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Renanza Realty
For sale

3242 CROSSLAND ROAD

Springwater, Ontario

MLS® S12856714

$3,333,242

Status
Active
Property type
Retail
MLS® number
S12856714
Bedrooms
Bathrooms
Year built

Listing description

LAND AND BUILDING ONLY. Located at the intersection of two high traffic roads, this property offers an excellent opportunity for future development, while enjoying passive income from the current owner, who occupies the property. The current owner is flexible and would be open to staying on as a tenant for the entire building for a few years, renting a portion of the building, or vacating the property, if that suits your needs.

The property is strategically located on a highly visible corner with traffic lights between the communities of Elmvale and Wasaga Beach, which continue to grow towards one another. Many tourists and cottagers pass through this intersection en-route to cottage areas, such as Tiny Beaches and Wasaga Beach, as well as Blue Mountain. The existing building is over 8,000 square feet with loading docks with multiple doors and large walk in refrigerator and freezer rooms.

The Highway Commercial zoning supports many uses, including Gas Stations, Convenience Stores, restaurants and coffee shops with or without a drive-through, repair garages and vehicle sales, building supply outlets, and many other possibilities.

Property summary

MLS® number
S12856714
Property type
Retail
Square footage
8,750 sq ft
Land size
1.669 acres
Annual property taxes
$9,831.00
Days on market
173 days

Features & details

Heating
Radiant heat
Cooling
None

What would this home cost you?

Based on the $3,333,242 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$15,509 /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 Royal LePage In Touch Realty, HONEY HARBOUR.

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.