360 MAIN STREET, Wellington North (Mount Forest)

$449,800

For sale: Other

Other at 360 MAIN STREET, Wellington North (Mount Forest)
Property type
Commercial Retail
MLS®
MLS® X13549098
Neighbourhood
Mount Forest

Rare Opportunity To Acquire A Freestanding Mixed-Use Commercial Property In The Heart Of Mount Forest With Flexible MU2 Main Street Mixed Use Zoning Allowing For A Wide Variety Of Commercial And Potential Residential Uses. Situated On A Deep Lot With Ample Parking And Excellent Exposure, This Property Offers Incredible Potential For Investors, Owner Operators, Entrepreneurs, Or Buyers Looking For Future Upside And Redevelopment Possibilities. Existing Restaurant Setup In Place With Established Local Presence, Utilities Connected, And Strong Main Street Visibility. Ideal Opportunity To Own A Versatile Commercial Asset In A Growing Community With Multiple Potential Uses And Long-Term Value.

Sold data

Homes in Wellington North (Mount Forest) — recent sold market

Homes in Wellington North (Mount Forest) took a median of 47 days to sell over the last 90 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 103, across 59 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 72 days.

The median sale price was $569,900.

Homes sold for about 3.7% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 32% of sellers reduced their price before finding a buyer.

Median days to sell
47
Median sale price
$569,900
Sale-to-list ratio
96.3%
Sold above asking
12%

Based on 59 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 360 MAIN STREET