20 QUEEN STREET, Innisfil (Cookstown)

$950,000

For sale: Detached

Detached at 20 QUEEN STREET, Innisfil (Cookstown)
Property type
Detached
Bedrooms / bathrooms
3 bedrooms, 1 bathroom
Living area
1,500 sqft
MLS®
MLS® N13682422
Neighbourhood
Cookstown

Welcome to this iconic building on Queen Street in the heart of Cookstown! A rare investment and development opportunity located just minutes from Highway 400 and surrounded by new residential development. Situated on an impressive 30 x 220 ft double lot with excellent exposure at Queen Street and Wellington Street, this freestanding commercial/residential property offers tremendous potential for investors, builders and end users. The property features an established barber shop tenant on a 5-year lease at $1,000/month plus HST, providing immediate rental income. The residential portion includes a spacious 3-bedroom apartment that can be refurbished and rented for additional income. Unfinished basement provides further potential, with driveway and access to the rear of the property. What truly sets this property apart is the potential severance opportunity at the rear to create an additional residential building lot and potentially build another home, subject to municipal approval. The depth of the property and double-lot configuration create possibilities rarely available in this area. Hold, renovate, generate income, explore the severance potential, or position yourself for the continued growth of Cookstown. Opportunities like this are becoming increasingly difficult to find. Excellent location, existing income and future development potential all in one property. Property is being sold As Is, Where Is.

Sold data

Homes in Cookstown — recent sold market

Homes in Cookstown took a median of 40 days to sell over the last 730 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 66, across 42 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 66 days.

The median sale price was $719,950.

Homes sold for about 4.9% below asking on average, so there was room to negotiate.

About 17% of sales closed above the list price.

Around 17% of sellers reduced their price before finding a buyer.

Median days to sell
40
Median sale price
$719,950
Sale-to-list ratio
95.1%
Sold above asking
17%

Based on 42 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Innisfil (Cookstown)

Innisfil (Cookstown) has 6 Fraser Institute–rated schools (5 elementary and 1 secondary), averaging 5.0/10.

Rated schools
6
Elementary
5
Secondary
1
Average rating
5.0 / 10

Top-rated schools in Innisfil (Cookstown)

  • St Francis of Assisi — elementary, InnisfilFraser rating 5.9/10
  • Goodfellow — elementary, InnisfilFraser rating 5.1/10
  • Alcona Glen — elementary, InnisfilFraser rating 4.9/10
  • Nantyr Shores — secondary, InnisfilFraser rating 4.9/10
  • Holy Cross — elementary, InnisfilFraser rating 4.7/10
  • Lake Simcoe — elementary, InnisfilFraser rating 4.2/10

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

Currently for sale

Homes for sale near 20 QUEEN STREET