2 Albert Street, Kawartha Lakes, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Bexley. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $699,000 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 0 Bathrooms
- Premium 127 x 147.5 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Flagship Commercial Retail Opportunity In The Heart Of Downtown Coboconk. Strategically Located To Capture Steady Traffic From Both Year-Round Residents And Seasonal Visitors. This Property Offers Excellent Visibility With Strong Drive-By And Walk-By Exposure, Along With Outstanding Signage Potential. This 2,960 Sq. Ft. Retail Building Features Solid, Institutional-Grade Construction With Numerous Security And Accessibility Features. Formerly Operated As A CIBC Bank Branch, The Space Includes Several Added Benefits Such As Private Offices, Multiple Bathrooms, A Staff Kitchen, File And Storage Rooms, And Two Original Bank Vaults. A Turn-Key Commercial Space, Ready For Immediate Occupancy, With A Large Parking Area Offering 16 Outdoor Surface Parking Spaces. Permitted Uses Include: Retail, Restaurant, Medical Clinic, Dental Office, Convenience Store, Insurance, Real Estate Office, Law Office, Accounting Office, And More. Surrounded By Strong Neighbouring Tenants, Including Home Hardware, Foodland, Tim Hortons, Shell, The Beer Store, Subway and much more.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2 Albert Street, Kawartha Lakes, ON K0M 1K0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kawartha Lakes, ON
For a property listed at $699,000 in Kawartha Lakes, the legal minimum down payment is $44,900 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 $10,455 for this transaction. As this listing is in Kawartha Lakes (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,455.
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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.