For Sale Retail

88 Highway 32 Highway N

$3,999,900 Est. $17,711/mo ↓

Front Of Leeds & Seeleys Bay, Ontario K7G 2V3

2 Bathrooms
4,500 sqft Interior
20 Parking spaces
41 Ac Lot size
1 day ago Listed
Virtual tour Fully Air Conditioned Other, Radiant Heat Acreage

About this home

INVESTMENT & RE-DEVELOPMENT OPPORTUNITY on 41 ACRES | THOUSAND ISLANDS / GANANOQUE | HIGHWAY 401. A rare opportunity to acquire approximately 41 acres of strategically located commercial land in one of Eastern Ontario's premier tourism destinations. Located immediately off the Highway 401 corridor near Gananoque and the Thousand Islands, this substantial property offers exceptional visibility, accessibility and long-term redevelopment potential.Currently zoned CT-21 Tourist Commercial Special Zone, the property presents an exciting opportunity for investors, developers and hospitality groups looking to capitalize on the strength of the Thousand Islands tourism market. EXPLORE THE POSSIBILITIES. Potential re-development concepts may include, subject to applicable zoning and municipal approvals: Destination resort or hospitality development hotel, lodge or tourism accommodations recreation and adventure-based tourism destination retail & entertainment event or conference facilities, expanded tourism attractions, aviation-related commercial uses, mixed tourism-commercial concepts, large-scale commercial or recreational development, other innovative destination uses. The property currently features an established commercial facility with approximately 4,500 sq. ft. of existing building area, including hangar, reception and administrative space, providing an existing infrastructure base while a purchaser evaluates future re-development with approximately 41 acres, substantial road frontage and direct proximity to Highway 401. This is an opportunity to acquire a significant commercial landholding in the 1000 Islands tourism corridor. ***Kouri's Kopters Inc. & 1000 Islands Helicopter Tours also available for purchase for an additional $1,499,000. This established helicopter business may be acquired in conjunction with the property, providing a unique opportunity to purchase both the real estate and an operating aviation business*** (id:28469)

Virtual tour

Facts & features

Property

MLS® Number
X13849790
Property Type
Retail
Community Name
02 - Front of Leeds & Seeleys Bay
Amenities Near By
Highway
Equipment Type
Propane Tank
Farm Type
Other
Parking Space Total
20
Rental Equipment Type
Propane Tank

Building

Bathroom Total
2
Age
6 To 15 Years
Cooling Type
Fully Air Conditioned
Heating Type
Other, Radiant Heat
Size Interior
4,500 Sqft
Utility Water
Drilled Well

Parking

Other
—

Land

Acreage
Yes
Land Amenities
Highway
Sewer
Septic System
Size Depth
738 Ft ,5 In
Size Frontage
523 Ft ,7 In
Size Irregular
41
Size Total
41 Ac
Size Total Text
41 Ac
Zoning Description
Commercial

Monthly payment estimate

$
Estimated payment — per month
Mortgage amount
—
Total interest
—

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
$17,711/mo
Ontario land transfer tax
$86,473 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Front of Leeds & Seeleys Bay market

31 Active listings
$679,900 Median asking price
488% above median This home
35 days Avg. time on market
Browse all Front of Leeds & Seeleys Bay listings →

Location

88 Highway 32 Highway N, Front Of Leeds & Seeleys Bay, Ontario K7G 2V3  ·  Get directions

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