88 32 HIGHWAY N, Front of Leeds & Seeleys Bay

$5,499,900

For sale: Other

Other at 88 32 HIGHWAY N, Front of Leeds & Seeleys Bay
Property type
Commercial Retail
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® X13772458
Neighbourhood
02 - Front of Leeds & Seeleys Bay

The Kouri's Kopters & 1000 Islands Helicopter Tours represents a rare opportunity to acquire a strategically located tourism, aviation, and commercial real estate asset in one of Canada's premier visitor destinations. Situated on approximately 41 acres with direct exposure to Highway 401, the property combines an established aviation operation with significant long term redevelopment potential. The offering includes the real estate, aviation infrastructure, visitor facilities, flight training operation, tourism business, and related assets, providing investors with multiple avenues for revenue generation and future growth. The property's location within the internationally recognized 1000 Islands tourism region positions it to benefit from strong seasonal & year round visitation while offering substantial opportunities potential growth & Development. Since commencing operations in May 2011, the business has established itself as a recognized helicopter tour operator serving the 1000 Islands region. Operations currently include scenic helicopter tours, charter services, flight training (Thousand Islands Flight Training) and aviation-related activities utilizing one Robinson R44 helicopter. The facility features a modern hangar, visitor reception centre, administrative offices, aircraft support facilities, and ample land for future expansion. Unlike many aviation properties, this offering should not be viewed solely as the acquisition of an operating helicopter business. The combination of tourism commercial zoning, (CT-21 Tourist Commercial Special Zone) excellent highway visibility, and existing infrastructure creates an opportunity to reposition the property for a variety of higher and better uses, subject to municipal approvals. Potential uses may include expanded tourism attractions, hospitality development, destination retail, recreational facilities, aviation services, and other commercial ventures that capitalize on the property's exceptional location.

Sold data

Homes in Front of Leeds & Seeleys Bay — recent sold market

Homes in Front of Leeds & Seeleys Bay took a median of 31 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 60, across 51 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 34 days.

The median sale price was $629,000.

Homes sold for about 1.9% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
31
Median sale price
$629,000
Sale-to-list ratio
98.1%
Sold above asking
8%

Based on 51 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.

Currently for sale

Homes for sale near 88 32 HIGHWAY N