5 Gagne Road, Bonfield, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Bonfield. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $169,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 1 Bathroom
- Premium 148.34 x 233.22 ft lot size
- equipped with no central cooling and highly efficient other heating
Description
Welcome to nearly 1 acre of prime commercial land in the heart of Bonfield, ideally positioned along high-traffic Hwy 17E. This exceptional property offers outstanding visibility and exposure, making it a strategic location for a wide range of business ventures. Currently vacant, the site provides a blank canvas for entrepreneurs, investors, and developers looking to bring their vision to life. Zoned for multiple uses, including a 6-unit Bed & Breakfast and/or laundromat, the property presents incredible flexibility with potential for retail, service-based businesses, hospitality, or mixed-use development. Whether you're expanding an existing operation or launching something new, this site is ready to accommodate your goals. The property is well-equipped with essential infrastructure, including septic, well, and 3-phase hydro services, allowing for a smooth and cost-effective development process. The expansive, level area at the rear further enhances its usability, offering additional space for building, parking, or outdoor features.Surrounded by established and high-traffic businesses-including a busy hardware store, I'm this location benefits from consistent local and passing traffic, boosting visibility and customer potential.With its prime location, flexible zoning, and strong infrastructure, this is a rare opportunity to secure a versatile commercial property with limitless potential.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5 Gagne Road, Bonfield, ON P0H 2E0
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About Purchasing a Home in Bonfield, ON
For a property listed at $169,900 in Bonfield, the legal minimum down payment is $8,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,424 for this transaction. As this listing is in Bonfield (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,424.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.