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Renanza Realty
For sale

1360 MARYHILL ROAD

Woolwich, Ontario

MLS® X13569482

$4,500,000

Status
Active
Property type
Business
MLS® number
X13569482
Bedrooms
Bathrooms
Year built

Listing description

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.

Property summary

MLS® number
X13569482
Property type
Business
Annual property taxes
$51,000.00
Parking
16 spaces
Days on market
44 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

What would this home cost you?

Based on the $4,500,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$20,938 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of CENTURY 21 PROPERTY ZONE REALTY INC., BRAMPTON.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.