88 Main Street, Sundridge, Ontario, P0A1Z0
No similar listings for sale right now.
$730,000
Sundridge
This retail property in Sundridge is for sale offering roughly 3,600 sq ft of space. It has been on the market 0 days, fresher than the Sundridge average of 57 days.
Strategic commercial multi-use investment asset positioned in the high-visibility downtown core of Sundridge. Located at 88 Main Street, this versatile property features a sought-after four-unit configuration, offering an ideal portfolio balance of two premium main-floor commercial retail/office spaces and two independent, spacious upper-level residential apartments. By balancing commercial tenancies with high-demand residential rentals, this diversified income profile significantly mitigates vacancy risk while securing multi-stream cash flow. Well-maintained and offering a low-maintenance operational structure, this asset provides an excellent turnkey solution for a hands-off investor or an exceptional live-work opportunity for an owner-user. Situated steps from central municipal amenities, this represents a premier acquisition opportunity for private wealth or commercial real estate investors looking to expand into a growing Northern Ontario market. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 57 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 97.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This retail in Sundridge has been listed for 0 days, which is 57 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $730,000, about 10.7× the local median household income of $68,000.
Carrying it typically needs a household income of about $142,595 (20% down, 25-yr amortization, stress-tested) — roughly 110% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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