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.
Prime high-visibility commercial corner in Georgina with potential for future development! 1035 Metro Road North offers a rare C2-zoned, 2-storey building on approximately 1.4 acres at Woodbine Avenue & Metro Road North, directly across from the LCBO/convenience store. With 2,740 sq. ft., 28 parking spaces, ample outdoor storage, and approval for a refreshment vehicle, this property delivers exceptional exposure and flexibility. The main floor features two retail/commercial units, a 2-piece washroom, and a Health Unit-approved commercial kitchen currently operating as a bakery. A 16' x 7' drive-in garage door supports efficient deliveries and service operations, complemented by aluminum storefront windows/doors and a fire-rated suspended ceiling. Upstairs, a legal 3-bedroom, 2-bathroom apartment with ensuite laundry and a 24' x 10' covered porch is ideal for owner-occupancy, staff housing, or rental income, with potential to convert to office space. Extensively renovated, the building includes a metal roof, 22-gauge siding, updated insulation, drywall, lighting, flooring, plumbing, electrical, and radiant heating. The commercial space offers 200-amp, 240V single-phase hydro, a Weissman propane boiler with on-demand hot water, and a fully equipped kitchen (double sink, hand-wash station, stove, hood fan, 20-amp/40-amp outlets). Municipal services, fibre internet, and cable are available. Permitted signage for up to three 4' x 8' signs enhances visibility. C2 zoning allows a wide range of uses including restaurant, retail, office, clinic, veterinary, catering, garden centre, motor vehicle sales, service shop and more. Ideally located near Lake Simcoe, beaches, parks, Sibbald Point Provincial Park and The ROC, the property benefits from strong local and seasonal traffic, with easy access to Highway 404, Highways 48 and 12.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
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$7,014/mo
Mortgage (principal + interest)$6,356
Property taxFrom listing: $7,898/yr$658
Minimum 20% ($339,800 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$339,800
Ontario land transfer taxProvincial brackets, no first-time refund$30,455
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$373,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Georgina 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.
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