1285 BAYFIELD STREET N, Springwater (Midhurst)
$1,699,900
For sale: Other
- Property type
- Investment
- Bedrooms / bathrooms
- 5 bathrooms
- MLS®
- MLS® S12909376
- Neighbourhood
- Midhurst
Located in the thriving municipality of Springwater, 1285 Bayfield Street North presents a prime investment opportunity with the potential to generate over $130,000 in net annual income when fully leased. Situated just minutes from Highway 400 and Bayfield Street, this 1.305-acre property offers excellent visibility and accessibility and is zoned CG - General Commercial, making it ideal for a broad range of uses including storage, retail, and other commercial operations. The site also offers strong owner-user potential, allowing an occupier to run their own business while benefiting from additional rental income. Featuring a 6,163 SF commercial building currently owner/tenant occupied, the property provides immediate income or flexibility for future use. Strategically located at the intersection of Bayfield Street and Snow Valley Road-an area targeted for higher-order retail and employment-generating development under the Midhurst Settlement Area Secondary Plan-the property is designated for Commercial/Mixed Use, delivering both strong short-term cash flow and long-term redevelopment potential.
Sold data
Homes in Springwater (Midhurst) — recent sold market
Homes in Springwater (Midhurst) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 49, across 84 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 71 days.
The median sale price was $942,450.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
- Median days to sell
- 32
- Median sale price
- $942,450
- Sale-to-list ratio
- 97.0%
- Sold above asking
- 10%
Based on 84 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.
Currently for sale
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