. Immediate Income.This Is The Rare Combination Of Location, Infrastructure. (id:66096)
Property Details
MLS®
S13057868
Property Type
Retail
Zoning
C4
Lot Size
2.47 acres
Frontage
418 ft
Heating
Forced air
Cooling
Fully air conditioned
Property Tax
$3,395/yr
Listed
189 days ago
Services
Sewer
Septic System
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
189d
Severn listings, avg age
89d
List price
$1.19M
Long Listed: 189 days on market, against an average age of 89 days across the listings currently for sale in this city
Market timing · days on market0 → 89d avg age of current listings
Long Listed · day 189
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.
Haho
This retail 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
Nearby Places
Area context
Neighbourhood profile (P0E)
This home lists at $1,188,000, about 14.3× the local median household income of $83,000.
Carrying it typically needs a household income of about $232,058 (20% down, 25-yr amortization, stress-tested) — roughly 180% above the area median.
Median household income
$83,000
Population
3,606
Median age
54.4
Owner / renter
94% / 6%
Avg. household size
2.3
Source: Statistics Canada, 2021 Census (FSA P0E)
$1,188,000
For sale
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Financing
Need a commercial mortgage?
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
