1734 Highway 518 E Highway, Kearney, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Kearney. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $894,900 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 224 x 695 ft lot size
- Convenient other garage included
- equipped with partial central cooling and highly efficient propane gas heating
Description
Live and Earn in the Heart of Cottage Country! Escape to Kearney, Ontario, with this unique 10-acre live/work property offering exceptional exposure. Kearney has 3 access points to Algonquin Park, trails, and over 20 local lakes. Property Highlights: Both Commercial and Rural zoning. The commercial building features two main-floor commercial units with individual washrooms and one commercial kitchen (perfect for existing tenants, your own business, or multi-family conversion). While the residential unit includes a spacious 5-bedroom, 1-bathroom upper-level apartment ideal for owner-occupancy or additional rental income.Three fully furnished, 4-season authentic Mongolian yurts situated in a private wildflower meadow, currently operating as year-round short-term rentals.The yurts include all furnishings and accessories (some personal items excluded). Located in a prime location, peaceful acreage, in-town convenience, within walking distance to Kearney's general store, beach, and boat launch. Only 25 minutes from Huntsville's amenities and major shopping centres. Whether you are an investor, entrepreneur, or someone dreaming of a lifestyle business in one of Ontario's premier outdoor destinations, this property offers many possibilities. Do not show up to view the property without booking an appointment with a licensed Real Estate Agent; also, do not show up early to any booked appointments. Vehicles need to be parked in the parking lot; do not drive through the property, thank you!
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Pricing & Value Insights
Data-driven valuation for 1734 Highway 518 E Highway, Kearney, ON P0A 1M0
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About Purchasing a Home in Kearney, ON
For a property listed at $894,900 in Kearney, the legal minimum down payment is $64,490 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 $14,373 for this transaction. As this listing is in Kearney (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $14,373.
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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.