$938,800
Available - For Sale
Listing ID: X12059802
159 Y Road , Hastings Highlands, K0L 1C0, Hastings


Located just north of Bancroft, this prime corner lot is situated in a growing business park with excellent road visibility and access, just five minutes from town and all amenities. Formerly home to a well-established custom kitchen cabinetry business, this versatile property offers multiple income streams and the potential for new ventures. Spanning over 8,800 sq. ft. across three free-standing buildings, the property includes a 2,400 sq. ft. workshop equipped with two 10 x 10 roll-up doors and an office, plus a separate 380 sq. ft. office for added flexibility. New roof was installed on the shop in 2022, ensuring a well-maintained workspace. The two buildings that previously housed the cabinetry business can be repurposed for personal use or leased to other businesses, providing additional income potential. The 49 heated storage units, available in multiple sizes, offer a steady rental income stream. With the increasing demand for storage solutions, this property presents an opportunity for further expansion, such as indoor/outdoor storage for boats and cars, a much-needed service in the area. Additionally, the space could be ideal for a mechanics shop, welding and metal fabrication, or custom manufacturing. The sale includes land and buildings, with the option to discuss the purchase of machinery separately. The property benefits from flexible zoning, allowing for a wide range of business opportunities. A flexible closing is available in fall 2025, with an anticipated timeline of October or November. Don't miss this opportunity to bring your business vision to life in a fantastic location with excellent exposure and long-term growth potential.
Price $938,800
Taxes: $8884.00
Tax Type: Annual
Occupancy by: Owner
Address: 159 Y Road , Hastings Highlands, K0L 1C0, Hastings
Postal Code: K0L 1C0
Province/State: Hastings
Legal Description: PT LT 4 CON 2 HERSCHEL PT 1 21R11523; HA
Directions/Cross Streets: Hwy 62N and Y Road
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Free Standing
Use: Other
Building Percentage: T
Total Area: 8848.00
Total Area Code:  Square Feet
Office/Appartment Area: 410
Office/Appartment Area Code: Sq Ft
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Major Highway  
Approximatly Age: 16-30
Financial Statement: T
Days Open: V
Sprinklers: No
Washrooms: 1
Rail: N
Clear Height Feet: 13
Truck Level Shipping Doors #: 0
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 2
  Height Feet: 10
  Width Feet: 10
Grade Level Shipping Doors #: 0
Heat Type: Radiant
Central Air Conditioning: No
Sewers: Septic
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $46,940 $93,880 $140,820 $187,760
First Mortgage $891,860 $844,920 $797,980 $751,040
CMHC/GE $35,674.4 $26,192.52 $22,343.44 $0
Total Financing $927,534.4 $871,112.52 $820,323.44 $751,040
Monthly P&I $4,577.21 $4,298.78 $4,048.15 $3,706.25
Expenses $0 $0 $0 $0
Total Payment $4,577.21 $4,298.78 $4,048.15 $3,706.25
Income Required $171,645.55 $161,204.35 $151,805.54 $138,984.25

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$2,316.4
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RIGHT AT HOME REALTY
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HANIF ARKIAN
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At a Glance:
Type: Com - Industrial
Area: Hastings
Municipality: Hastings Highlands
Neighbourhood: Herschel Ward
Style:
Lot Size: x 213.00(Feet)
Approximate Age: 16-30
Tax: $8,884
Maintenance Fee: $0
Beds: 0
Baths: 1
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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