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Amy J. Youngren

[email protected] +1(416) 624-8854

$ 589,000

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5490 Highway 620 N/A Wollaston, ON K0L 1P0

6 Beds

3 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500-3000

Subdivision Wollaston

MLS Listing ID X12154524

Style 2-Storey

Bedrooms 6

Building Age 100+

Annual Tax Amount $3,163

Tax Year 2024

Property Sub-Type Multiplex

Property Description

A Prime Commercial Opportunity in the Heart of Coe Hill Discover a remarkable investment opportunity with this versatile C3-zoned property, perfectly positioned in the vibrant community of Coe Hill. This multi-use building offers two levels of prime retail space, three modern apartments, and a spacious workshop, making it an ideal choice for entrepreneurs and investors alike. Situated steps from a grocery store, LCBO, park, and fire hall, minutes from Wollaston Lakes public beach, the location ensures excellent foot traffic and visibility. Large window fronts enhance curb appeal and provide opportunities for eye-catching displays, drawing in potential customers. The upstairs apartment features two bedrooms, eat-in kitchen, a dining area, and a 3 piece bath, offering a comfortable living space. The main-level one-bedroom unit includes a four-piece bath, private entry, a 200-amp panel/meter, laundry, and electric heating. The owners suite, which can also serve as a rental, includes a main-floor bedroom, two additional upstairs bedrooms, a four-piece bath, propane heat, an electric fireplace, and laundry. For added flexibility, the two upstairs bedrooms in the owners suite can be combined with the upstairs apartment, creating a spacious four-bedroom unit. The basement is full of potential, featuring a health-inspected kitchen, wood flooring, a 100-amp panel, and space for an additional bathroom. Its ideal for conversion into another apartment, office, or cafe. Currently operating as a bait and tackle/hardware shop, the open retail space offers endless business possibilities, from boutique to cafe. A rear workshop provides storage or workspace, seamlessly connecting to the retail area. Additional features include a 2022 septic system with expansion capacity, a steel roof, included appliances, a well with a heated box, and a 2021propane furnace. The property's robust electrical setup includes separate 200-amp panels for key areas and a 100-amp panel for the basement.

Location

Province ON

County Hastings

Community Wollaston

Area Hastings

Rooms

Family Room No

Basement Full, Partially Finished

Kitchen 4

Interior

Interior Features Primary Bedroom - Main Floor, Separate Heating Controls, Separate Hydro Meter, Storage, Water Heater, Workbench

Cooling None

Fireplace No

Heat Source Propane

Exterior

Exterior Feature Year Round Living

Parking Features Private

Pool None

Waterfront Description None

View Downtown

Roof Type Metal

Topography Dry

Road Frontage Year Round Municipal Road

Lot Frontage 70.0

Lot Depth 125.0

Total Parking Spaces 3

Building

Unit Features Beach,Campground,Library,Place Of Worship,School,Rec./Commun.Centre

Foundation Concrete

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

Listed by BOWES & COCKS LIMITED

Amy J. Youngren

Sales Representative

+1(416) 624-8854

Amy J. Youngren

5490 Highway 620 N/A Wollaston, ON K0L 1P0

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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5490 Highway 620 N/A