Welcome to this remarkable commercial retail located in the coveted neighborhood of South River. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $489,000 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.
Exceptional commercial opportunity in the heart of South River. Situated on a high-visibility corner with excellent frontage and ample parking, this versatile commercial property offers outstanding exposure and easy access for customers, staff, and deliveries. The building features a spacious retail showroom, a large warehouse area complete with a loading dock, and a separate entrance leading to an additional section that would make an ideal office suite, flex space, showroom expansion, or additional commercial use. Designed to accommodate a variety of business operations, the property's functional layout lends itself to retail, wholesale, distribution, service-based businesses, storage, or light industrial uses, subject to municipal approvals. The loading dock and warehouse provide efficient logistics, while the flexible front and secondary entrance areas create possibilities for customer-facing or administrative space.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 310 Highway 124 Highway, South River, ON P0H 1Z0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in South River.
About Purchasing a Home in South River, ON
For a property listed at $489,000 in South River, the legal minimum down payment is $24,450 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 $6,255 for this transaction. As this listing is in South River (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,255.
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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.