For Sale

5490 Hwy 620 N/A, Wollaston, Ontario K0L 1P0

$589,000

5490 Hwy 620 N/A, Wollaston, Ontario K0L 1P0 is For Sale and has a listing price of 589,000. The property is located in the Wollaston neighbourhood . It's been on the website for 114 Days.

  • MLS ID: X12023348
  • Office Name BOWES & COCKS LIMITED
Property Description

A Prime Commercial Opportunity in the Heart of Coe Hill Discover a remarkable investment opportunity with this versatile C3-zoned property, perfectly positioned in the vibrant community of Coe Hill. This multi-use building offers two levels of prime retail space, three modern apartments, and a spacious workshop, making it an ideal choice for entrepreneurs and investors alike. Situated steps from a grocery store, LCBO, park, and fire hall, minutes from Wollaston Lakes public beach, the location ensures excellent foot traffic and visibility. Large windowfronts enhance curb appeal and provide opportunities for eye-catching displays, drawing in potential customers. The upstairs apartment features two bedrooms, eat-in kitchen, a dining area, and a 3 piece bath, offering a comfortable living space. The main-level one-bedroom unit includes a four-piece bath, private entry, a 200-amp panel/meter, laundry, and electric heating. The owners suite, which can also serve as a rental, includes a main-floor bedroom, two additional upstairs bedrooms, a four-piece bath, propane heat, an electric fireplace, and laundry. For added flexibility, the two upstairs bedrooms in the owners suite can be combined with the upstairs apartment, creating a spacious four-bedroom unit. The basement is full of potential, featuring a health-inspected kitchen, wood flooring, a 100-amp panel, and space for an additional bathroom. Its ideal for conversion into another apartment, office, or café. Currently operating as a bait and tackle/hardware shop, the open retail space offers endless business possibilities, from boutique to café. A rear workshop provides storage or workspace, seamlessly connecting to the retail area. Additional features include a 2022 septic system with expansion capacity, a steel roof, included appliances, a well with a heated box, and a 2021 propane furnace. The property’s robust electrical setup includes separate 200-amp panels for key areas and a 100-amp panel for the basement.

Property Details
  • MLS ID: X12023348
  • Price: $589,000
  • Lot Depth: 125
  • Transaction Types: For Sale
  • Ref ID: X12023348
  • Year Built: N/A
  • Dir / Cross St: Main Street Coe Hill
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 100+
  • Property Type: Commercial
  • Property Sub Category: Commercial Apartment
Price History
List Date MLS ID List Price Status End Date Closed Price
05/16/2025 X12154524 $589,000 For Sale - -
03/17/2025 X12023348 $589,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Wollaston
  • $532,442 Average List Price
    based on 1 year
  • 0 New Listings
    based on 30 days
  • 25 Median Days on Market
    based on 1 year
  • List vs. Selling Price 101.5 % Up
  • Sold (12mo) 9
  • Rented (12mo) 0

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • - Walk Score
    Car-Dependent
  • 19 Bike Score
    Somewhat Bikeable
Additional Details
  • Heat Type Propane Gas
  • Garage Type Other
  • Parking Spaces: 3
  • Taxes: $3,164
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 60-90 days
  • Listing Entry Date: 17/03/2025 15:50:48
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