For Sale

4294 Hwy 7 N/A, Asphodel-Norwood, Ontario K0L 2V0

$749,900

4294 Hwy 7 N/A, Asphodel-Norwood, Ontario K0L 2V0 is For Sale and has a listing price of 749,900. The property is located in the Asphodel-Norwood . It's been on the website for 60 Days.

  • MLS ID: X10431856
  • Office Name KIC REALTY
Property Description

NORWOOD COMMERCIAL INVESTMENT OPPORTUNITY!Seize this outstanding investment featuring a prime commercial building on bustling Highway 7, complete with a thriving restaurant tenant and two separate income-producing apartments. Exceptional visibility in a high-traffic location, attracting over 9,000 vehicles daily. Highlights Include: Established and successful restaurant tenant providing immediate income Two additional apartments: ideal for extra rental income or live in one and rent the otherLarge paved parking lot with convenient multiple entrances directly off Highway 7Durable and low-maintenance brick veneer construction with a metal roofDesirable C-1 Zoning suitable for numerous commercial usesImmediate possession available with tenant assumptionCapitalize on this prime location offering maximum highway exposure, consistent rental income, and versatile investment potential. Act now to secure this exceptional Norwood property!

Property Details
  • MLS ID: X10431856
  • Price: $749,900
  • Lot Depth: 397
  • Transaction Types: For Sale
  • Ref ID: X10431856
  • Year Built: N/A
  • Dir / Cross St: CEDAR ST
  • Status: Active
  • Tax Year: 2023
  • Property Type: Commercial
  • Property Sub Category: Commercial Apartment
Price History
List Date MLS ID List Price Status End Date Closed Price
11/20/2024 X10431856 $749,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Asphodel-Norwood
  • $822,505 Average List Price
    based on 1 year
  • 1 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 113.98 % Up
  • Sold (12mo) 34
  • Rented (12mo) 3

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 50 Walk Score
    Somewhat Walkable
  • 33 Bike Score
    Somewhat Bikeable
Additional Details
  • Heat Type Baseboard
  • Garage Type Y
  • Taxes: $3,242
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: IMMEDIATE
  • Listing Entry Date: 20/11/2024 14:13:54
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