27030 Kennedy Rd
Historic Lakeshore Communities, Georgina, L0E 1S0
FOR SALE
$1,388,000
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Property Description
Discover the perfect blend of commercial and residential land opportunity in the prime Willow Beach area of Georgina. Only an hour from Toronto and steps from the clear waters of Lake Simcoe, this versatile space offers an ideal setting for retail, office operations as well as a residential home. This is one of the biggest lots in the area with a frontage of 180 feet and a depth of 150 feet. This oversized lot offers an incredible development opportunity to build a mixed-use development or live-work concepts featuring both commercial and residential spaces. Located in a high-traffic area with excellent visibility and easy access, it's perfect for businesses seeking a dynamic environment. This property offers and exceptional opportunity for future growth and development. The residential dwelling on the property has been recently fully renovated featuring a modern design with ample natural light, high ceilings, and functional floorplan. Quality craftsmanship throughout with new insulation, drywall, flooring, new wiring and plumbing, new windows and doors, freshly painted, new gas heater, smart light system, smart curtains, smart climate control, exterior stucco, new bathrooms and new appliances. The commercial building on the property has been upgraded with a new office with new windows, insulation, and drywall. Approximately 1000 sqft of residential space and 1000 sqft of retail space in different building and structures on the property making this a very unique opportunity for your next venture!
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Extras
50' of the frontage is zoned for commercial use offering a great potential for future uses or current use of the property as rental/investment with multiple streams of incomes from the different buildings on site.
Nearby Intersections
Kennedy & Metro (10)
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
180' x 150'
Fronting
East
Taxes
$9,100 (2023)
Basement
None
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
10
Driveway
Private
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Ground | 11.15' x 31.17' | Hardwood Floor, Large Window, Open Concept |
Kitchen | Ground | 11.15' x 31.17' | Combined W/Living, Centre Island, Custom Counter |
Prim Bdrm | Ground | 9.19' x 13.45' | Large Closet, Large Window, 3 Pc Ensuite |
2nd Br | Ground | 11.15' x 11.15' | Hardwood Floor, Large Window, Large Closet |
3rd Br | Ground | 9.84' x 11.15' | Hardwood Floor, Large Closet |
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Georgina Market Statistics
Georgina Price Trend
27030 Kennedy Rd is a 3-bedroom 2-bathroom home listed for sale at $1,388,000, which is $633,467 (84.0%) higher than the average sold price of $754,533 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 3 bedroom home in Georgina declined by $154,109 (17.0%) compared to the previous 30 day period (September 22 - October 21) and down $50,119 (6.2%) from the same time one year ago.Inventory Change
There were 47 3-bedroom homes listed in Georgina over the last 30 days (October 22 - November 20), which is down 36.5% compared with the previous 30 day period (September 22 - October 21) and down 19.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Georgina typically sold ($19,986) (2.6%) below asking price over the last 30 days (October 22 - November 20), which represents a $9,622 increase compared to the previous 30 day period (September 22 - October 21) and ($26,781) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Georgina over the last 30 days (October 22 - November 20) stood at 63.8%, up from 47.3% over the previous 30 days (September 22 - October 21) and up from 25.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Georgina stood at 25 days when successfully sold over the last 30 days (October 22 - November 20), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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