Sign In or Create a Free Account to see full details of this property
Key Facts
Key facts for 259 Cedar Dr
Property Type
House, 2-Storey
Parking
Attached 1 garage, 12 parking
MLS #
X9398137
Size
2000-2500 sqft
Basement
Crawl Space
Listed on
2024-10-15
Lot size
65 x 87.30
Tax
$3,000 /yr
Days on Market
330
Approximate Age
31-50
Maintenance Fee
-
Description
Amazing investment opportunity in the popular Turkey Point awaits you. This fantastic turn-key property allows you to live and work from home, showcasing a well-recognized restaurant called "Kelly's Cove." Situated on the main road, it offers high visibility signage, ensuring maximum exposure and of...fers 12 parking spots for cars. The restaurant itself spans approximately 1,080 square feet of business space. Every aspect of this establishment has been replaced, including a new hood system (2022), stainless steel tables (2022), metal roof (2022), fire suppression system, and much more. On the west side of the property, you'll find a charming 4-bedroom, 2-storey residential home. Recent updates have been made, such as new flooring, kitchen, interior/exterior doors, appliances, and windows (2020). Additionally, a septic system was installed in 2020. According to MPAC, the property is classified as 80% residential and 20% business, making it easier to obtain financing. This property offers immense potential. Whether you choose to reside on the premises and operate the business or prefer to lease the restaurant while keeping the home as a rental property, the possibilities are abundant. REG TM. RSA.
