Welcome to this remarkable commercial retail located in the coveted neighborhood of 572 - Brudenell/Lyndoch/Raglan. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $276,000 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.
A rare opportunity to own and operate your own commercial property in the bustling town of Palmer Rapids! This Highway Commercial zoned property offers approximately 2,700 sq ft of versatile space, ideal for a mechanic shop, body shop, heavy equipment service, or a variety of other commercial uses.The main double-door bay is equipped with a BendPak lift (12,000 lb capacity) and a StenH0J DS 2 M & E lift (6,000 lb capacity). The rear bay, ideal for larger vehicles, includes a Ben Pearson lift with an impressive 33,000 lb capacity. A PitBOSS air compressor is installed with airline connections running throughout the shop for efficiency and ease of operation.The property features a newly installed well pump system & hot water on demand, refurbished clean energy furnace, plus separate heat and A/C for backup and summer cooling. Shingles were replaced in 2023, and the metal roof has been tightened and repainted. Inside, you'll find a welcoming office space and client waiting area, along with a 780 sq ft storage area off the rear bay. Additional detached storage buildings provide even more flexibility. The large fenced side and rear yard offer ample space for vehicles, equipment, and outdoor storage. Currently operating as a rustproofing, detailing, metal fabrication, this is the only property of its kind in the area - positioned next to a grocery store, liquor store, and beer store for strong local traffic exposure. An exceptional opportunity to grow your business or invest in a high-demand commercial space in Palmer Rapids. Selling the property As Is, Business not included.
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Data-driven valuation for 5958 Palmer Road, Brudenell, Lyndoch and Raglan, ON K0J 2E0
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Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Brudenell, Lyndoch and Raglan.
About Purchasing a Home in Brudenell, Lyndoch and Raglan, ON
For a property listed at $276,000 in Brudenell, Lyndoch and Raglan, the legal minimum down payment is $13,800 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 $2,615 for this transaction. As this listing is in Brudenell, Lyndoch and Raglan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,615.
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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.