About this property

Welcome to this iconic building on Queen Street in the heart of Cookstown! A rare investment and development opportunity located just minutes from Highway 400 and surrounded by new residential development. Situated on an impressive 30 x 220 ft double lot with excellent exposure at Queen Street and Wellington Street, this freestanding commercial/residential property offers tremendous potential for investors, builders and end users. The property features an established barber shop tenant on a 5-year lease at $1,000/month plus HST, providing immediate rental income. The residential portion includes a spacious 3-bedroom apartment that can be refurbished and rented for additional income. Unfinished basement provides further potential, with driveway and access to the rear of the property. What truly sets this property apart is the potential severance opportunity at the rear to create an additional residential building lot and potentially build another home, subject to municipal approval. The depth of the property and double-lot configuration create possibilities rarely available in this area. Hold, renovate, generate income, explore the severance potential, or position yourself for the continued growth of Cookstown. Opportunities like this are becoming increasingly difficult to find. Excellent location, existing income and future development potential all in one property. Property is being sold As Is, Where Is.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	N13682422
Status	Active
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	1,100 sq ft
Beds / Baths	3 bed · 1 bath
Neighbourhood	Cookstown
City	Innisfil
Postal Code	L0L 1L0
Province	ON
Listed Date	August 17, 2026
Days on Market	2
Price per Sq Ft	$1,000
Brokerage	REMAX YOUR COMMUNITY REALTY