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Renanza Realty
For sale

1575 CHEMONG ROAD

Selwyn, Ontario

MLS® X12245365

$7,500,000

Status
Active
Property type
Retail
MLS® number
X12245365
Bedrooms
Bathrooms
Year built

Listing description

Opportunity to Purchase a Prime Development Property with Significant Multiple Tenanted Income. Property Consists of 13,600 SF of Retail/Warehouse space, 20 Ft Clear Height (currently on a 10 year lease with renewal options) 1,400 SF of Second Level Office, Truck Level Loading Dock W/ Shipping Area. Acres of Lined Paved Parking Lot and Paved Storage Yard That is Partially Fenced, Over Head Canopy Lighting.

3 Phase Power on Site. Storm Water Management Ponds and on Site Water Hydrant. Includes 4 - 5,000 Sqft Quonset Huts W/ Hydro, Tenant Occupied.

Total Property is 74. 5 Acres with Approximately 10 Acres Zoned C1-423, 10 Acres Official Plan Commercial and 50 Acres Agricultural. Significant Upside Revenue Stream to Continue with Sports Complex plans and a Large Format Sports Dome May be Available to Purchase Separately.

Available Upon Signed CA are Income and Expense Statements, 2019 Phase 1 Environmental Report, and Other Related Documents.

Property summary

MLS® number
X12245365
Property type
Retail
Square footage
75 sq ft
Land size
3245262.03 acres
Annual property taxes
$24,202.17
Days on market
431 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

What would this home cost you?

Based on the $7,500,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$34,896 /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 MinCom Kawartha Lakes Realty Inc., Peterborough.

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.