Welcome to this remarkable store w apt/office located in the coveted neighborhood of Rural Mono. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,300,000 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.
Highway Commercial, 2.98 Acres, 3600 sq ft total Lg Store showroom, Offices 2 washrooms w 3 bedroom, one bathroom, 2nd floor Apartment, Shed, 1 car garage lg yard Great exposure on Highway 89/10 coming into Shelburne At Primrose, close to Country Cabin Restaurant, Highland Motel, Garden Centre, Champ Burger, Super Burger, Subway & Petro Canada Plenty of parking & wrap around driveway to the back of the building. Commercial space is 2500 sq ft Covered patio Front entrance comes into the large showroom, with large display windows for natural light. 2nd large showroom both with Warm wood walls. Convenient second Side entrance into the office space with x 2 doors, one covered, has 3 office spaces, plus a lg Reception/office the Hallway which leads into the store showrooms. Many options for rental, can be divided up into smaller units or all one main floor user Main floor has several doors into the units and could add more doors if needed. Large back yard that has some trees and space to have outside events, storage etc. One residential 3 bed one bath living quarters/Apartment above. Live and work opportunity. Investment opportunity! Large yard space is open for other opportunity to build, expand or lease out. Second floor was built with Pana-bode style Log construction, out side has Stucco and wood siding, Metal roof, front store Covered porch, Upper Back Deck and front covered deck. Upper unit has Cathedral Wood ceiling with wood beams. Interior Pretty wood log walls. Cozy County 1100 sqft Living quarters on the second floor entrance from the back with stairs to a good sized deck. Cathedral ceiling living room with large windows and a gas fireplace. Three good sized bedrooms with large windows, one three piece bath with walk-in glass shower. Self contained laundry room, separate hot water tanks on both levels. Separate Hydro meters for each floor. Air-conditioning on the main level. Forced air gas heat on main level Floor plans are in the photos and attached.
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Data-driven valuation for 506206 Highway 89 Highway, Mono, ON L9V 1H8
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About Purchasing a Home in Mono, ON
For a property listed at $2,300,000 in Mono, the legal minimum down payment is $460,000 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 $43,975 for this transaction. As this listing is in Mono (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $43,975.
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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.