2954 Ontario Street, Perth East, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of North Easthope. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $5,750,000 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 330.75 x 388.87 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Amazing Investment Opportunity ! 2.9 Acres with TWO (2) Retail Commercial Buildings totaling approximately 34,424 sq ft (19,394 + 15,030). Building A (19,394 sq ft) is vacant and Built in 2005. Building B (15,030 sq ft) is tenanted and Built in 1981/Addition in 2010. Up to 120 Parking Spaces as per site plan (88 for Building A and 32 for Building B). Strategically located on highway 7/8 gateway to Stratford City Limits. ACM-8 Zoning.
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Pricing & Value Insights
Data-driven valuation for 2954 Ontario Street, Perth East, ON N5A 6S5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Perth East, ON
For a property listed at $5,750,000 in Perth East, the legal minimum down payment is $1,150,000 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 $130,225 for this transaction. As this listing is in Perth East (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $130,225.
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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.