$2,290,000
For sale: Other

Sale of fully leased property along with 2 acres of Land for development. A grade tenants - Pizza Pizza & CANCO Gas station. Total Land 2.26 Acres (Gas station, Convenience Store, Pizza pizza occupies 0.25 acres approx). Over 2 acres of land can be developed into a profitable commercial plaza, place of worship, recreational space, hotel and many more uses. Perfect for Investors looking revenue generating property with development land or developing land along with JD/JV partners. Prime location with ample residential development all around. Property has 2 side road exposure - Sunset Rd & Talbotville Gore rd. Strong CAP Rate. Amazon Fulfilment Centre with in 5 min drive of this locations adding to the traffic to the Sunset Rd; One of Canadas largest EV plant being constructed by Volkswagen further adding to the traffic.
Sold data
Homes in Southwold (Talbotville) took a median of 50 days to sell over the last 365 days, with the quickest quarter selling within 25 days and the slowest quarter taking more than 94, across 62 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 100 days.
The median sale price was $744,500.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 3% of sales closed above the list price.
Around 31% of sellers reduced their price before finding a buyer.
Based on 62 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.
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