$269,000
For sale: Detached

Commercial / Residential property in Newboro Village. The main building has a 1 bedroom small apartment with Living Dining area & 3 pc bath, currently rented and requires at least 24hrs prior notice for showings but please allow 48 when possible. The second part of the main building is an office with a 3 pc bath. The two sections can be opened back up into one larger residential unit or larger commercial unit. There is a large unfinished garage with an upper floor that used to be a separate apartment but is in rough/ poor condition and would require a lot of updating & plumbing to make it livable again. Parking area has been freshly paved and there is a de-ironizer & UV filter on the water system. All offers must include the Schedule B and the Form 161. The Broker John Brus is also the Listing Broker. Property is an irregular shape and is part of the Newboro Village Plan 72.
Sold data
Detached homes in Rideau Lakes took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 56, across 54 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $467,450.
Homes sold for about 3.5% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 28% of sellers reduced their price before finding a buyer.
Based on 54 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.
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