$399,900
For sale: Other

Fully renovated mixed-use investment property in downtown Deseronto offering two residential units and a vacant commercial space. The two-bedroom unit is leased for $1900/month including utilities and the one-bedroom unit for $1,650/month including utilities; both leases expire January 1, 2027. The vacant commercial space offers owner-user potential or estimated rent of $800/month. Approximately 1500 sq. ft. on a 24.95 x 130.7 ft. lot with municipal water and sewer, baseboard heat and air conditioning. Renovations completed with permits and final inspections available. Residential showings require 24 hours' notice and seller confirmation. Buyer to verify permitted uses, measurements, taxes and potential commercial rent. Amazing lake view from balcony and/or backyard. Steps to the lake.
Sold data
Homes in Deseronto Town took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 54, across 31 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 55 days.
The median sale price was $364,900.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 26% of sellers reduced their price before finding a buyer.
Based on 31 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
Deseronto (Deseronto (Town)) has 2 Fraser Institute–rated schools (2 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
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