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$ 589,000
Est. payment /mo
New
5490 HIGHWAY 620 Wollaston, ON K0L1P0
6 Beds
3 Baths
2,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $235
Subdivision Wollaston
MLS® Listing ID X12154524
Bedrooms 6
Source Central Lakes Association of REALTORS®
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 window fronts 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 cafe. Currently operating as a bait and tackle/hardware shop, the open retail space offers endless business possibilities, from boutique to cafe. 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 2021propane furnace. The property's robust electrical setup includes separate 200-amp panels for key areas and a 100-amp panel for the basement. (id:24570)
Location
Province ON
Rooms
Kitchen 3.0
Extra Room 1 Second level 3.8 m X 3.21 m Bedroom 4
Extra Room 2 Second level 3.2 m X 3.44 m Bedroom 3
Extra Room 3 Second level 2.9 m X 4.68 m Bedroom 2
Extra Room 4 Second level 3.2 m X 4.27 m Primary Bedroom
Extra Room 5 Second level 1.44 m X 2.03 m Bathroom
Extra Room 6 Second level 3.1 m X 5.66 m Living room
Interior
Heating Forced air
Exterior
Parking Features Yes
Community Features Community Centre
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2
Sewer Septic System
Listed by BOWES & COCKS LIMITED
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