$849,900
For sale: Other

Exceptional Investment Opportunity in the Heart of Downtown Cannington! Own a prime commercial/residential property featuring two large buildings with strong income potential. The approximately 4,000 sq. ft. retail space is currently leased to Home Hardware. Above are five residential apartments, all currently occupied on month-to-month leases, offering flexibility for future rental adjustments or redevelopment plans. Ample on-site parking, full municipal services, and a highly visible downtown location add to this property's appeal. Conveniently located with an easy commute to the GTA, this is an excellent opportunity for investors seeking immediate income, long-term appreciation, or a future hold in a growing community.
Sold data
Homes in Cannington took a median of 16 days to sell over the last 730 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 33, across 43 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 27 days.
The median sale price was $659,000.
Homes sold for about 2.3% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 43 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Currently for sale

$849,900
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