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. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Motel and Air bnb zoning approved. Exceptional Investment Opportunity in the Heart of Thornbury. Located on the highly visible main intersection of Bruce Street & Hwy 26, this updated commercial building offers unmatched exposure with steady drive-through traffic and excellent street presence.It's a rare opportunity to own a versatile property in one of Thornbury's most desirable locations, perfect for investors or those looking to blend business and lifestyle.The building features one commercial unit, currently tenanted, with a flexible layout that includes multiple offices, a reception area, staff room, washroom, and a spacious meeting room - ideal for professional services. There are also two short term rentable apartments both currently vacant, offering excellent air bnb/motel potential.Extensively updated in 2023 and 2024, the building includes anew roof, windows, doors, furnaces, appliances, and more, ensuring peace of mind for years to come.The upper-level unit is a beautifully renovated 2 bed + den, 2-bath space featuring a modern open-concept kitchen, living, and dining area with updated appliances and stylish finishes.The second unit spans two storeys and offers a warm, inviting 2 bed layout, great for a seasonal getaway or long-term tenant.Convenience is key with a ski locker equipped with custom hooks for skis and bikes, and thoughtful design throughout. The bright kitchen and airy living space create an ideal setting to unwind or entertain after a day of exploring.Just steps to Thornbury's charming shops, cozy cafés, and the stunning Georgian Bay, and only a short drive to private ski /golf clubs and Blue Mountain Village, this property is perfectly positioned to enjoy the best of the area's vibrant community and year-round recreational lifestyle.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$8,975/mo
Mortgage (principal + interest)$8,975
Minimum 20% ($479,800 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$479,800
Ontario land transfer taxProvincial brackets, no first-time refund$46,450
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$529,050
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Blue Mountains has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. 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.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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