4570 PENETANGUISHENE ROAD, Springwater (Hillsdale)

$1,150,000

For sale: Other

Other at 4570 PENETANGUISHENE ROAD, Springwater (Hillsdale)
Property type
Store W Apt/Office
MLS®
MLS® S12094014
Neighbourhood
Hillsdale

Excellent Investment Property. Annual income potential $130,000. Three Commercial Units On Main plus Two Residential 2 Bedroom Units On Upper Floor (Stores connect to apartments above for perfect live above work opportunity). Tenants Pay TMI and Utilities, Ample Parking for 15 vehicles, Access from busy Penetanguishene Road and also From Martin Street. Roof Updated Approximately 10 Years Ago, Some Windows Replaced, Kitchen upgraded, Furnace Replaced In 2018 (Rental). Large backyard with BBQ and picnic table and space can be fenced. Room to build a shed. Building Approximately 4,600 Square Feet. Conveniently located 2 minutes drive from Highway 400 and exit 93. Minutes to Horseshoe Value, Mount St Louis Moonstone Resort, and other ski resorts. A short drive to Awenda, Muskoka, Orr Lake, Georgian Bay Islands, Balm Beach, Midland, Penetanguishene, Innisfil, Barrie, Elmvale, Orillia, Wasaga, Lake Simcoe, 1-hr from Toronto, and more.

Sold data

Homes in Springwater (Hillsdale) — recent sold market

Homes in Springwater (Hillsdale) took a median of 31 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 47, across 76 recorded sales.

The median sale price was $889,445.

Homes sold for about 2.8% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 13% of sellers reduced their price before finding a buyer.

Median days to sell
31
Median sale price
$889,445
Sale-to-list ratio
97.2%
Sold above asking
8%

Based on 76 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

Homes for sale near 4570 PENETANGUISHENE ROAD