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1035 Metro Road N, Georgina, ON L4P 3E9

Store W Apt/Office
$1,699,000

Prime high-visibility commercial corner in Georgina with potential for future development! 1035 Metro Road North offers a rare C2-zoned, 2-storey building on approximately 1.4 acres at Woodbine Avenue & Metro Road North, directly across from the LCBO/convenience store. With 2,740 sq. ft., 28 parking spaces, ample outdoor storage, and approval for a refreshment vehicle, this property delivers exceptional exposure and flexibility. The main floor features two retail/commercial units, a 2-piece washroom, and a Health Unit-approved commercial kitchen currently operating as a bakery. A 16' x 7' drive-in garage door supports efficient deliveries and service operations, complemented by aluminum storefront windows/doors and a fire-rated suspended ceiling. Upstairs, a legal 3-bedroom, 2-bathroom apartment with ensuite laundry and a 24' x 10' covered porch is ideal for owner-occupancy, staff housing, or rental income, with potential to convert to office space. Extensively renovated, the building includes a metal roof, 22-gauge siding, updated insulation, drywall, lighting, flooring, plumbing, electrical, and radiant heating. The commercial space offers 200-amp, 240V single-phase hydro, a Weissman propane boiler with on-demand hot water, and a fully equipped kitchen (double sink, hand-wash station, stove, hood fan, 20-amp/40-amp outlets). Municipal services, fibre internet, and cable are available. Permitted signage for up to three 4' x 8' signs enhances visibility. C2 zoning allows a wide range of uses including restaurant, retail, office, clinic, veterinary, catering, garden centre, motor vehicle sales, service shop and more. Ideally located near Lake Simcoe, beaches, parks, Sibbald Point Provincial Park and The ROC, the property benefits from strong local and seasonal traffic, with easy access to Highway 404, Highways 48 and 12.

MLS number
N12844274
Type
Store W Apt/Office
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
L4P 3E9
Photos
26
Property tax
$7,898 / year
192days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries are not shown for this listingWe could only place this address to its postal code, which can cover a block or more, and school boundaries often run down the middle of a street. Naming a school boundary from a position that loose would be a guess about a school, so we don’t. Use the board’s own address lookup for this one.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 466 people.

$100,000Median household income
81.8%Own their home
87.5%Detached houses
49.2Median age
7.6%Born outside Canada
13.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35191152 — the few blocks around this address, home to 466 people. It describes the area, not this property.

466Population
44.3Average age
2.7Household size
$116,000Average household income
$100,000Median household income
82%Own their home
18%Rent
0%Condominiums
8%Born outside Canada
14%University degree
$960,000Average home value
10%Low income
47%Not in the labour force
29%Never married
$15,000 to $19,9992%
$25,000 to $29,9994%
$30,000 to $34,9994%
$35,000 to $39,9992%
$40,000 to $44,9992%
$50,000 to $59,9994%
$60,000 to $69,9994%
$70,000 to $79,9992%
$80,000 to $89,9996%
$90,000 to $99,9994%
$100,000 and over32%
$100,000 to $124,9998%
$125,000 to $149,9998%
$150,000 to $199,99910%
$200,000 and over8%

Percentages are of the 250 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$339,800 · minimum here is $339,800
$7,522.80per month
Borrowed before insurance$1,359,200
Total borrowed$1,359,200
Interest over 25 years at 4.5%$897,641

If you rented it out

-$8,180.97per month out of pocket
Rent$0.00
Everything it costs to hold$8,180.97
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by CENTURY 21 LEADING EDGE REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.