$1,699,000
1035 METRO ROAD N
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Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
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. (id:65958)
- Subtype
- Retail
- Structure
- Residential Commercial Mix
- Community
- Historic Lakeshore Communities
- Living area
- 2,740 square feet
- Lot dimensions
- 253.44 x 187.16 FT ; 253 x 82 x 188 x 102 x 50 x 138 x 187
- Parking
- 28 total
- On market
- Mar 4, 2026
- Status changed
- Apr 17, 2026
- Annual tax
- $7,897.73
- Zoning
- C2 Commercial
- Photos
- 16
- MLS#
- N12844274
- Area
- GEORGINA_(HISTORIC_LAKESHORE_COMMUNITIES)
Features and systems
Heating
Cooling
Lot
Cash on cash
-11.46%
Cap rate
3.60%
GRM
16.7
Break-even rent
$11,917
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Georgina (Historic Lakeshore Communities). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 17, 2026.