$ 540,000

50 Meredith Street, Gore Bay

Investment opportunity on the main street (Meredith) of downtown Gore Bay, the service hub of Western Manitoulin. 2 commercial spaces on the main level, and a 2 bedroom newly renovated residential unit on the 2nd floor. Both commercial units have a ductless heat pump for A/C and alternate heat source. The Tenant in the primary space on the lower level is staying. This Tenant is also interested in continuing to lease the 2nd commercial space on the main level. (id:1945)
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Property details for 50 Meredith Street, Gore Bay

Type
Commercial
Parking
Parking Space(s)
Heating
Baseboard heaters
Ownership
Freehold

Nearby Listings Stat

Estimated price and comparable properties near 50 Meredith Street

Active Listings
11
Min Price
$41,000
Max Price
$550,000
Avg Price
$344,809
Days on Market
125
days
Sold Listings
2
Min Sold Price
$415,000
Max Sold Price
$594,000
Avg Sold Price
$504,500
Days until Sold
108
days

Neighbourhood Census Data

Gore Bay, Ontario

Population
515
Median Age
55.7
Median Income
$30,421
Dwelling Value
$250,220

Housing Tenure

Owners 56%
Renters 42%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.9
Pop. Density: 223.3/km²
Avg Shelter Cost: $1,090/mo
Owners with Mortgage: 48.4%
Owners Spending 30%+: 25.8%
Tenants Spending 30%+: 41.7%
English only: 94.2%
English and French: 5.8%
Median Household Income: $51,541
Median Employment Income: $23,552

Price History

Listed
April 24, 2026
by BOUSQUET REALTY, BROKERAGE
Current Price
$540,000
Type
Commercial
For Sale
50 Meredith Street

Contact Agent Get in touch about 50 Meredith Street, Gore Bay

SCOTT MCDOUGALL
SCOTT MCDOUGALL
BOUSQUET REALTY, BROKERAGE

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