23721 HIGHWAY 48, Georgina (Baldwin)

$5,888,000

For sale: Other

Other at 23721 HIGHWAY 48, Georgina (Baldwin)
Property type
Commercial Retail
MLS®
MLS® N12880728
Neighbourhood
Baldwin

A Great Commercial Opportunity on Highway 48, with an excellent exposure and an enormous amount of opportunities for present and future use. Baldwin Plaza consist of 10.65 Acres with 38.234 sq. ft of rented space with an amazing return, with 9 tenants ( the last unit of 3200 sq ft was just rented for a 10 year term ) varying from National Coffee Shop to Restaurants, Convenient Store, Gym, Motel and a significant amount of parking and extra space that could possibly be used in the future. In the sale of the property it is also included the 7090 sq ft Motel Business, with 19 rooms most of them renovated. None of the other businesses or any chattels belonging to the tenants are included in the purchase price.

Sold data

Homes in Georgina (Baldwin) — recent sold market

Homes in Georgina (Baldwin) took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 49, across 200 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.

The median sale price was $799,000.

Homes sold for about 3.2% below asking on average, so there was room to negotiate.

About 10% of sales closed above the list price.

Around 27% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$799,000
Sale-to-list ratio
96.8%
Sold above asking
10%

Based on 200 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 23721 HIGHWAY 48