Property Details

11118 124 Highway, South River, Ontario, P0A1X0

11118 124 Highway, South River, Ontario, P0A1X0 (ID 40250536)
Representative
Joe Whitmell and Ted Simms
Sales Representatives
Coldwell Banker - Thompson Real Estate Brokerage
Tel: 705-757-2911
Toll free: 888-661-0667

$575,000 - For sale

ID#:40250536

This picturesque 5.3 acre corner lot has sucessfully been operating as a retirement home since 1993 and it's time for the owner to retire! Zoned as Commercial Employment, there's a multitude of permitted uses for you to operate your business from - retail, professional offices, or a restaurant to name a few. A separate back entrance into the living quarters allows for you to live on site as well. There's at least 1600 sq ft of 8 individual units which could be rented out separately, and then there's the common area, dining area, commercial kitchen plus the living quarters at the back so there's plenty of space! Great potential to operate it as a restaurant with accommodations and capture 4 seasons of income from vacationers near and far. Plenty of parking space and easy access from Hwy 124. The acreage itself is level and partially fenced with a driveway winding through the beautiful mature trees. There is a drilled well near the north end of the property which has never been connected...perhaps the zoning would allow for a home to be built on the property as well? If you have always wanted to be your own boss, here's your opportunitiy! (id:2471)

Location DescriptionLocated at the south end of South River on the corner of Hwy 124 & Machar Strong Boundary Rd. West

Property Details
  • Property Address:11118 124 Highway, South River, Ontario, P0A1X0
  • Property Type:Other
  • Title:Freehold
  • Lot Size:5.3
  • Acreage:5.3 ac|5 - 9.99 acres
  • Sewage Type:Septic System
  • Water Type:Dug Well
  • Access:Road access, Highway access, Highway Nearby
  • Driveway:Visitor Parking
Structure Details for 11118 124 Highway, South River, Ontario, P0A1X0
  • Building Age:1957
  • Heating Type:Natural gas, Forced air, Hot water radiator heat
  • Storeys:1
  • Flooring:Carpeted, Laminate, Stone
  • Basement Type:Partial (Unfinished)
  • Cooling Type:None
  • Rental Equipment:Water Heater
  • Exterior Type:Concrete, Vinyl siding, Wood
Amenities for 11118 124 Highway, South River, Ontario, P0A1X0 Corner Site, Park/reserve, Paved driveway, Crushed stone driveway, Quiet Area, Community Centre, School Bus
  • Amenities Nearby:Airport, Park, Place of Worship, Playground, Schools, Shopping
Representative
Joe Whitmell and Ted Simms
Sales Representatives
Coldwell Banker - Thompson Real Estate Brokerage
Tel: 705-757-2911
Tollfree: 888-661-0667
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Listing Office: COLDWELL BANKER THOMPSON REAL ESTATE, BROKERAGE, SUNDRIDGE

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11118 124 Highway, South River, Ontario, P0A1X0

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