50 Arthur St W

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$1,150,000

50 Arthur St W

Blue Mountains · MLS® X10438090

1 sq ft · 1 sq ft lot · Land · Vacant Land · 821 days on market

listed by ANDRES PAARA, Royal LePage Locations North

realtor's description

An exceptional opportunity to acquire a prime commercial vacant lot in the heart of Thornbury, situated on approximately 0.52 acres along Highway 26 (Arthur Street West).Strategically positioned just moments from downtown Thornbury and Bruce Street-surrounded by high-traffic anchors including Tim Hortons, Shell, the LCBO, and Foodland-this site provides unmatched visibility, access, and daily exposure.Flexible C1 zoning permits high-density mixed-use development, allowing for a three-storey build featuring commercial retail on the ground floor with residential apartments on the second and third floors. This presents a rare prospect for investors, developers, or business owners looking to establish a prominent presence in one of Southern Georgian Bay's most desirable communities.

property details

type: Land, Vacant Land
living area: 1 sq ft
lot: 1 sq ft
parking: 0
property tax: $4,667 / yr
days on market: 821
MLS®: X10438090

features

Flat site

monthly cost

$5,399/mo

Mortgage $5,010 · Tax $389

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$5,010/ monthly

loan $920,000

25-year amortization

down payment20% · $230,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $583,132
cash to close: $230,000; down payment; transfer tax and fees not included
total paid: $1,503,132

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.