1285 Bayfield Street N, Springwater, ON L9X 0P1

Springwater L9X 0P1 Ontario

MLS: S12242816

$1,699,900

Added 11 days ago | For Sale

Listed by: CENTURY 21 B.J. ROTH REALTY LTD.

About Property

Located in the thriving municipality of Springwater, 1285 Bayfield Street North presents a prime investment opportunity with the potential to generate over $130,000 in net annual income when fully leased. Situated just minutes from Highway 400 and Bayfield Street, this 1.305-acre property offers excellent visibility and accessibility. Zoned CG General Commercial, it is ideal for a variety of uses including storage, retail, and other commercial operations. The site includes a 4,762 SF commercial building currently owner / Tenant occupied and a residential unit with an existing tenant, providing immediate income or flexibility for future use. Strategically positioned at the intersection of Bayfield Street and Snow Valley Road an area targeted for higher-order retail and employment-generating development under the Midhurst Settlement Area Secondary Plan the property is designated for Commercial/Mixed Use, offering strong short-term cash flow and long-term redevelopment potential.

Features

  • House Style:Investment
  • Bathrooms:3
  • Land Size: 197 X 297
  • Water:Well
  • Garage Spaces: /Covered
  • Driveway:
  • Heating Fuel:
  • Cross Street:Bayfield / Snow Valley Road
  • Basement: ,
  • Possession Date:flexible
  • Annual Property taxes: $6925.38
  • Bedrooms:
  • Total Parking Spaces:15
  • Parking Places:15
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:S12242816

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