23565 LAKE RIDGE ROAD, Brock (Cannington)

$799,900

For sale: Other

Other at 23565 LAKE RIDGE ROAD, Brock (Cannington)
Property type
Sale Of Business
MLS®
MLS® N14096210
Neighbourhood
Cannington

Exceptional opportunity to operate a thriving convenience store in Lake Simcoe area. Located in a developing town, this business benefits from high-margin grocery items, with cigarette sales comprising only 20% of revenue. Close proximity to the GTA and numerous nearby cottages create strong customer demand. Includes a 3-bedroom apartment, ample parking, and excellent visibility. Additional revenue opportunities may be realized by introducing product lines such as beer, flowers, or other complementary items. Conveniently located within a reasonable distance from Toronto, the property benefits from strong underlying real estate value and also offers flexibility for conversion to other commercial uses.

Sold data

Homes in Cannington — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 27 days.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.

Median days to sell
16
Median sale price
$659,000
Sale-to-list ratio
97.7%
Sold above asking
14%

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

Homes for sale near 23565 LAKE RIDGE ROAD