Set on a spacious 1.62-acre lot on the edge of town, This commercial property offers the opportunity for a storefront business or a separate business in the shop, with the potential for a residential dwelling. A new roof installed in 2025 adds peace of mind, while outside, you'll find a detached garage that was previously used as a repair shop. Adding even more value, the property includes a long-term agreement with Xplornet for the use of a portion of the land for their tower, currently generating approximately $825 per month in income. This is a wonderful opportunity to enjoy being part of a small town community with the added benefits of space and versatility. PLEASE NOTE that a Phase 2 Environmental Study will need to be completed to purchase this property. (id:28469)
Facts & features
Property
MLS® Number
X13461530
Property Type
Single Family
Community Name
Deseronto (Town)
Ownership
Freehold
Features
Flat Site
Parking Space Total
11
Structure
Deck
Building
Bathroom Total
2
Bedrooms Above Ground
3
Bedrooms Below Ground
1
Bedrooms Total
4
Appliances
Water Heater
Basement Development
Partially Finished
Basement Type
Partial (partially Finished)
Construction Style Attachment
Semi-detached
Cooling Type
Central Air Conditioning
Exterior Finish
Wood
Foundation Type
Block
Heating Fuel
Natural Gas
Heating Type
Forced Air
Size Interior
2,000 - 2,500 Sqft
Type
House
Utility Water
Municipal Water
Parking
Detached Garage
—
Garage
—
Land
Access Type
Year-round Access
Acreage
No
Sewer
Sanitary Sewer
Size Depth
275 Ft
Size Frontage
247 Ft
Size Irregular
247 X 275 Ft
Size Total Text
247 X 275 Ft|1/2 - 1.99 Acres
Zoning Description
C2
Utilities
Cable
Available
Electricity
Installed
Sewer
Installed
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$2,103/mo
Ontario land transfer tax
$5,975 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.