For Sale - 51117 RON MCNEIL Line, Malahide, Ontario

Est payment $2,876/mo
Views   1
Time on Jump  7 day
  • Prominent corner location with flexible C1 zoning and ample on-site parking.
  • Mixed-use layout includes one commercial unit and two income-generating residential units.
  • Commercial space suits hospitality or other uses permitted under C1 zoning.
  • Live on-site, run a business, and offset costs with rental income.
  • Detached triple-car garage, two furnaces, and separate meters.



Opportunity meets flexibility at this prominent corner property at ron mcneil line and mcintosh street. With very low commercial property taxes, flexible c1 zoning, excellent exposure and plenty of on-site parking, this mixed-use property presents a unique opportunity for investors, entrepreneurs, owner-occupiers and developers alike. Currently configured with one commercial unit and two residential units, the property offers multiple income streams and plenty of possibilities. The commercial space was formerly home to a successful, long-standing 92-seat restaurant, with the most recent commercial tenant operating a pizza restaurant, making it well suited for another hospitality concept or one of the many other uses permitted under c1 zoning. The two residential units currently generate $1,750 and $2,300 per month. For an entrepreneur, this could be an ideal opportunity to own the building, operate your business, live on-site and have rental income help offset your mortgage and carrying costs. For an investor or developer, the combination of existing residential income, **exceptionally low commercial taxes**, prominent corner location and potential to further develop or reposition the site creates compelling long-term upside. Additional features include a detached triple-car garage, two furnaces, two separate meters and ample parking. Whether you're looking for an investment, a home for your business, a live/work opportunity or a property with future development potential, this versatile site offers plenty of ways to make it work.
Listing IDX14142402
Address51117 RON MCNEIL Line
CityMalahide, Ontario
Price$599,000
StyleCommercial Retail
Land Size0.207
TypeIndustrial/Commercial
StatusFor Sale
Subtype Commercial RetailCommunity Features Major HighwayFeatures Irregular LotBasement 1Heating / Cooling Gas Forced Air OpenHeating Fuel Gas
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51117 Ron Mcneil Line
Malahide , Ontario
$599,000
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