689-697 MAIN STREET E
Hawkesbury, Ontario
MLS® X13136760
$649,900
- Status
- Active
- Property type
- Retail
- MLS® number
- X13136760
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 5Listing description
695 Main Street West presents a rare and exceptional development opportunity in the heart of growing Hawkesbury. Strategically located on a prime corridor with excellent visibility and accessibility, this expansive lot offers immediate potential for investors, developers, and builders alike. Currently zoned to permit a 24-unit residential building as-of-right, the property also stands to benefit from evolving provincial legislation aimed at increasing housing density, creating the possibility for even greater future development potential.
Adding immediate value to the site is a massive on-site storage shed with strong income-generating capability, offering approximately $2,500/month in potential rental revenue. Whether utilized for contractor storage, commercial use, or supplementary passive income, the structure provides flexibility and added cash flow while development plans are underway. Ideally situated close to shopping, schools, restaurants, parks, healthcare services, and major transportation routes, this property combines convenience, long-term upside, and strong investment fundamentals in one of Eastern Ontario's emerging growth markets.
Opportunities like this are increasingly rare - secure a high-potential development site with existing income and significant future upside today.
Property summary
- MLS® number
- X13136760
- Property type
- Retail
- Square footage
- 1 sq ft
- Land size
- 0.57 acres
- Annual property taxes
- $2,843.58
- Days on market
- 104 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $649,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of EXP REALTY, OTTAWA.
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.