Rideau Lakes, 817 - Rideau Lakes (South Crosby) Twp, K0G 1E0
$699,000
Listed by Royal LePage ProAlliance Realty, Brokerage.
Prime Commercial property, retail store with offices, dome, and circa 1850's building that was once used as the local general store and residence. Current commercial tenants are willing to stay on, so lease revenue could be used to offset the mortgage payments while you renovate your 1850's dream home, or simply buy it as an investment property. Or perhaps you'd like to start your own dream business on this property? This parcel is centrally located in the heart of the Rideau Lakes tourist region at the busiest intersection in the area. It has great visual line of sights from all directions along Highway 15 as well as Highway 42. It's also only 30 minutes to Kingston, Gananoque, or Brockville, 15 minutes to Westport, 20 minutes to Smiths Falls and 1.25 hours to Ottawa.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.