For Sale

970 Highway 7 Highway, Otonabee-South Monaghan, Ontario K9J 6X7

$1,700,000

970 Highway 7 Highway, Otonabee-South Monaghan, Ontario K9J 6X7 is For Sale and has a listing price of 1,700,000. The property is located in the Otonabee-South Monaghan neighbourhood . It's been on the website for 5 Days.

  • Sale Of Business
    Property Type
  • MLS ID: X12391739
  • Office Name RE/MAX ESCARPMENT REALTY INC.
Property Description

Excellent Opportunity To Acquire A Well-Established Profitable Business That Requires Minimal Oversight. Family Owned For 40 Years. Combined Area Approx 2 Acres. Selling At 8.7% CAP Rate Despite Being Underutilized And Remotely Managed In Recent Years, Huge Upside Potential. 118 Units In Buildings, 39 Seacans With Potential To Add More Onto Parking Areas, 37 Parking Spaces, 6 Offices. Financials Available With An NDA. Property Must Be Sold Along With 970 HIGHWAY 7 (Rear) MLS #X12391736

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X12391739
  • Price: $1,700,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 245
  • Ref ID: X12391739
  • Dir / Cross St: Highway 7 And Lancaster Rd.
  • Status: Active
  • Tax Year: 2025
  • Property Type: Sale Of Business
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
09/09/2025 X12391739 $1,700,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Otonabee-South Monaghan
  • $789,778 Average List Price
    based on 1 year
  • 46 New Listings
    based on 30 days
  • 135 Median Days on Market
    based on 1 year
  • List vs. Selling Price 146.71 % Up
  • Sold (12mo) 83
  • Rented (12mo) 13

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Y
  • Garage Type Outside/surface
  • Taxes: $15,822
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 09/09/2025 16:45:47
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