1726 EARL HAID AVENUE, Severn (Coldwater)

$1,499,000

For sale: Other

Other at 1726 EARL HAID AVENUE, Severn (Coldwater)
Property type
Sale Of Business
Bedrooms / bathrooms
3 bathrooms
MLS®
MLS® S13028968
Neighbourhood
Coldwater

An Exceptional Waterfront Investment Awaits At The Iconic Riverhouse Restaurant In Severn Falls. Perfectly Situated On The Banks Of The Trent-Severn Waterway, This High-Visibility Property Benefits From Constant Year-Round Traffic And Seamless Boat Access. The Building Has Been Extensively Enhanced With Recent High-Value Upgrades, Including Two New Front Windows, A New Geothermal Water Furnace, New UV Water Filtration, A New Freezer Compressor, And New Ice Machine. These Add To Previous Major Investments Including A Waterloo Biofilter Septic, Newer Roof, Expansive Waterfront Patio, And A Full-Building Backup Generator. This Turn-Key Package Offers A Fully-Equipped Professional Kitchen, Bar, And Dining Area Designed For Peak Efficiency. With Flexible Zoning Supporting Restaurant, Retail, Or Tourism Development, The Property Features On-Site Living Quarters For An Ideal Live/Work Balance. Located 20 Minutes From Highway 400, This Is A Prime Destination For Boaters, Snowmobilers, And Tourists. Includes Property, Business, Equipment, And Chattels. A Rare Chance To Own A Thriving Waterfront Landmark With Diverse Revenue Potential.

Sold data

Homes in Coldwater — recent sold market

Homes in Coldwater took a median of 52 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 77, across 40 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 104 days.

The median sale price was $657,450.

Homes sold for about 3.1% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 30% of sellers reduced their price before finding a buyer.

Median days to sell
52
Median sale price
$657,450
Sale-to-list ratio
96.9%
Sold above asking
5%

Based on 40 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 1726 EARL HAID AVENUE