9 KING STREET W, Clarington (Bowmanville)

$1,300,000

For sale: Other

Other at 9 KING STREET W, Clarington (Bowmanville)
Property type
Sale Of Business
MLS®
MLS® E13682512
Neighbourhood
Bowmanville

A rare opportunity to acquire both a well-established business and a strategically located commercial/residential property in the heart of Bowmanville. Prime downtown Bowmanville location. Three-storey commercial/residential building. Established business operation for approximately 25 years. Strong repeat customer base and established goodwill. Significant new residential construction and development taking place in the surrounding area. Growing population and expanding customer base. Excellent exposure and surrounded by established business. Easy access to Highway 401. Growing Bowmanville community with long term development potential. Seller retiring. Vendor take back Mortgage, financing may be available to a qualified buyer.

Sold data

Homes in Bowmanville — recent sold market

Homes in Bowmanville took a median of 18 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 29, across 158 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 29 days.

The median sale price was $692,950.

Homes sold for about 1.7% below asking on average, so there was room to negotiate.

About 26% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
18
Median sale price
$692,950
Sale-to-list ratio
98.3%
Sold above asking
26%

Based on 158 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 9 KING STREET W