12497A HIGHWAY 41, Addington Highlands (Addington Highlands)

$1,125,000

For sale: Other

Other at 12497A HIGHWAY 41, Addington Highlands (Addington Highlands)
Property type
Commercial Retail
MLS®
MLS® X13688752
Neighbourhood
62 - Addington Highlands

Meticulously maintained rural mixed-use gem with strong holding income. Located at 1249A Hwy #41in Northbrook, this 5,768 sq. ft. multi-tenant mixed-use building offers an exceptional turn-key opportunity for an active investor or hands-on landlord. Fully occupied with long-term residential and commercial tenants, this property features 1 large anchor office tenant, 2 smaller office suites, and 2 residential apartments-delivering a diversified, reliable income stream. Cared for meticulously by the current owners, the building boasts a long list of recent capital upgrades (see attached Information Sheet for full details). Situated on a high-visibility corridor, this investment also offers a rare growth play: the adjacent lot is available for purchase separately, providing immediate room for expansion, additional parking, or future development. Ideal for an investor seeking high-pride-of-ownership with stable returns in a growing rural hub. Showings by appointment only. Do not disturb tenants, and the current tenants are not relocating.

Sold data

Homes in Addington Highlands (Addington Highlands) — recent sold market

Homes in Addington Highlands (Addington Highlands) took a median of 53 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 93, across 59 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 78 days.

The median sale price was $299,000.

Homes sold for about 6.5% below asking on average, so there was room to negotiate.

About 7% of sales closed above the list price.

Around 36% of sellers reduced their price before finding a buyer.

Median days to sell
53
Median sale price
$299,000
Sale-to-list ratio
93.5%
Sold above asking
7%

Based on 59 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 12497A HIGHWAY 41