$938,000
For sale: Other

Prime Investment Opportunity on the Busy Hwy 6 & Hwy 10 Corner in Growing Chatsworth! Exceptional high-visibility corner property (just under half an acre) located right at the intersection of Hwy 6 and Hwy 10 with 25,000-30,000 cars passing daily. This package includes 3 separate buildings plus ample parking for 20+ vehicles, offering immediate cash flow and outstanding redevelopment potential for investors or end users.The main 1,800 sq ft commercial building is perfectly set up for a restaurant with seating for 30-40, two restrooms. It includes two industrial exhaust fans and other commercial kitchen equipment. Multiple renovations have already been completed - just add your finishing touches to open for business. Above the commercial space is a 2 bdrm, 2 bath loft apartment. In addition, there is a solid 2-storey duplex with single car garage. All buildings have forced air gas heat and are on municipal water. The stone house offers extra rental income or can be torn down for new multi-residential or additional commercial construction. Buyers to do their own due diligence! This is a rare opportunity to own a high-traffic highway corner with proven rental upside, strong existing income potential from the restaurant and residential units, and room to expand. New community centre being built adjacent to the property. Ideal live/work/invest package in a growing area. Sold as is, where is. Don't miss out! See Branded Video
Sold data
Homes in Chatsworth took a median of 42 days to sell over the last 365 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 82, across 90 recorded sales.
The median sale price was $694,450.
Homes sold for about 4.3% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
Based on 90 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.
Schools
Chatsworth has 1 Fraser Institute–rated school (1 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
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