11702 Highway 17 Highway, West Nipissing, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Sturgeon Falls. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,999,000 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 292.8 x 475.73 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Turnkey Highway Commercial opportunity on busy Highway 17 between Sudbury and North Bay! This fully renovated 8-unit property has been updated from top to bottom with a modern, attractive finish and is ready for its next owner. Featuring 6 motel rooms and 2 attached one-bedroom apartment units, the property offers multiple income streams and excellent flexibility for investors or owner-operators. Situated on a high-exposure corner lot with over 2.5 acres of Highway Commercial-zoned land, this property benefits from exceptional visibility and thousands of vehicles passing by daily. The expansive lot provides endless potential for future growth, expansion, or additional commercial uses. Whether you're looking to continue the existing operation, expand the business, or capitalize on the prime location, this is a rare opportunity to own a highly visible commercial asset with income potential and tremendous upside.
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Pricing & Value Insights
Data-driven valuation for 11702 Highway 17 Highway, West Nipissing, ON P0H 1G0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in West Nipissing, ON
For a property listed at $1,999,000 in West Nipissing, the legal minimum down payment is $399,800 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 $36,455 for this transaction. As this listing is in West Nipissing (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $36,455.
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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.