623-655 LAURIER ST STREET, Clarence-Rockland

$1,995,000

For sale: Other

Other at 623-655 LAURIER ST STREET, Clarence-Rockland
Property type
Commercial Retail
MLS®
MLS® X14120654
Neighbourhood
606 - Town of Rockland

An exciting investment and development opportunity in the heart of Rockland! Offered together, 623-655 Laurier Street comprises two neighbouring properties with approximately 20,000 sq. ft. of combined land, featuring a tenanted commercial restaurant building and a two-unit residential property. The restaurant generates $54,000 in annual rental income, with approximately three years remaining on its current lease, while the two-bedroom apartments generate a combined $1,850 per month. With existing income in place, investors have the opportunity to hold the properties while exploring their future plans. Located in growing Clarence-Rockland, which experienced 8.1% population growth between 2016 and 2021, the properties benefit from proximity to local amenities, Dutrisac Park, the Ottawa River, and Highway 174 with convenient access to Ottawa and Orléans. Whether you're looking to maintain the existing uses, reposition the buildings, or explore future infill or mixed-use development potential, this versatile offering presents an opportunity worth investigating. The properties are held under separate titles and have different zoning designations.

Sold data

Homes in Town Of Rockland — recent sold market

Homes in Town Of Rockland took a median of 37 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 70, across 44 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 76 days.

The median sale price was $549,950.

Homes sold for about 2.1% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 34% of sellers reduced their price before finding a buyer.

Median days to sell
37
Median sale price
$549,950
Sale-to-list ratio
97.9%
Sold above asking
11%

Based on 44 recorded sales in the last 90 days — 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 623-655 LAURIER ST STREET