3171 Lakefield Road, Selwyn, ON K9J 6X5
Selwyn · Near 7th Line and Lakefield Road · View map
About this home
Unique opportunity at 3171 Lakefield Road offering exceptional flexibility in a prime high-traffic location. This property is ideally suited for someone looking for strong outdoor space, storage, parking, and exposure while also benefiting from an on-site residential component.The main floor features a bright and functional two-bedroom, one-bathroom apartment, making it an excellent option for an owner-occupier, employee housing, or immediate rental income. The lower level includes a walkout basement with a garage and separate entrance, providing a great space for storage, workshop use, small business operations, or contractor needs.Adding to the appeal, the property currently generates income from both the residential and exterior use. The apartment is rented for $2,100 permonth, while an outdoor tenant contributes an additional $800 per month, creating a combined monthly income of $2,900 and providing immediate cash flow for investors or owner-operators.The true value of this property lies in its versatility and visibility. With plenty of on-site parking and excellent exposure along Lakefield Road, this property is well suited for a variety of uses where outdoor space and accessibility are important. Ideal for contractors, tradespeople, landscapers, service-based businesses, or anyone looking for a live-work opportunity with room to operate.Conveniently located with easy access to Peterborough, Lakefield, and surrounding areas, this is a rare chance to secure a property with residential living, functional workspace, income potential, and exceptional exposure all in one package.Endless potential for the right buyer. Opportunities like this do not come around often.
The home
- Type
- Store w apt / office
- Square footage
- 896 sq ft
- Lot size
- 191 x 200 ft
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $2,010/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBA
- Cross street
- 7th Line and Lakefield Road
- Neighbourhood
- Selwyn
More
- MLS® number
- X13779008
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
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.
3171 Lakefield Road, Selwyn, ON K9J 6X5
Selwyn · Near 7th Line and Lakefield Road
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Listing history for 3171 Lakefield Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 3171 Lakefield Road
Answers come straight from this home’s MLS® listing.
How much is 3171 Lakefield Road listed for, and what would it cost each month?
3171 Lakefield Road is listed for $599,900. With 20% down ($119,980), the mortgage payment would be roughly $2,420 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,587 a month, all in. That figure is an illustration, not a quote.
Is 3171 Lakefield Road freehold or a condo, and is there a monthly fee?
3171 Lakefield Road is a store w apt / office in Selwyn. 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 3171 Lakefield Road 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 3171 Lakefield Road?
3171 Lakefield Road is a store w apt / office. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 3171 Lakefield Road, and what is the lot size?
The lot is listed as 191 x 200 ft.
How is 3171 Lakefield Road heated and cooled?
Heating is gas forced air closed. The listing does not show air conditioning.
What are the property taxes for 3171 Lakefield Road?
Property taxes are $2,010 a year (2025), or about $168 a month.
Where is 3171 Lakefield Road?
3171 Lakefield Road is in Selwyn. The nearest main intersection is 7th Line and Lakefield Road. The postal code is K9J 6X5.
Is 3171 Lakefield Road still for sale?
Yes. It is an active listing (MLS® X13779008). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 3171 Lakefield Road asking?
Similar properties for sale nearby right now include 10 Hill Street at $649,000, 127 Queen Street at $649,900 and 23 Queen Street at $534,900. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 3171 Lakefield Road 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 3171 Lakefield Road?
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.
Similar properties nearby
More properties for sale near Selwyn, picked by style, size and price.
Office$649,00010 Hill Street, SelwynSelwynCourtesy of: RE/MAX HALLMARK EASTERN REALTYView home →
Commercial retail$649,900127 Queen Street, SelwynSelwynCourtesy of: Century 21 United Realty Inc.View home →
Commercial retail$534,90023 Queen Street, SelwynSelwynCourtesy of: Century 21 United Realty Inc.View home →Courtesy of: Ball Real Estate Inc.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.