50 Meredith Street
Gore Bay, Ontario
Other
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.
Price History
Schools
Elementary
- Charles C McLean Public School0.6 km
Public · Rainbow DSB · 175 students
Grade 3 reading: 54% met the provincial standard · Grade 6 math: 25% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P0P
- Population
- 20,285
- Private dwellings
- 12,782
- Median age
- 50.8
- Average household size
- 2.3
- Median household income
- $64,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Location
Mortgage Calculator
$108,000
Estimated Monthly Payment
$2,653
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,653/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $135/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?