82 STANLEY Street

About this home.

This mixed-use commercial building located in downtown Ayr offers an excellent investment opportunity. The property comprises three clean commercial units on the main floor, easily accessible to potential customers. Upstairs, there is a two-bedroom residential apartment and an updated one-bedroom apartment, both featuring spectacular views of Watson Pond and their own separate entrances. Additionally, the residential apartments benefit from four designated parking spots. All units are separately metered, enhancing convenience and efficiency. This is a great opportunity for any investor or owner-occupier to capitalize on a profit-generating property with no condominium fees. (id:59491)

The full record.

How this listing prices against Ayr.

Ayr accounted for 5 of North Dumfries' 7 sales and had 20 active listings, making it the clear centre of activity in the township this period. The neighbourhood's $840,697 average price sat below the citywide average, but its $690,000 median matched the city median, which suggests most demand is concentrated in the mid-market while a few higher-priced township sales lifted the overall North Dumfries average. Homes here took 33 days to sell, a bit slower than the city average, but they still achieved 96.23 percent of list, showing buyers are active when homes are priced close to market. With both freehold and condo inventory available, Ayr is offering more choice and a more layered market than the rest of North Dumfries right now.

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