Commercial For Sale in South River, Ontario - 102 Ottawa Ave.

South River Commercial For Sale By Owner

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Commercial For Sale

102 Ottawa Ave. , South River, ON, P0A 1X0
Owner`s Description
Price reduced December 13!! We are motivated sellers!!
Multi-use commercial building. This property is being sold by Tim Hainsworth. I am a very motivated seller.
This building is easily divided to separate into an approx. 2,000 sq. ft. retail business. Also plans are being drawn for 3, one bedroom apts. and one Bachelor apt. Our town is located next to Algonquin Park, yet no one sells sporting goods or outdoor recreation equipment. This could also be an excellent location for a furniture store, outdoor/cottage store or whatever you have in mind! we have already started the process to set up a ferment on premise wine store. We can sell all, or lease parts. We have opened a "ferment-on-premise wine shop in part of the building.

Paved parking outside for 20 plus vehicles, and premium location at the main intersection in town.... we only have one traffic light, and this is it! Very high visibility location.
Also included (but leased) is a water purification system to sell Aqua-Pure bottled quality water.
Seller can arrange 2nd mortgage financing (up to $50,000)and 1st mortgage is already in place ($80,000)...... subject to our approval, of course. Fast closing can be accomplished.
This is the only building in town with parking and is close to busy cottaging area in North Muskoka! Gross sales in 2004 were $600,000. Full financial reports available for 2005,6,7. Rest assured this is a solid building with a loyal local following.
Loads of opportunity for the right person.

Property Features
Built-in dishwasher, Built-in Oven, Fridge, Microwave, Stainless steel appliances, Stove
Floor Covering:
None, Attic storage available
Washrooms equipped for Mens and Womens with two toilets each.
External Facing:
Brick, Wood, Board and Batten and Brick
Driveway Details:
Asphalt, Outside
Parking Spaces:
Location Details:
Close to All Services, Highway Access
Property Costs
Property Taxes:
$4,790 / year
Location Map
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 Tim Hainsworth

Day Phone(705) 386-2641
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Listing Owner
 Tim Hainsworth

Day Phone(705) 386-2641
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Property Summary
Property ID:  3364
Property Cat:  Commercial
Property Type:  Commercial
Beds:  4
Baths:  4
Size:  4,300 sq. ft
Lot Dimensions:  110 X 180

Land Transfer Tax Calculation Ontario

"The Land Transfer Tax in South River, Ontario based on the selling price of $200,000.00 is $1,725.00."
* See the land transfer tax formula for Ontario
+ $0 to $55,000.00 - land transfer tax is 0.5%
+ $55,000.00 to $250,000.00 - land transfer tax is 1.0
+ $250,000.00 to $400,000.00 - land transfer tax is 1.5%
$400,000.00 and up - land transfer tax is 2.0%


See Also: South River Real Estate     South River Condos For Sale     South River Commercial For Sale

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