120 Sixth Avenue, Cochrane, ON
Property Highlights
Welcome to this remarkable store w apt/office located in the coveted neighborhood of Cochrane. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $234,900 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 0 Bathrooms
- Premium 20 x 132 ft lot size
- equipped with no central cooling and highly efficient gas hot water heating
Description
INCOME GENERATING MULTI USE COMMERCIAL PROPERTY IN THE DOWNTOWN CORE WITH A RESIDENTIAL FLAT ABOVE. MAXIMIZE YOUR BUSINESS EXPOSURE ON THE MAIN FLOOR (WHEEL CHAIR ACCESSIBLE) WHICH OFFERS A LARGE WELCOMING RECEPTION AREA, 2-3 PRIVATE OFFICES, A KITCHEN/LUNCH AREA, AND A RECENTLY ADDED LARGE COMMON SPACE IDEAL FOR MEETINGS, CLASSES OR STORAGE. MANY IMPROVEMENTS OVER THE YEARS BOTH COSMETICALLY AS WELL AS : ELECTRICAL, PLUMBING (WASHROOM), HEATING SYSTEM. THE SECOND FLOOR APARTMENT IS GREAT FOR OFFSETTING OPERATING COSTS ITS APPROXIMATELY 1100 SQ/FT WITH A PRIVATE SEPARATE ENTRANCE, 1-2 BEDROOMS WITH AN OFFICE AREA AND A LARGE WEST FACING LIVING ROOM. THIS SPACIOUS UNIT ALSO COMES WITH A LARGE STORAGE AREA AND ONE PARKING SPACE ON THE REAR SIDE OF THE BUILDING. A GREAT OPPORTUNITY FOR ANYONE LOOKING TO GROW THEIR REAL ESTATE PORTFOLIO AND THEIR BUSINESS.
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Pricing & Value Insights
Data-driven valuation for 120 Sixth Avenue, Cochrane, ON P0L 1C0
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About Purchasing a Home in Cochrane, ON
For a property listed at $234,900 in Cochrane, the legal minimum down payment is $11,745 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 $2,074 for this transaction. As this listing is in Cochrane (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,074.
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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.