7 Old Hastings Road, Hastings Highlands, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Monteagle Ward. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $465,000 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.
- 0 Bedrooms and 4 Bathrooms
- Premium 50 x 148 ft lot size
- equipped with no central cooling and highly efficient baseboard heating
Description
Live, Work & Invest in Cottage Country - Maynooth OpportunityWelcome to 7 Old Hastings Road in the heart of beautiful Maynooth - a rare chance to build your business and your lifestyle in one of cottage country's most vibrant, artistic communities.Perfectly positioned on a high-visibility corner along the main street, this multi-use commercial and residential property offers the ideal setup for entrepreneurs, investors, or anyone dreaming of running a business where others come to escape.The main floor features a bright, welcoming commercial space with large display windows, built-in cabinetry, a kitchen area, and a convenient two-piece washroom - ready for your retail shop, studio, café, or service-based business.Upstairs and on the main level, you'll find three residential units (two 2-bedroom apartments and one 1-bedroom), creating incredible flexibility: Live on-site while your tenants help pay the mortgage, or maximize income by renting all units in this high-demand area.Located just 20 minutes north of Bancroft and only 15 minutes to Papineau Public Beach, this property places you right in the centre of year-round recreation - lakes, trails, crown land, and a thriving arts scene that draws visitors in every season.This is more than just a property - it's a chance to create a life where your business, income, and lifestyle all work together.Stop paying rent for your business... and start building your future in cottage country.
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Pricing & Value Insights
Data-driven valuation for 7 Old Hastings Road, Hastings Highlands, ON K0L 2S0
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About Purchasing a Home in Hastings Highlands, ON
For a property listed at $465,000 in Hastings Highlands, the legal minimum down payment is $23,250 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 $5,775 for this transaction. As this listing is in Hastings Highlands (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,775.
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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.