1360 MARYHILL ROAD, Woolwich
$4,500,000
For sale: Other
- Property type
- Sale Of Business
- MLS®
- MLS® X13569482
Rare opportunity to acquire a licensed retirement home on approximately 1.415 acres with a licensed capacity of 52 beds. The facility offers approximately 32 resident rooms/suites, including a mix of private, semi-private and shared accommodations, as well as 3 self-contained apartment-style suites featuring private bedrooms, living areas, full kitchens and bathrooms.The property includes a commercial kitchen, spacious dining hall, multiple resident lounges, chapel, hair salon, staff lounge and several administrative and management offices. Approximately 40 washrooms are located throughout the facility, serving resident, staff and common areas.The current operation functions as a licensed retirement home and has historically operated as a long-term care/nursing home. During ownership, the property has benefited from numerous improvements including roof work, HVAC upgrades, commercial refrigeration upgrades, grease trap replacement, sewage system improvements, increased water capacity, fire and life safety system upgrades, flooring, interior painting and ongoing maintenance.An opportunity for investors, operators and healthcare providers seeking an established seniors' care facility with existing infrastructure. All measurements, room counts, capacities, licences and permitted uses are to be independently verified by the Buyer. Buyers are responsible for conducting their own due diligence regarding zoning, licensing, approvals and future intended use.
Sold data
Homes in Woolwich — recent sold market
Homes in Woolwich took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 38, across 38 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 30 days.
The median sale price was $872,500.
Homes sold for about 2.0% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 13% of sellers reduced their price before finding a buyer.
- Median days to sell
- 23
- Median sale price
- $872,500
- Sale-to-list ratio
- 98.0%
- Sold above asking
- 16%
Based on 38 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.
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