303 301 Col Phillips Drive
Melancthon, ON
2,700 sqft • Investment • 281 days on market
2700 sqft drive thru unit for sale leased to Tim Hortons. Prime investment opportunity featuring a standalone Tim Hortons located in the rapidly growing community of Shelburne, Ontario. This modern drive-thru location offers high visibility, strong traffic exposure, and proximity to major retail anchors and residential developments. The property is leased to Tim Hortons, Canada's leading quick-service coffee brand, providing a secure, long-term income stream for investors. Entering the 6th year of the lease with 15 years remaining with additional extension options. This is a long term hold AAA investment. .
Listing Details
- Originally Listed
- $2,100,000
- Listed
- November 14, 2025
Price History
Location & Legal
- Cross Street
- Highway 10 and Col Phillips Dr
- Zoning
- commercial
- Possession
- Flexible
Commercial
- Occupancy
- Tenant
Community
Postal area L9V
- Population
- 17,750
- Private dwellings
- 6,657
- Median age
- 40
- Average household size
- 2.9
- Median household income
- $105,000
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.
Local market
Commercial in Melancthon · last 12 months
- Median sold price
- $898,000
- Homes sold
- 32
- Median days on market
- 54
- Sale-to-list price
- 93.3%
Based on 32 recorded sales of commercial properties in Melancthon over the last 12 months.
Listed by
RIGHT AT HOME REALTY
Location
Commercial figures
- Building area
- 2,700 sq ft
- Price per sq ft
- $925.56
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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