$549,000
Whitestone
1294 Highway 520, Whitestone, Ontario, P0A1G0
This 3-bedroom, 2-bathroom home in Whitestone is for sale. Listed at $549,000, it is attractively priced about 8% below the $599,000 median asking price in Whitestone.
LIVE-IN COMMERCIAL OPPORTUNITY Rarely does a property offer the opportunity to live, work and invest all in one location. Set on over 1.9 acres along Highway 520 and locally known as the "Loggers Station" this unique property combines a spacious residential apartment with an established commercial space offering endless potential. The approximately 1,300 sq ft apartment features 3 bedrooms, 2 bathrooms, two separate entrances, forced-air propane heating and central air conditioning. Inside you'll find a full kitchen, living and dining areas and a convenient kitchenette/mudroom. Step outside to enjoy the private back deck complete with a hot tub. Complementing the residential space is approximately 4,493 sq ft of versatile commercial space previously operated as a restaurant, retail store, fuel station and take-out counter. The restaurant offers seating for approximately 60 guests and includes a fully equipped commercial kitchen, bar area, pool table and multiple dart boards. The retail space features shelving, display areas, fridges, freezers and direct access to the take-out window. Outside two 2,500-litre fuel tanks add further utility and convenience. Ideally situated with direct access to the snowmobile trail system and nearby lake communities this property offers a strategic location for a variety of uses. Whether you're seeking a live-work lifestyle, staff accommodation, rental income potential or space to bring your own business vision to life this well-known local landmark presents a truly unique opportunity in a highly accessible recreational area. Note: HST is in addition to the purchase price. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 139 days on market, against an average age of 102 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 73 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 91.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 3-bed single family in Whitestone 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 $549,000, about 8.1× the local median household income of $68,000.
Carrying it typically needs a household income of about $107,239 (20% down, 25-yr amortization, stress-tested) — roughly 58% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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