629 St Lawrence Street, Merrickville-Wolford, ON

$799,900
MLS#:X12995462
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable commercial retail located in the coveted neighborhood of 804 - Merrickville. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $799,900 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 72.96 x 124 ft lot size
  • equipped with yes central cooling and highly efficient radiant heating

Description

Rare opportunity to acquire an approx. 4,800 sq. ft. commercial/residential building in the highly desirable and historic Village of Merrickville, known for its vibrant tourism, charming boutiques and thriving local businesses. This exceptionally versatile property offers flexible "Core Area" zoning that permits a wide range of commercial uses as well as residential, making it ideal for investors, business owners, or those seeking a mixed-use income-producing asset. Currently configured for commercial tenancy, the building can easily be adapted into a combination of ground-floor commercial space with residential apartments or short-term rental units on the second level, offering tremendous potential for future redevelopment or expansion. The property is presently divided into six separate units but can be reconfigured to create additional suites or individual office rentals to maximize revenue. Inside, the main floor features a high-visibility street-front unit presently occupied, showcasing tall ceilings, large windows, and excellent foot traffic exposure. A hair salon, flex space, and a spacious warehouse unit complete the main floor. The second floor is arranged into two oversized units: the front unit is designed for office use with expansive windows, several private offices, and a generous meeting or boardroom complete with a kitchenette, while the rear unit functions as a spa/clinic with five dedicated treatment rooms (each equipped with plumbing for sinks), a full bathroom, a wet bar/kitchenette with laundry, and a large reception area. With strong curb appeal, ample on-site parking, and excellent visibility along one of Merrickville's most charming streets, this property offers limitless potential for commercial enterprises, residential rentals, or a combination of both. Walking distance to restaurants, shops, the Rideau Canal, and all the amenities the village is celebrated for, this is truly an exceptional opportunity.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date4/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial Retail
Lot Size72.96 × 124 Feet
CountyLeeds and Grenville
Annual Tax$8,625.8
Legal DescriptionPT LT 152-153 PL 6 MERRICKVILLE AS IN PR157326; MERRICKVILLE-WOLFORD

Parking & Garage

Garage Spaces10
Garage TypeNone

Heating & Cooling

Heat TypeRadiant
CoolingYes

Features

Property Features

Interior Features

Security Features

No

Community Features

Location

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629 St Lawrence Street, Merrickville-Wolford, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 629 St Lawrence Street, Merrickville-Wolford, ON K0G 1N0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Merrickville-Wolford.

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Interest Rate5.25%
Down Payment$54,990 (6.9%)
* Minimum Canadian down payment required for this price is $54,990.
Amortization Period25 Years
Estimated Monthly Payment$4,439Based on a loan of $744,910 over 25 years.
Purchase Price$799,900
Loan Amount$744,910
Provincial Land Transfer Tax:$12,473
Total Estimated Closing Taxes:$12,473

About Purchasing a Home in Merrickville-Wolford, ON

For a property listed at $799,900 in Merrickville-Wolford, the legal minimum down payment is $54,990 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 $12,473 for this transaction. As this listing is in Merrickville-Wolford (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,473.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Merrickville-Wolford.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$716,351

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.