52 SYKES STREET S, Meaford

$620,000

For sale: Other

Other at 52 SYKES STREET S, Meaford
Property type
Store W Apt/Office
MLS®
MLS® X12864904
Neighbourhood
Meaford

DO NOT miss this free standing, mixed use, commercial/residential property! Be your own boss of a profitable turn-key business or turn it into your own specialized offices or retail store. It is great investment opportunity! It is located in high traffic area of the charming town of Meaford. More developments are on the way and good potential of growing business. The building contains a profitable convenience store on the 1st floor, many loyal customers and only fishing &bait products available for sale in the town, attracting many fishing lovers!! The store offers varieties of merchandizes, lotto, Bitcoin, fishing baits, Beer etc. Tobacco counts for lower percentage of sales and boosts the higher margin of profits. On the second floor, there is a cozy 3 Bedroom apartment with one kitchen and one washroom. spacious bedroom and nice layout, accessible with separate entrance. The sale price includes the business and inventory (some items excludes tobacco products and activated lotto scratch tickets). You can simply increasing your line of selling products and inventory to boost sales! Currently, the business is keep growing!

Sold data

Homes in Meaford — recent sold market

Homes in Meaford took a median of 48 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 78, across 63 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 73 days.

The median sale price was $749,000.

Homes sold for about 4.2% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 25% of sellers reduced their price before finding a buyer.

Median days to sell
48
Median sale price
$749,000
Sale-to-list ratio
95.8%
Sold above asking
6%

Based on 63 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 Meaford

Meaford has 1 Fraser Institute–rated school (1 secondary).

Rated schools
1
Secondary
1

Top-rated schools in Meaford

  • Georgian Bay — secondaryFraser rating 6.9/10

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

Currently for sale

Homes for sale near 52 SYKES STREET S