For saleMLS® X11926788

108773 Highway 7, Tweed, ON K0K 3J0

Elzevir (Twp), Tweed · Near Hwy 37 & Hwt 7 · View map

$550,000
5.43Sq ft
Commercial retailType
NoneParking
$5,051/yrTaxes
$550,000
FreeholdNo monthly condo fee
Lot 749 x 375.1 ftThe land comes with the home

About this home

Dream big and imagine the endless possibilities for re-purposing the former Log Cabin Restaurant property on Highway 7, just east of the intersection with Highway 37. Situated on a stunning 5+ acre lot that backs directly onto the picturesque Skootamatta River, this property offers both beauty and versatility. The commercial space on the main floor can be adapted for various uses, while the second floor, currently serving as the owners' residence, holds the potential to be converted into multiple units. Additionally, the rooftop patio provides breathtaking waterfront views, perfect for relaxation or entertaining. With its prime location offering great visibility and proximity to the high-trac intersection of Highways7 and 37, this property is brimming with potential. Part of the property is also zoned for residential use, providing even more opportunities for development. Embrace the chance to create something extraordinary in this unique and strategically located property

The home

Type
Commercial retail
Square footage
5.43 sq ft
Lot size
749 x 375.1 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Oil Forced Air

Garage & parking

Total parking
None

Taxes & other

Property taxes
$5,051/yr
Tax year
2024
Occupancy
Vacant
Possession
Flexible
Cross street
Hwy 37 & Hwt 7
Neighbourhood
Elzevir (Twp)

More

MLS® number
X11926788

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$2,639per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    108773 Highway 7 N/A, Tweed, ON K0K 3J0

    Elzevir (Twp), Tweed · Near Hwy 37 & Hwt 7

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    Sold history

    Listing history for 108773 Highway 7 N/A

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 108773 Highway 7

    Answers come straight from this home’s MLS® listing.

    How much is 108773 Highway 7 listed for, and what would it cost each month?

    108773 Highway 7 is listed for $550,000. With 20% down ($110,000), the mortgage payment would be roughly $2,219 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,639 a month, all in. That figure is an illustration, not a quote.

    Is 108773 Highway 7 freehold or a condo, and is there a monthly fee?

    108773 Highway 7 is a commercial retail in Elzevir (Twp), Tweed. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 108773 Highway 7 have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 108773 Highway 7?

    108773 Highway 7 is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 108773 Highway 7, and what is the lot size?

    The lot is listed as 749 x 375.1 ft.

    How is 108773 Highway 7 heated and cooled?

    Heating is oil forced air. The listing does not show air conditioning.

    What are the property taxes for 108773 Highway 7?

    Property taxes are $5,051 a year (2024), or about $421 a month.

    Where is 108773 Highway 7?

    108773 Highway 7 is in the Elzevir (Twp) community of Tweed. The nearest main intersection is Hwy 37 & Hwt 7. The postal code is K0K 3J0.

    Is 108773 Highway 7 still for sale?

    Yes. It is an active listing (MLS® X11926788). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 108773 Highway 7 asking?

    Similar properties for sale nearby right now include 122 Cottage Lane at $424,900 (1 bed), 148 Skootamatta Lane at $584,000 (2 bed) and 282-G Cottage Lane at $589,900 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 108773 Highway 7 N/A sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 108773 Highway 7?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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