$599,000
( $163.75Per Sq Foot )
 $3,216 est/mo Sourced by Back At You

51117 Ron Mcneil Line,Malahide, ON N0L 2J0

Malahide, ON N0L 2J0

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Description

Opportunity meets flexibility at this prominent corner property at Ron McNeil Line and McIntosh Street. With very low commercial property taxes, flexible C1 zoning, excellent exposure and plenty of on-site parking, this mixed-use property presents a unique opportunity for investors, entrepreneurs, owner-occupiers and developers alike.Currently configured with one commercial unit and two residential units, the property offers multiple income streams and plenty of possibilities. The commercial space was formerly home to a successful, long-standing 92-seat restaurant, with the most recent commercial tenant operating a pizza restaurant, making it well suited for another hospitality concept or one of the many other uses permitted under C1 zoning. The two residential units currently generate $1,750 and $2,300 per month.For an entrepreneur, this could be an ideal opportunity to own the building, operate your business, live on-site and have rental income help offset your mortgage and carrying costs. For an investor or developer, the combination of existing residential income, **exceptionally low commercial taxes**, prominent corner location and potential to further develop or reposition the site creates compelling long-term upside.Additional features include a detached triple-car garage, two furnaces, two separate meters and ample parking. Whether you're looking for an investment, a home for your business, a live/work opportunity or a property with future development potential, this versatile site offers plenty of ways to make it work.

Details

MLS #X14142402
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site11
Listing Provided ByCALL IT CLOSED INTERNATIONAL BROKERAGE | X14142402 10004800

Features

SQ Feet3,658
Acreage0.08

Interior

CoolingYes
Heat SourceGas

Exterior

Lot FeaturesIrregular Lot
Community FeaturesMajor Highway
Security FeaturesNo

Utilities

UtilitiesYes

Taxes

Tax Annual Amount3884.09
Tax TypeAnnual
Tax Legal DescriptionLOT 3, PLAN 87 MALAHIDE; PART LOT 4, PLAN 87 MALAHIDE AS IN E435819, SAVE AND EXCEPT PART 2, PLAN 11R10293 TOWNSHIP OF MALAHIDE
Tax Year2026

Area Information

ProvinceON
CountyElgin
CityMalahide
Postal CodeN0L 2J0
AreaSpringfield
Listing VS Median (in N0L 2J0)
Price:
$599,000
low | high
Med:
$174,900
100% of Average
sqft:
3,658
low | high
Med:
118,613,880
100% of Average
$ / sqft:
$164
low | high
Med:
$0
100% of Average
On site:
11
low | high
Med:
134
8.208955223881% of Average
Sourced by Back At You

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Additional Information

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Learn More About This Property

LISA CRAWFORD

LISA CRAWFORD, REALTOR®

Coldwell Banker The Real Estate Centre

 (905) 251-3617lisa@lisalivingrealestate.com
ProvinceON
CountyElgin
CityMalahide
Postal CodeN0L 2J0
AreaSpringfield
Listing VS Median (in N0L 2J0)
Price:
$599,000
low | high
Med:
$174,900
100% of Average
sqft:
3,658
low | high
Med:
118,613,880
100% of Average
$ / sqft:
$164
low | high
Med:
$0
100% of Average
On site:
11
low | high
Med:
134
8.208955223881% of Average
Sourced by Back At You
Listing Updated: November 3, 2026 at 9:02:29 AM PST