689-697 MAIN STREET E, Hawkesbury

$649,900

For sale: Other

Other at 689-697 MAIN STREET E, Hawkesbury
Property type
Commercial Retail
MLS®
MLS® X13136760
Neighbourhood
612 - Hawkesbury

695 Main Street West presents a rare and exceptional development opportunity in the heart of growing Hawkesbury. Strategically located on a prime corridor with excellent visibility and accessibility, this expansive lot offers immediate potential for investors, developers, and builders alike. Currently zoned to permit a 24-unit residential building as-of-right, the property also stands to benefit from evolving provincial legislation aimed at increasing housing density, creating the possibility for even greater future development potential. Adding immediate value to the site is a massive on-site storage shed with strong income-generating capability, offering approximately $2,500/month in potential rental revenue. Whether utilized for contractor storage, commercial use, or supplementary passive income, the structure provides flexibility and added cash flow while development plans are underway. Ideally situated close to shopping, schools, restaurants, parks, healthcare services, and major transportation routes, this property combines convenience, long-term upside, and strong investment fundamentals in one of Eastern Ontario's emerging growth markets. Opportunities like this are increasingly rare - secure a high-potential development site with existing income and significant future upside today.

Sold data

Homes in Hawkesbury — recent sold market

Homes in Hawkesbury took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 44, across 48 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 30 days.

The median sale price was $374,950.

Homes sold for about 2.3% below asking on average, so there was room to negotiate.

About 21% of sales closed above the list price.

Around 31% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$374,950
Sale-to-list ratio
97.7%
Sold above asking
21%

Based on 48 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.

Schools

Schools in Hawkesbury

Hawkesbury has 4 Fraser Institute–rated schools (2 elementary and 2 secondary), averaging 5.7/10.

Rated schools
4
Elementary
2
Secondary
2
Average rating
5.7 / 10

Top-rated schools in Hawkesbury

  • Le SommetsecondaryFraser rating 7.3/10
  • HawkesburysecondaryFraser rating 7.0/10
  • Nouvel HorizonelementaryFraser rating 5.3/10
  • Paul VIelementaryFraser rating 3.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 689-697 MAIN STREET E